Last Updated
In the Matter of Precision Castparts Corp. and Wyman-Gordon Company
FTC Matter/File Number
9910240
Docket Number
C-3904
Enforcement Type
Part 2 Consents
Case Summary
A final order requires the divestiture of large titanium stainless steel and large nickel-based superalloy production assets (structural cast metals used in the manufacture of aerospace components) to settle antitrust concerns stemming from its acquisition of Wyrnan-Gordon Company. The order requires Precision Castparts to divest Wyman-Gordon's titanium foundry in Albany, Oregon and Wyman- Gordon's Large Cast Parts foundry in Groton, Connecticut.