Precision Castparts Corp. of Portland, Ore., said it agreed to buy Astro Punch Corp., Santa Fe Springs, Calif., for $6.5 million. Astro Punch, a designer and manufacturer of cold heading tools for the aerospace and commercial fastener market, will become part of Precision Castparts's Speciality Products Division. John Prosser, president of PCC Specialty Products, Inc., said SPD's Reed-Pico business and Astro Punch "are currently strong in different geographical locations, and we will ...
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