The 2020 Mid-Year Economic Update_long

Precision Castparts to Be Acquired by Berkshire Hathaway

Company will continue to do business as Precision Castparts.

Diversified manufacturer Precision Castparts Corp. (NYSE: PCP), Portland, OR, has agreed to be acquired by Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B), Omaha, NE, for $32 billion.

Precision Castparts will continue to do business around the world under its current name and it will maintain its headquarters in Portland, OR.

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