PORTLAND – February 12, 2009 – The
board of directors of Precision Castparts Corp.
(NYSE: PCP) has declared a quarterly cash dividend
of three cents ($0.03) on the company’s
common stock payable on March 30, 2009, to
shareholders of record at the close of business
on March 6, 2009.
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Precision Castparts Corp. is a worldwide, diversified
manufacturer of complex metal components and products. It
serves the aerospace, power generation, automotive,
and general industrial and other markets. PCC
is the market leader in manufacturing large, complex
structural investment castings, airfoil castings,
and forged components used in jet aircraft engines
and industrial gas turbines. The Company
is also a leading producer of highly engineered,
critical fasteners for aerospace, automotive, and
other markets and supplies metal alloys and other
materials to the casting and forging industry.
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Information included within this press release 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, general industrial
and automotive 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; the availability and
cost of materials, energy, supplies, insurance,
and pension 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;
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.
Contact:
Dwight E. Weber
503-417-4855
