PCC to buy Calif. aerospace supplier

Mar 20, 2014 | 04:18 PM | Frank Haflich

Tags  aerospace, titanium, aluminum, PCC, Precision Castparts, ADI, Aerospace Dynamics International, Mark Donegan Frank Haflich

LOS ANGELES — Precision Castparts Corp. (PCC) is moving further into the aerospace supply chain with its $625-million acquisition of Aerospace Dynamics International (ADI).

Portland, Ore.-based PCC said it will buy ADI, a Valencia, Calif., machining specialist that employs 625 people, from privately held Marvin Group. The transaction is expected to be completed in the company’s fiscal first quarter, which ends June 30.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results