Precision Castparts Corp.

Precision Castparts Corp. (PCC) is a global leader in the manufacturing of complex metal components and products, serving critical sectors such as aerospace, power generation, and defense. Established in 1953 and headquartered in Portland, Oregon, PCC has grown to become a diversified enterprise with a strong presence in the industrial goods and metal fabrication industries.

Product Offerings

• Investment Cast Products: PCC specializes in producing high-quality, complex investment castings used in aircraft engines, industrial gas turbines, airframes, medical implants, and various industrial applications. The company is renowned for manufacturing large, complex structural investment castings and airfoil castings for jet engines.
• Forged Products: The Forged Products segment includes Wyman-Gordon, PCC Energy Group, Titanium Metals Corporation (Timet), and Special Metals Corporation. This segment serves the aerospace and power generation markets, producing engine components and airframe structural components for military and commercial aircraft, as well as mechanical and structural tubular products for energy markets.
• Metals Products: With over 180 years of metallurgical experience, PCC offers an extensive portfolio of metal alloys and materials, including titanium and superalloys, catering to the casting and forging industries.
• Airframe Products: PCC is a leading developer and manufacturer of highly engineered fasteners, fastening systems, aerostructures, and precision components primarily used in critical aerospace applications. This segment also serves construction, automotive, heavy truck, and general industrial markets.

Global Presence

PCC operates a vast network of facilities worldwide, ensuring a robust manufacturing supply chain to support its global customer base.

In the United States, the company has multiple locations, including:

• Lake Oswego, Oregon: Headquarters at 5885 Meadows Road, Suite 620.
• Portland, Oregon: Multiple facilities including Large Parts Campus in Milwaukie, Small Parts Business Operations in Clackamas, and Deer Creek Campus in Milwaukie.
• Torrance, California: A facility located at 17703 15th Ave SE, Bothell, WA.
• Hawthorne, California: A facility located at 25540 Rye Canyon Road, Valencia, CA.
• Los Angeles, California: A facility located at 1900 W Walnut St., Compton, CA.

Internationally, PCC has a significant presence with facilities in Canada, Europe, Asia, and Mexico, including:

• Cambridge, Ontario
• Dorval, Québec
• Kunshan, Jiangsu Province, China
• Querétaro, Mexico

Recent Developments

In 2016, Precision Castparts Corp. became a wholly owned subsidiary of Berkshire Hathaway, marking a significant milestone in the company's history. Despite facing challenges in the aerospace industry, including a nearly $10 billion writedown in 2021, the company has shown resilience.

In 2024, revenues rose 12% to $10.4 billion, and pre-tax profits grew 24% to approximately $1.9 billion, reflecting a strong recovery in the aerospace sector.

PCC's commitment to quality and innovation has solidified its position as a trusted partner in aerospace, power generation, and defense industries, delivering critical components that meet demanding specifications of its sophisticated customer base.

Locations

• Torrance, CA, USA
• Hawthorne, CA, USA
• Los Angeles, CA, USA