Precision Castparts Corp. Delivers Steady Financial
Performance in Second Quarter Fiscal 2009
Precision Castparts Corp. (NYSE: PCP) increased year-over-year
sales and earnings in the second quarter of fiscal 2009, overcoming
the effects of seasonal maintenance, Hurricane Ike, and the unplanned
outage of an isothermal forge.
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PCC Airfoils' products made of special nickel superalloys
are manufactured with complex, internal cooling passages to withstand
turbine temperatures of 2.400° F or more. The business has also become
a major supplier of airfoils on large, land-based gas turbines for electrical
power generation.