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 ...


"PRECISION TO BUY SMALL CALIFORNIA MANUFACTURER" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.