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.

Business

Precision Castparts Corp. (PCC, or the Company), a worldwide manufacturer of complex metal components and products, provides high-quality investment castings, forgings, and fasteners/fastener systems for critical aerospace and power generation applications. The Company also provides:

  • Seamless extruded pipe for use in coal-fired power plants, industrial gas turbine installations, and deep-sea oil platform applications;
  • High-performance, nickel- and cobalt-based alloys engineered for optimum heat resistance, high-temperature corrosion resistance, toughness, and strength, available in a full range of mill forms, including billet, ingot, tubing, sheet, strip, foil, plate, bar, rod, extruded shapes, rod-in-coil, wire, and welding consumables;
  • Specialty alloys for the investment casting industry;
  • Revert metal processing solutions for a wide range of industries;
  • Investment castings and forgings for general industrial, automotive, armament, medical, and other applications;
  • Fasteners for automotive and general industrial markets;
  • Low-pressure, gravity-independent sewage collection systems for residential installation;
  • Utility systems for the protection and performance optimization of electric power generation equipment;
  • Refiner plates, screen cylinders, and other products for the pulp and paper industry; and
  • Metalworking tools for the fastener market and other applications.

PCC is distinguished by pre-eminent leadership in the markets it serves, the high degree of proprietary technology and technical expertise inherent in its product lines, outstanding management of complex manufacturing processes, and close attention to the creation of shareholder value. The Company continues to invest in the growth of its core and derivative businesses by expanding market share and creating new market opportunities, while seeking appropriate acquisitions through which this growth may be enhanced.

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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.