Need Help? (888) 742-5060

In The News:

Precision Castparts Sales Up 6.8% in 1Q

Diversified manufacturer Precision Castparts Corp. (NYSE: PCP), Portland, OR, reported sales for the fiscal first quarter ended June 29 of $2.5 billion, up 6.8 percent year-over-year. Organic sales increased 4 percent. Profit increased 14.2 percent to $484 million.

“Commercial aerospace activity is and will continue to be the single biggest driver of our growth in fiscal 2015,” said CEO Mark Donegan. “We also saw solid upward shifts in orders from our customers in power markets.”

Investment cast products sales increased by 1 percent in the first quarter to $625 million. Forged products sales were $1.1 billion, up 2.9 percent year-over-year. Airframe products sales increased 18 percent to $807 million.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center