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.

Forward-looking Statements

Information on this website describing projected growth and future results and events constitutes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995.  Actual results in future periods may differ materially from the forward-looking statements because of a number of risks and uncertainties, including but not limited to:

  • fluctuations in the aerospace, power generation, and general industrial cycles;
  • the relative success of the Company’s entry into new markets;
  • competitive pricing;
  • the financial viability of the Company’s significant customers;
  • the impact on the Company of customer labor disputes;
  • demand, timing, and market acceptance of new commercial and military programs, including the Boeing 787;
  • the availability and cost of energy, materials, supplies, and insurance;
  • the cost of pension benefits and post-retirement medical benefits;
  • equipment failures;
  • relations with the Company’s employees;
  • the Company’s ability to manage its operating costs and to integrate acquired businesses in an effective manner;
  • governmental regulations and environmental matters;
  • risks associated with international operations and world economies;
  • the relative stability of certain foreign currencies;
  • the impact of adverse weather or natural disasters;
  • the availability and cost of financing;
  • and implementation of new technologies and process improvement.

Any forward-looking statements should be considered in light of these factors.  The Company undertakes no obligation to publicly release any forward-looking information to reflect anticipated or unanticipated events or circumstances after the date of this document.

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Company Quarterly Financials

 
Q3 FY12
October 3, 2011 — January 1, 2012
Sales $1,816.8M
Consolidated Segment
Operating Income
$459.0M
Margin % 25.3%
Earnings Per Share From Cont. Operations $2.12
Sales By Market 
Aerospace:64%
Power:19%
General Industrial
& Other:
17%
Number of Employees (approx.) 21,000
Number of Manufacturing Locations 127
Next Earnings Release Date:
May 17, 2012
For more complete details, visit our SEC Filings page.