Precision Castparts
Precision Castparts is a global manufacturer of complex metal components for aerospace, power generation, and industrial markets, producing investment castings, forgings, fasteners, and titanium products for major OEMs including Boeing, Airbus, GE, Rolls-Royce, and Pratt & Whitney.
- Company typePrivate
- Founded1947
- HeadquartersLake Oswego, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Precision Castparts does
Precision Castparts Corp. (PCC) is a U.S.-based global manufacturer of complex metal components and products, organized into four operating segments: Investment Cast Products (PCC Structurals, PCC Airfoils), Forged Products (Wyman-Gordon), Metals Products (TIMET, Special Metals, PCC Energy Group), and Airframe Products (PCC Fasteners, PCC Aerostructures, PCC Engineered Products). The company produces large, complex structural investment castings (including the world's largest at 76-inch diameter), airfoil castings for jet and industrial gas turbine engines, high-performance forgings via a 50,000-ton press in Grafton, MA, titanium sponge and melted products through TIMET (nearly one-fifth of global titanium demand), high-nickel alloys (more than 75% of those used in oil and gas), aerostructures, and highly engineered critical fasteners (an average of 300,000 per modern aircraft).
PCC serves the aerospace, power generation, and general industrial markets, with aerospace as the primary end market. Its enterprise customers include Airbus, Boeing, GE Aviation, Rolls-Royce, and Pratt & Whitney, for whom PCC supplies mission-critical components across engines and airframes on programs such as the 787 Dreamliner, A350 XWB, CF6, LEAP, and PW2000/4000. The company operates through long-term direct enterprise supply relationships rather than traditional distribution channels and is qualified as a tier-1 and tier-2 supplier across virtually every modern commercial aircraft program.
The business model is B2B hardware sales of custom-manufactured components under long-term contracts with major OEMs; pricing is not publicly disclosed and is determined by specifications, volumes, and contract terms. Founded in 1947 in Portland, Oregon, PCC grew through serial acquisitions (Wyman-Gordon 1999, SPS Technologies 2003, Special Metals 2006, Primus 2011, TIMET and Permaswage 2013, Noranco 2015) and was acquired by Berkshire Hathaway for $37.2 billion in January 2016, becoming a private wholly-owned subsidiary. The company is headquartered in Lake Oswego, Oregon, employs 20,000+ people across 120+ manufacturing facilities in nearly 30 U.S. states plus international operations in the U.K. and Malaysia, and is currently led by CEO Mark Donegan.
Precision Castparts firmographics
Firmographics- Name
- Precision Castparts
- Legal name
- Precision Castparts Corp.
- Website
- https://precast.com
- Company type
- Private
- Founded year
- 1947
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Precision Castparts is a global manufacturer of complex metal components for aerospace, power generation, and industrial markets, producing investment castings, forgings, fasteners, and titanium products for major OEMs including Boeing, Airbus, GE, Rolls-Royce, and Pratt & Whitney.
- Ownership category
- akta.pro rank
Precision Castparts industry classification
Industry- Product category
- Aerospace Components Manufacturing
- NAICS
- Aerospace Product and Parts Manufacturing (33641), Nonferrous Metal Die-Casting Foundries (331523), Precision Turned Product Manufacturing (332721)
- SIC
- Aircraft & Parts (3720), Nonferrous Foundries (Castings) (3360), Screw Machine Products (3451)
- akta.pro primary industry
- Metal Airframe Structures & Machined Parts (IMABAEAC)
- akta.pro secondary industries
- Aerospace Fasteners & Hardware (IMABANAA), Primary Airframe Structures (Fuselage, Wing, Empennage) (IMABAEAA)
Keywords
Where Precision Castparts is headquartered
LocationHeadquarters
- HQ city
- Lake Oswego
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Precision Castparts business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Aerospace Components Manufacturing: PCC generates revenue through the manufacture and sale of complex metal components including investment castings, forged components, aerostructures, and critical fasteners for aerospace applications. The company serves both commercial and military aerospace markets.
