Precision Castparts Corporation

Precision Castparts Corp. (PCC, or the Company), a worldwide manufacturer of complex metal components and products, provides high-quality investment castings, forgings, fasteners/fastener systems and aerostructures for critical aerospace and power generation applications. The Company also provides:
Specialty alloys for the investment casting and forging industries;
High-performance, nickel-, titanium- 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;
Downhole casings, clad seamless pipe, tube, fittings, plate, sheet and bar in a variety of nickel, titanium and steel alloys for severe service oil and gas environments, extending from the bottom of the well through the distribution of refined products;
Seamless interconnect pipe for use in coal-fired power plants and industrial gas turbine installations;
Revert metal processing solutions for a wide range of industries;
Heat treating and destructive testing services for the investment casting and forging industries;
Investment castings and forgings for general industrial, automotive, armament, medical and other applications;
Fasteners for automotive and general industrial markets.
PCC is distinguished by preeminent 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 supplemental businesses by expanding market share and creating new market opportunities, while seeking appropriate acquisitions through which this growth may be enhanced.

Type
Subsidiary
Parent Company
Berkshire Hathaway
HQ
Portland, US
Founded
1953
Precision Castparts Corporation was founded in 1953 and is headquartered in Portland, US

Precision Castparts Corporation Office Locations

Precision Castparts Corporation has offices in Portland, Beachwood, Houston and Jenkintown
Portland, US (HQ)
300 4650 SW Macadam Ave
Jenkintown, US
301 Highland Ave
Houston, US
10825 Telge Rd
Beachwood, US
250 25201 Chagrin Blvd
Portland, US
4600 SE Harney Dr

Precision Castparts Corporation Financials and Metrics

Precision Castparts Corporation Summary

Founding Date

1953
Precision Castparts Corporation is a subsidiary of Berkshire Hathaway

Precision Castparts Corporation Financials

Precision Castparts Corporation's revenue was reported to be $10 b in FY, 2015 which is a 5% increase from the previous period.
USDFY, 2014FY, 2015

Revenue

9.5 b10 b

Revenue growth, %

5%

Cost of goods sold

6.3 b6.8 b

Gross profit

3.3 b3.3 b
USDFY, 2014FY, 2015

Cash

361 m474 m

Inventories

3.4 b3.6 b

Current Assets

5.5 b6 b

Goodwill

6.6 b6.7 b
USDFY, 2014FY, 2015

Net Income

1.8 b1.5 b

Inventories

(344 m)(292 m)

Cash From Operating Activities

1.9 b1.7 b

Capital Expenditures

(355 m)(455 m)
Show all financial metrics

Traffic Overview of Precision Castparts Corporation

Precision Castparts Corporation Company Life and Culture

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