Company Overview

Precision Castparts Corp. is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, forged components, aerostructures and highly engineered, critical fasteners for aerospace applications. In addition, the Company is the leading producer of airfoil castings for the industrial gas turbine market. PCC manufactures extruded seamless pipe, fittings, forgings, and clad products for power generation and oil & gas applications; commercial and military airframe aerostructures; and metal alloys and other materials to the casting and forging industries.

THE CORPORATE CULTURE AT PCC

Precision Castparts Corp. (PCC) is a world-class, global manufacturing organization relentless in its dedication to being the high-quality, low-cost and on-time producer for all of its product lines, delivering the highest value to its customers and shareholders, and continually pursuing strategic, profitable growth.

Each of our production facilities operates as its own business unit, squarely focused on never-ending improvement – quarter after quarter, year after year.  These plants employ time-tested manufacturing tools to meet this objective. Each quarter, PCC's CEO and segment component presidents review the operational results on a plant-by-plant basis to identify opportunities for cost reduction and improved performance. There is always opportunity. PCC adheres to high standards in the manufacture of high-quality products that meet the most demanding specifications of its sophisticated customer base.

PCC employees excel in a fast-paced, dynamic work environment that rewards performance and results and challenges each employee to reach his or her full potential by demanding continuous improvement and increased decision-making and authority. The Company is committed to recruiting, training, and promoting employees who rise to these challenges.

All PCC employees share responsibility to maintain the highest legal and ethical standards. Performing with integrity is a way of life and vital to the Company's success. The PCC Code of Conduct is actively enforced at all facilities worldwide. This includes maintaining a safe and secure workplace for all employees and visitors.

PCC practices good corporate citizenship and contributes to numerous causes, with an emphasis on educational programs and community involvement to assist youth at risk. Individual manufacturing facilities are also encouraged to support local causes within their communities.

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Company Quarterly Financials

 
Q3 FY14
Sept 30, 2013 - Dec 29, 2013
Sales $2,357M
Consolidated Segment
Operating Income
$659M
Margin % 28.0%
Earnings Per Share From Cont. Operations $2.95
Sales By Market 
Aerospace:69%
Power:18%
General Industrial
& Other:
13%
Number of Employees (approx., from cont. ops) 28,600
Number of Manufacturing Locations 156
Next Earnings Release Date:
May 08, 2014
For more complete details, visit our SEC Filings page.