Date Icon Aug 14, 2015 Category Icon in Press Release

Berkshire Hathaway Inc. Increase its Position in Aerospace

Berkshire Hathaway Inc., the parent company of Future Metals, a Marmon Distribution Services company, announced on Monday August 10th 2015 that it would buy aerospace components giant Precision Castparts (PCC) for $235 a share in cash, valuing it at $32.3 billion. PCC owns specialty metals producers TIMET and Special Metals Inc. adding to Berkshire’s impressive portfolio of specialty metals production and distribution companies.

http://www.wsj.com/articles/berkshire-hathaway-to-buy-precision-castparts-1439205293