- Industrial Gas Turbine Components: PCC is the leading producer of airfoil castings for the industrial gas turbine market, manufacturing hot section components including blades, vanes, shrouds, heat shields, and fairings.
- Metals and Alloys: PCC manufactures and sells titanium products (through TIMET) and high-performance nickel alloys (through Special Metals) to the casting and forging industries, as well as extruded seamless pipe for power generation and oil & gas applications.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Precision Castparts product offering
Product offeringCore offering
Precision Castparts is a global, diversified manufacturer of complex metal components and products, organized into four operating segments: Investment Cast Products (large structural castings and airfoils), Forged Products, Metals Products (titanium, nickel superalloys, seamless pipe), and Airframe Products (fasteners, aerostructures, assemblies). The company produces mission-critical parts for aircraft engines and airframes, industrial gas turbines, power generation, and oil & gas applications.
Product overview
Precision Castparts Corp. is a diversified manufacturer of complex metal components and products serving aerospace, power, and general industrial markets. The company's portfolio is organized into four operating segments: Investment Cast Products (PCC Structurals and PCC Airfoils), Forged Products (Wyman-Gordon), Metals Products (TIMET, Special Metals Corporation, and PCC Energy Group), and Airframe Products (PCC Fasteners, PCC Aerostructures, and PCC Engineered Products). PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, forged components, aerostructures, and highly engineered critical fasteners for aerospace applications. The company is also the leading producer of airfoil castings for the industrial gas turbine market and manufactures extruded seamless pipe, fittings, and forging products for power generation and oil & gas applications.
Differentiator
Problem solved
Functional benefit
Brands
- PCC Structurals: Specializes in nickel-based superalloy, titanium, stainless steel, and aluminum investment castings for aerospace, land-based turbine, medical, and other applications.
- PCC Airfoils
- Wyman-Gordon
- TIMET
- Special Metals
- PCC Energy Group
- PCC Fasteners
- PCC Aerostructures
- PCC Engineered Products
Products and services
- PCC Structurals Manufactures large, complex structural investment castings in nickel-based superalloy, titanium, stainless steel, and aluminum for aerospace, land-based turbine, medical, and other applications.
- PCC Airfoils Produces airfoil castings and hot section components (blades, vanes, shrouds, heat shields, fairings) for aircraft engines and industrial gas turbines.
- Wyman-Gordon Produces complex forgings and high-performance nickel-based alloys and superalloys for aerospace, power generation, and general industrial applications.
- TIMET (Titanium Metals Corp.) Manufactures titanium mill and melted products; the largest titanium sponge producer and melter in North America, supplying nearly one-fifth of the world's titanium demand.
- Special Metals Corporation Invents, produces, and supplies high-performance nickel-based alloys and superalloys for critical applications; developer of more than 75% of nickel alloys used in the oil and gas industry.
- PCC Energy Group Supplies extruded seamless pipe, fittings, and forging products for power generation and oil & gas applications.
- PCC Fasteners Offers one of the industry's broadest ranges of aerospace fasteners and precision components, including fasteners, rivets, mechanical hardware, and structural components.
- PCC Aerostructures Manufactures world-class assemblies and components for the global aerospace market, including commercial and military airframe aerostructures.
- PCC Engineered Products Manufactures engineered fasteners, fastening systems, metal components, and assemblies for aerospace, transportation, power generation, and general industrial markets.
Quantifiable outcome
- Nearly 1/5 of the world's titanium demand supplied by PCC through TIMET
- +2 more outcomes
Companies that use Precision Castparts
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Precision Castparts technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Precision Castparts partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BHE Renewables (Berkshire Hathaway Energy)corePCC is partnering with BHE Renewables and the state of West Virginia to build a first-of-its-kind titanium melt facility in Ravenswood, West Virginia. The facility will be powered by 100% renewable energy through a solar-powered microgrid. This partnership represents an unprecedented clean energy investment aimed at revitalizing the local economy while enabling PCC to expand its titanium manufacturing capacity for aerospace, defense, industrial, and medical applications.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
Precision Castparts competitors and assessment
Company assessmentBroad incumbents
- Safran: Safran is a major European aerospace OEM and tier-1 supplier producing engine components, landing gear, and fasteners, overlapping with PCC's aerospace components business on a transatlantic basis.
