Precision Castparts Corp. Delivers Record Operating
Margins in Fiscal 2009 Fourth Quarter Results
Precision Castparts Corp. (NYSE:PCP) continued its
intense focus on operational improvements in the fourth quarter of
fiscal 2009 and delivered record operating margins, capping a record
year of sales, consolidated segment operating income, and operating
margins from continuing operations.
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PCC Airfoils' products made of special nickel superalloys
are manufactured with complex, internal cooling passages to withstand
turbine temperatures of 2.400° F or more. The business has also become
a major supplier of airfoils on large, land-based gas turbines for electrical
power generation.