Precision Castparts Corp. Closed Primus Acquisition

PORTLAND, Ore., Aug. 9, 2011 (GLOBE NEWSWIRE) — Precision Castparts Corp. (NYSE:PCP) has completed its acquisition of Primus International, a leading supplier of complex components and assemblies to the global aerospace industry, including swaged rods, advanced composites, and machined aluminum and titanium components.

Precision Castparts Corp. is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, and forged components used in jet aircraft engines and industrial gas turbines. The Company is also a leading producer of highly engineered, critical fasteners for aerospace and other general industrial markets, and supplies metal alloys and other materials to the casting and forging industries.