Press maintenance issues rattle PCC
Oct 25, 2012 | 05:45 PM
| Frank Haflich
LOS ANGELES Precision Castparts Corp. ran into "significant headwinds" in the maintenance of three key forging presses, resulting in greater-than-anticipated downtime at its Texas and Massachusetts facilities during its fiscal second quarter.
The Portland, Ore.-based producer of investment castings, forgings and airframe products said that the problems involved the Houston and Grafton, Mass., operations of its Wyman-Gordon unit, where planned maintenance took longer than expected, as well as the main ring-rolling press its Carlton Forge Works unit in Paramount, Calif., which suffered a previously undisclosed electrical fire.....
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