Precision Castparts Corp. Improves Year-Over-Year
Operating Margins in the Third Quarter of Fiscal 2010
Precision Castparts Corp. (NYSE: PCP) continued to
drive its operations to achieve solid margin performance in the third
quarter of fiscal 2010, tackling major operational challenges in the
face of significant year-over-year sales erosion across all of the
Company’s end markets.
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PCC Structurals manufactures stationary components that
form portions of the fan, compressor, combustor, and turbines sections
of a jet aircraft engine. The business' technology and expertise have
more recently been applied to development of significant growth opportunities
in the industrial gas turbine and airframe markets.