Troubled PCC press on track to return

Sep 27, 2013 | 05:12 PM | Frank Haflich

Tags  aerospace, Precision Castparts, Mark Donegan, forging press, Frank Haflich

LOS ANGELES — A large forging press that’s been a "headwind" for Precision Castparts Corp. (PCC) for more than a year is due back on-stream after an extended outage.

Mark Donegan, the Portland, Ore.-based company’s chairman and chief executive officer, told securities analysts at a recent Citigroup Inc. conference in New York that a program to refurbish a 29,000-ton press in Houston last year is "on plan" for completion in the current quarter with "no surprises."....

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