Recovering aerospace market spurs PCC

Oct 28, 2011 | 03:36 PM | Frank Haflich

Tags  precision castparts, aerospace, mark donegan, boeing 787, frank haflich

LOS ANGELES — Rising build rates in the commercial aerospace industry are prompting Precision Castparts Corp. (PCC) to accelerate hiring and speed up planned capital investments.

Chairman and chief executive officer Mark Donegan said that higher airline production rates "are beginning to work into our casting and forging delivery schedules and start to ramp up" in the second half of PCC’s fiscal year. He pointed out that the new Boeing....

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