Strong end markets, effective volume leverage, and
continued, across-the-board operational improvements drove Precision
Castparts Corp. (NYSE:PCP) to new highs in sales, net income, and earnings
per share from continuing operations both for the fourth quarter of
fiscal 2008 and for the full fiscal year.
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Advanced Forming Technology is the world's largest producer
of metal-injection-molded parts in stainless steel, titanium, copper,
and other ferrous alloys, and of net-shape, metal-matrix-composite components.
ThixoForming, the business' newest manufacturing process, provides
an advanced technology alternative to die casting.