Posted on October 5, 2016

Forged products precision castparts

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Forging Market in North America, Market Size, Share, Trends, Demand, Forecast 2015-2019

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Precision Castparts 101: An Overview for Merger Arbitrage

Precision Castparts manufactures complex metal components and products

  • seamless pipes for gas turbines and nuclear power plants
  • casing, pipe fittings, and various mill forms for oil and gas drillers
  • castings and forgings for general industrial applications
  • nickel and titanium alloys for the aerospace, chemical processing, oil and gas, pollution control, and other industries
  • fasteners for automotive markets and other applications

Precision Castparts operates in three principal business segments: Investment Cast Products, Forged Products, and Airframe Products.

Investment Cast Products

This segment manufactures investment castings for aircraft engines, industrial gas turbine engines, airframes, medical implants, armament, unmanned aerial vehicles, and other industrial applications. Investment Cast products accounted for about 25% of sales last year.

Forged Products

PCP is one of the leading manufacturers of forged components for the aerospace and power generation industries. Forged products accounted for about 43% of the company’s sales last year.

Airframe Products

This segment consists of fasteners, fastener systems, aero structures, and precision components, primarily for aerospace applications. It accounts for approximately 32% of the company’s sales.

Merger arbitrage resources



Gas Turbine Components

Typical closed-die products include forged compressor and turbine disks, shafts, and fan hubs for critical rotating applications. Through our Carlton Forge and Wyman-Gordon Pennsylvania operations, we also supply engine cases, liners, spools, spinners, seal rings, flanges, and shrouds.

PCC Forged Products also is the leading producer of nickel-based powders and isothermal forgings, which are used in the hot sections of many engines flying today.

Airframe, Landing Gear, and Nacelle Components

Wyman Gordon's 50,000-ton hydraulic press is the largest operating in North America and is capable of producing some of the largest monolithic forgings for aerospace and energy applications. A compatible 35,000-ton press provides redundant forging capability.

Key applications include legacy commercial aircraft programs like the A320, A330, A340, 737, and 777, as well as the newest aircraft programs such as the 787 and A350. The Group also supports major military programs, including the F/A-18, F-15, C-17, V-22, H-60, and F-35.  We also produce structural components for regional and business jets.

Extruded Pipe, Tubes & Fittings

High Performance Materials

TIMET is the world-leading supplier of titanium metal and alloys for a variety of end uses.  TIMET supplies diverse product forms, including ingot, bar, plate, sheet, strip and tubing.


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