| Business Summary | | Precision
Castparts
Corp.
is
a
manufacturer
of
complex
metal
components
and
products,
involved
in
manufacturing
large,
complex
structural
investment
castings,
and
is
a
manufacturer
of
airfoil
investment
castings
used
in
jet
aircraft
engines.
The
Company
has
expanded
into
the
power
generation,
structural
airframe,
fluid
management,
industrial
metalworking
tools
and
machines
and
other
metal
products
markets.
Wyman-Gordon
Company,
which
the
Company
acquired
in
November
1999,
is
one
of
the
market
leaders
in
high-quality,
technologically
advanced
forgings
for
aircraft
engines
and
a
manufacturer
of
investment
castings
for
the
aerospace
industry
and
forgings
for
the
power
generation
and
oil
&
gas
and
other
energy
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Precision
Castparts
manufactures
complex
structural
investment
castings
and
airfoil
castings
used
in
jet
aircraft
engines,
as
well
as
products
for
the
gas
turbine,
airframe,
fluid
management,
industrial
metalworking
tools
and
machines
product
markets.
For
the
13
weeks
ended
7/1/01,
net
sales
rose
16%
to
$638.8
million.
Net
income
rose
43%
to
$40.5
million.
Results
benefitted
from
strong
growth
in
the
Power
Generation
and
Aerospace
markets. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| William McCormick, 67 Chairman,
CEO | $2.2M | $4.0M | Mark Donegan, 44 Pres,
COO, Director | 1.2M | 1.6M | William Larsson, 56 CFO,
Sr. VP | 844K | 1.9M | Greg Delaney, 46 Exec.
VP and Pres - PCC Specialty Products, Inc. | -- | -- | Willy Verbrugghe, 50 Exec.
VP and Pres--PCC Flow Technologies | -- | -- | Dollar
amounts are as of 1-Apr-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|