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Re: Stanner post# 45735

Monday, 10/05/2015 2:38:04 PM

Monday, October 05, 2015 2:38:04 PM

Post# of 109742
doesn't look like they are NAVAIR approved... I can't belive buffet bought them. but they are pretty similar to tpac... 1 ish manufacturing facility vs 157 facilities, 7 ish employees vs 29350 , $0 revenue vs 10 Billion...very close companies can't belive Warren isn't all over TPAC.


http://www.usatoday.com/story/money/2015/08/10/warren-buffett-buys-aerospace-firm-37b/31399535/


The company has about 29,350 employees at 157 manufacturing facilities. It derives about 72% of its revenue from aerospace business, with 15% coming from the energy industry and 13% coming from general industrial customers and other industries.

Precision Castparts had $10 billion in revenue in its 2015 fiscal year with $1.5 billion in net income from continuing operations.

The global manufacturer makes castings, forged components, aerostructures and fasteners for the aerospace market. It also produces pipe and fittings for the power business and many other parts.

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