Precision Castparts Corp.
A worldwide, diversified manufacturer of complex metal components and products
Company Overview
Precision Castparts Corp. is the market leader in manufacturing large, complex structural investment castings, airfoil castings, forged components, and critical fasteners for aerospace applications. The Company is also the leading producer of airfoil castings for the industrial gas turbine market. In addition, PCC manufactures seamless pipe and other forged products for power generation and energy applications; airframe aerostructures; and metal alloys for the casting and forging industries.
Precision Castparts Corp.
Acquisition Strategy
Product Adjacent(New Products/Aerospace & Power)
Close
to Home(Current Products/
Aerospace
& Power)
Core Competencies
- Component manufacturer for complex end uses
- OEM customer profile
- Process control expertise
- Procurement or technology similarities
- Operational excellence
Market
Expansion(Current Products/
Non-Core
Markets)
New Opportunities(New Products/Non-Core Markets)
Precision Castparts has achieved solid top- and bottom-line growth not only through its legacy operations, but also through acquisition of businesses specifically targeted to complement those operations. With a focus on aerospace and power markets, acquisition candidates are selected in accordance with our core capabilities: production of complex components for critical applications; a direct relationship with the original equipment manufacturer; process control; similarity in metals or technologies; and improvement of underperforming assets. We value businesses fairly and, as disciplined buyers, will pay a reasonable multiple based on that valuation. To date, our acquisitions have been immediately accretive to earnings, with post-acquisition synergies generating increased shareholder value.
