PCC eyes titanium capacity to supply forging operations (US)

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PORTLAND, OREGON – OCTOBER 27, 2011 – A foundry operator at Precision Castparts pours an element into the molten metal alloy to make it even hotter so that it will completely expand and grow into the mold. (Credit Photo @ Benjamin Brink/The Oregonian)

LOS ANGELES — Precision Castparts Corp. (PCC), one of the aerospace supply chain’s most active companies on the acquisition front, seems to have titanium  production capacity on its wish list.

 “We’d love to get forged titanium capability in terms of input stock”

Mark  Donegan, PCC chairman and chief executive

 “We’d love to get forged titanium capability in terms of input stock,” Mark  Donegan, chairman and chief executive officer of the Portland, Ore.-based company, said during a quarterly conference call with securities analysts…..

Source : AMM

Posted in Strategy.

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