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PCC and Alstom Sign $400 Million Supply Contract.


Two operating units of Precision Castparts Corp. (PCC PCC prothrombin complex concentrate. ), Portland, Oregon, have been awarded a contract for casting and machining components for power generation and industrial gas turbines for Switzerland-based Alstom, Ltd., and London-based Alstom Power UK, Ltd. The contract is valued at $400 million.

The casting will be performed at four PCC locations: PCC Airfoils, Mentor and Minerva, Ohio; PCC Structurals, Portland, Oregon; and PCC Airfoils' AETC AETC Air Education & Training Command (US Air Force)
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, Ltd., operation, Leeds, England. The machining will be done at AETC, Leicester, England.

"This exciting growth opportunity is further evidence that our strategic decision in the early 1990s to enter the IGT IGT impaired glucose tolerance.  (industrial gas turbine) market in order to mitigate our reliance on aerospace is, in fact, working," said William C. McCormick, 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. .

PCC manufactures investment castings for aircraft engines, airframes and gas turbines.
COPYRIGHT 2001 American Foundry Society, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Precision Castparts Corp. gets gas turbine contract
Comment:PCC and Alstom Sign $400 Million Supply Contract.(Precision Castparts Corp. gets gas turbine contract)
Publication:Modern Casting
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2001
Words:134
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