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About PCC Structurals, Inc.

Precision Castparts Corp. (PCC) is a maker of investment castings, and forged and fastener products that have applications in industries from aerospace and energy markets. Products include metal components for aircraft engines and industrial gas turbines (IGT). The company also makes metal forgings including seamless pipe used in power plants, downhole casings and tubing pipe for oil and gas production. PCC is also a leading manufacturer of fasteners and fastening systems used in the aerospace, construction and machinery industries. It has locations in North America, Europe and Asia. The majority of PCC's sales are from purchase orders. The company is a subsidiary of Berkshire Hathaway.

Operations

PCC's operates through three segments: investments castings, forged products, and fastener products.

Investment casting technology involves a multi-step process that uses ceramic molds in the manufacture of metal components with more complex shapes, closer tolerances and finer surface finishes than parts manufactured using other methods. Businesses are PCC Structurals and PCC Airfols.

The forged products division manufactures seamless pipe used in nuclear, coal-fired, and industrial gas turbine power plants, and downhole casings and tubing pipe for severe service oil and gas applications. Other products include nickel-based alloys. Other businesses include Wyman-Gordon, PCC Energy Group, Titanium Metal Corp. and Special Metals Corp.

Lastly, PCC is a developer and manufacturer of highly engineered fasteners, fastener systems, aerostructures and precision components. Product applications include wing, fuselage, and engine-related assemblies, among others. Segments include PCC Fasteners and PCC Aerostructures.

Geographic Reach

Headquartered in Oregon, PCC operates more than 160 manufacturing plants across North America, South America, Europe, Asia, and Australia.

Sales and Marketing

PCC serves the aerospace, power, energy, automotive, heavy truck, farm machinery, mining and construction equipment, shipbuilding, machine tools, medical equipment, appliances and recreation markets, among others.

The company's sales typically come from purchase orders or demand schedules involving long-term agreements. Major customers have included Airbus, Boeing, GE, and Rolls-Royce.  In addition, the majority of PCC's sales are from purchase orders or demand schedules pursuant to long-term agreements.  

Company Background

Oregon Saw Company was founded in 1949 and sold in 1953; its buyer wanted neither the future PCC nor a power tools unit, so the two became Omark Industries. In 1956 a buyer purchased the power tool business but wasn't interested in castings; that operation was spun off as Precision Castparts Corp.

In the early 1950s Oregon Saw developed a process for producing large parts by use of investment casting, making products that rivaled the strength of forged and machined parts at a fraction of the cost. After a two-year search, they landed their first aerospace customer -- Air Research Corp.

PCC went public in 1968. In 1976 the company acquired Centaur Cast Alloys (small investment castings, UK) to make parts for the European aerospace industry. By that time General Electric (GE) and Pratt & Whitney accounted for most of PCC's business.

To diversify, it added TRW's cast airfoils (used in aircraft engines and industrial gas turbines) division in 1986.

In 1997 PCC spent $437 million to acquire seven more companies that helped boost sales 75% from 1996 levels. The next year it purchased four metalworking companies that served industries other than aerospace.

In January 2016, the company was acquired by Berkshire Hathaway in a mega-deal valued at $37 billion.

PCC Structurals, Inc.

4600 SE Harney Dr
Portland, OR 97206-0825
Phone: 1 (503) 777-3881

Firm Stats

Employer Type: Privately Owned
Vice President of Operations SSBO: Gary Collison
Structurals Division Vice President Strategic Sales: Jim Criswell
Director: Beau Mersereau
Employees (This Location): 2,000
Employees (All Locations): 3,000

Major Office Locations

Portland, OR

Other Locations

San Leandro, CA
Carson City, NV
Clackamas, OR
Milwaukie, OR
Portland, OR
Redmond, OR