PCC’s deal for ADI stresses drive for in-house sourcing

Mar 21, 2014 | 05:14 PM | Frank Haflich

Tags  Precision Castparts, PCC, Aerospace Dynamics International, ADI, Mark Donegan, fasteners, forgings, castings aerostructures

LOS ANGELES — Precision Castparts Corp.’s (PCC’s) plans for its newest proposed acquisition, Aerospace Dynamics International (ADI), reflect the company’s increasing intention to drive sourcing among its operations in-house.

PCC this past week said it will spend $625 million to buy the Valencia, Calif.-based machining house, which has specialties in large complex components (amm.com, March 20).

Mark Donegan, chairman and chief executive officer, said in a statement that he’s looking for the "fasteners, forgings and castings that ADI currently purchases on the outside" to be supplied by other PCC operations.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results