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Tag: precision
Buffett bets Precision can deliver long-term as aircraft sales grow
2015-08-11 18:23:26| IT Services - Topix.net
HOUSTON: Warren Buffett's US$32.3 billion deal for Precision Castparts Corp shows his willingness to overlook repeated operational stumbles at the company to place a long-term bet on the growth of global air travel. Buffett usually seeks out companies with strong leadership and earnings metrics.
Tags: sales
grow
deliver
precision
Precision Instruments automate shaft and microscopy measurements.
2015-08-11 14:31:07| Industrial Newsroom - All News for Today
Providing automatic measurement of shafts and turned parts directly on shop floor, MarShaft™ SCOPE 250 optical shaft measurement system plus features matrix camera with 4 million pixels and measures parts up to 250 mm long and 40 mm dia. MPE (Maximum Permissible Error) is <1.5 microns + L/40 for diameter and 3 microns + L/125 for length. Also available, MarVision QM 300 video measuring microscope features automatic image processing and measures/dimensions geometric elements.
Tags: instruments
measurements
precision
shaft
Buffett pays high price for Precision Castparts
2015-08-11 10:30:40| Food - Topix.net
Warren Buffett is paying a hefty price for the biggest bet of his career as his Berkshire Hathaway Inc. has agreed to buy Precision Castparts Corp., valuing the maker of aerospace and other parts at $32.3 billion. The purchase is Berkshire's largest, and it accelerates its transformation from a company largely dependent on insurance businesses into one resembling the broader U.S. economy, including a railroad, several industrial companies, utilities, a car dealership and consumer goods businesses.
Tags: price
high
pays
precision
Portland aerospace giant Precision Castparts sold to Warren Buffett's company for $37B
2015-08-11 10:23:12| Footwear - Topix.net
The boards of both Precision and Berkshire Hathaway Inc. unanimously approved the deal for $235 per share in cash. The transaction comes in at $37.2 billion, a figure that includes $5.2 billion in Precision's debt.
Tags: company
sold
giant
portland
Berkshire Hathaway buying Precision Castparts for about $32B
2015-08-11 05:55:03| Industrial Machines - Topix.net
The announcement ended a weekend of speculation that a deal was in the works between the legendary investor and the maker of components for aircraft, power plants and other industrial uses. Berkshire will pay $235 per share in cash for Precision Castparts' outstanding stock.
Tags: buying
precision
berkshire
hathaway
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