- TransDigm Group: TransDigm is a major aerospace components supplier with a portfolio that overlaps PCC's fastening and engineered component businesses, serving both commercial and military aerospace aftermarket and OEM markets.
- Spirit AeroSystems: Spirit AeroSystems is a tier-1 aerostructures manufacturer supplying fuselages and other major assemblies to Boeing and Airbus, overlapping with PCC Aerostructures' airframe assembly capabilities.
Regional players
- Hexcel: Hexcel produces advanced composite materials for aerospace structures and engines, serving as an adjacent materials supplier to the same OEM customer base as PCC though focused on composites rather than metals.
Direct peers
- Barnes Aerospace: Barnes Aerospace manufactures precision machined components, engineered components, and assemblies for aerospace engines and airframes, directly competing with PCC's machined components and fastener businesses.
- Howmet Aerospace: Howmet Aerospace (formerly Arconic) is the most direct competitor to PCC, producing investment castings, forged engine components, and fasteners for aerospace engine and airframe applications, serving the same Boeing/Airbus/engine OEM customer base.
- Allegheny Technologies (ATI): ATI produces specialty titanium and nickel-based alloys, flat-rolled products, and forgings for aerospace and defense, directly competing with PCC's TIMET and Special Metals businesses for aerospace-grade materials supply.
- Triumph Group: Triumph Group manufactures aerostructures, complex machined components, and aerospace fasteners, competing directly with PCC Aerostructures and PCC Fasteners for airframe assemblies and precision components.
- Carpenter Technology: Carpenter Technology produces specialty alloys including nickel, titanium, and cobalt-based materials for aerospace, defense, and medical applications, directly competing with PCC's Special Metals business.
Emerging players
- Haynes International: Haynes International develops and manufactures high-performance nickel and cobalt-based alloys for aerospace, chemical, and industrial applications, competing with PCC's specialty alloys portfolio in narrower high-temperature alloy segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Precision Castparts social profiles
Digital presencePrecision Castparts financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precision Castparts leadership team
Management profileNumber of profiles
Profiles3 records
Precision Castparts subsidiaries and ownership
Company hierarchySubsidiaries13 records
Precision Castparts funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precision Castparts M&A and investment
M&A and investmentM&A14 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precision Castparts
What does Precision Castparts do?
Precision Castparts is a global, diversified manufacturer of complex metal components and products, organized into four operating segments: Investment Cast Products (large structural castings and airfoils), Forged Products, Metals Products (titanium, nickel superalloys, seamless pipe), and Airframe Products (fasteners, aerostructures, assemblies). The company produces mission-critical parts for aircraft engines and airframes, industrial gas turbines, power generation, and oil & gas applications.
Is Precision Castparts a public or private company?
Precision Castparts is a private company. It is classified as corporate owned and is currently operating.
When was Precision Castparts founded?
Precision Castparts was founded in 1947. It employs 5,001 to 10,000 people.
Where is Precision Castparts based?
Precision Castparts is headquartered in Lake Oswego, United States, in the North America region.
How does Precision Castparts make money?
Three revenue lines are on record. Aerospace Components Manufacturing is the primary driver. The others are industrial Gas Turbine Components and metals and Alloys.
Who are Precision Castparts's main competitors?
Broad incumbents on record are Safran, TransDigm Group and Spirit AeroSystems. Hexcel is listed as a regional player. Direct peers are Barnes Aerospace, Howmet Aerospace, Allegheny Technologies (ATI), Triumph Group and Carpenter Technology. Haynes International is listed as an emerging player.
Does Precision Castparts have an API?
No public API is recorded for Precision Castparts.
What industry is Precision Castparts in?
Precision Castparts's product category is Aerospace Components Manufacturing. Its primary akta.pro industry code is IMABAEAC, Metal Airframe Structures & Machined Parts, with a secondary code of IMABANAA, Aerospace Fasteners & Hardware. Its NAICS code is 33641 and its SIC code is 3720.