PCC Expands Capabilities with Forging Acquisition.Precision Castparts Corp. (PCC PCC prothrombin complex concentrate. ), Portland, Oregon, has acquired the assets of The Drop Dies and Forgings Co., Cleveland, in a deal valued at $23 million. Drop Dies and Forgings, founded in 1919, produces specialty forgings from difficult-to-forge metals. The business manufactures both ferrous ferrous (fĕr`əs), iron in the +2 valence state. Containing or having to do with iron. The difference between ferrous and ferric is the number of valence electrons they contain (ferrous contains two and ferric contains three), which and nonferrous forgings, including aluminum, titanium and high-temperature nickel superalloy su·per·al·loy n. Any of several complex temperature-resistant alloys. components. Its products serve the aerospace, transportation, chemical processing, semiconductor and nuclear industries. "Wyman-Gordon Forgings continues to increase its capabilities to meet a broader spectrum of its current customers' requirements and to extend its reach into broader markets," said PCC Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. William C. McCormick. PCC manufactures complex metal components and products including large, complex structural investment castings, airfoil castings and forged components used in jet aircraft engines. In addition, PCC has expanded into the industrial gas turbine, fluid management, industrial metalworking tools and machines, pulp and paper, advanced metalforming technologies, tungsten carbide tungsten carbide n. An extremely hard, fine gray powder whose composition is WC, used in tools, dies, wear-resistant machine parts, and abrasives. , airframe components, and other metal products markets. |
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