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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PCC Structurals manufactures stationary components that
form portions of the fan, compressor, combustor, and turbines sections
of a jet aircraft engine. The business' technology and expertise have
more recently been applied to development of significant growth opportunities
in the industrial gas turbine and airframe markets.
