PCC eyeing fastener feedstock capacity

Jul 25, 2013 | 07:07 PM | Frank Haflich

Tags  PCC, Precision Castparts, fastener capacity, titanium, aluminum, Mark Donegan, Alcoa, LISI Aerospace Permaswage

LOS ANGELES — Precision Castparts Corp. (PCC) might be on the hunt for a producer of aerospace fastener stock.

Mark Donegan, chairman and chief executive officer of Portland, Ore.-based PCC, told securities analysts in a conference call that there are "two or three more assets we would like to get our hands on" in the fastener industry. He noted specifically that PCC doesn’t have in-house capacity to produce fastener stock to feed its manufacturing operations but would like to gain that capability.....

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