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Precision Castparts acquires two more companies

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Monday, May 21, 2012

Portland-based Precision Castparts announced it will acquire two more companies, the latest in a recent string of acquisitions.

Precision, which makes complex metal components for the aerospace and energy industries, announced two Sundays ago it was acquiring Centra Industries, a Canadian aerostructures manufacturer. Now Precision is buying two California companies: Dickson Testing Co., of South Gate, and Aerocraft Heat Treating Co., of Paramount.

Flush with cash, Precision continues a buying spree that fills in links of the aerospace supply chain as the company makes parts for the Boeing 787 Dreamliner and many other aircraft. As usual, the prices of the latest acquisitions were undisclosed.

Read more at OregonLive.com.

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