PCC back to aero buys, will acquire Synchronous
Nov 28, 2012 | 05:16 PM
| Frank Haflich
Tags
Precision Castparts Corp,
PCC< Synchronous Aerospace Group,
aerospace machining,
titanium,
Frank Haflich
LOS ANGELES — Precision Castparts Corp. (PCC) is back to buying aerospace machining capabilities with the proposed acquisition of Synchronous Aerospace Group, following a brief break in strategy to pick up titanium capacity.
PCC—which recently said it would acquire Titanium Metals Corp. (Timet) for $2.9 billion (amm.com, Nov. 9)—said this week it expects to complete the purchase of Santa Ana, Calif.-based Synchronous, which makes mechanical assemblies for the commercial aerospace and defense markets, by the end of the year. Financial details of the proposed cash transaction weren’t disclosed. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here