About Precision Castparts Corp
Precision Castparts Corp is a company based in Portland (United States) founded in 1949 by Joseph Buford Cox was acquired by Berkshire Hathaway in August 2015.. Precision Castparts Corp has raised $39.19 million across 1 funding round from investors including Berkshire Hathaway. Precision Castparts Corp has completed 16 acquisitions, including Atlantic Precision, Carlton Forge Works and CentraIndustriesInc.. Precision Castparts Corp offers products and services including Investment Cast Products and Forged Products.
- Headquarter Portland, United States
- Founders Joseph Buford Cox
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Precision Castparts Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.19 M (USD)
in 1 rounds
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Latest Funding Round
$39.19 M (USD), Series C
Dec 31, 2016
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Atlantic Precision
& 15 more
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Acquired by
Berkshire Hathaway
(Aug 10, 2015)
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Products & Services of Precision Castparts Corp
Precision Castparts Corp offers a comprehensive portfolio of products and services, including Investment Cast Products and Forged Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-quality, complex investment castings are produced for aerospace and industrial uses.
Complex forgings and high-performance alloys are manufactured for power generation and oil and gas applications.
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Software Development Team
33 people
Human Resources and Administration
23 people
Leadership Team
15 people
General Team
10 people
Product Management Team
10 people
Sales and Marketing
6 people
Operations Team
4 people
Legal and Compliance
3 people
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Funding Insights of Precision Castparts Corp
Precision Castparts Corp has successfully raised a total of $39.19M through 1 strategic funding round. The most recent funding activity was a Series C round of $39.19 million completed in December 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $39.2M
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First Round
First Round
(31 Dec 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series C - Precision Castparts Corp | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Precision Castparts Corp
Precision Castparts Corp has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Berkshire Hathaway. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of multinational conglomerate services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Precision Castparts Corp
Precision Castparts Corp has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include Atlantic Precision, Carlton Forge Works and CentraIndustriesInc.. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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vertically integrated tier II supplier of metallic and composite parts, kits, and assemblies to the global aerospace industry
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2003 | ||||
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Integrated tail supply chain solutions are managed for low-value components.
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1997 | ||||
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Global distribution of metal alloys is managed by the company.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Precision Castparts Corp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Precision Castparts Corp Comparisons
Competitors of Precision Castparts Corp
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Precision Castparts Corp
When was Precision Castparts Corp founded?
Precision Castparts Corp was founded in 1949 and raised its 1st funding round 67 years after it was founded.
Where is Precision Castparts Corp located?
Precision Castparts Corp is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Who is the current CEO of Precision Castparts Corp?
Mark Donegan is the current CEO of Precision Castparts Corp.
Is Precision Castparts Corp a funded company?
Precision Castparts Corp is a funded company, having raised a total of $39.19M across 1 funding round to date. The company's 1st funding round was a Series C of $39.19M, raised on Dec 31, 2016.
What does Precision Castparts Corp do?
Manufacturer of complex metal components and products for aerospace, power, and industrial markets. It produces investment castings, forgings, and metal products. These include structural castings, airfoil castings, forged components, aerostructures, and fasteners for aerospace applications. The company also manufactures extruded seamless pipe, fittings, and forgings for power generation and oil gas applications. Additionally, it supplies metal alloys and materials to the casting and forging industries. The manufacturing process emphasizes cost reduction and improved performance.
What products or services does Precision Castparts Corp offer?
Precision Castparts Corp offers Investment Cast Products and Forged Products.
How many acquisitions has Precision Castparts Corp made?
Precision Castparts Corp has made 16 acquisitions, including Atlantic Precision, Carlton Forge Works, and CentraIndustriesInc..
Who are Precision Castparts Corp's investors?
Precision Castparts Corp has 1 investor. Key investors include Berkshire Hathaway.