Pacific Cast Technologies Inc., a wholly owned subsidiary of Ladish Company Inc., plans to build a new state-of-the-art VAR casting furnace at its
"Expanding our melting capability signals our continued strong commitment to serving our customers' rapidly increasing engine and airframe build rates," said PCT president Randy Turner. "We have every reason to believe today's booming aerospace market is sustainable for many years to come.
"This $5 million capital investment will double PCT's current foundry capacity while simultaneously increasing operating efficiencies utilizing the latest melting technologies available.”
Furnace completion and certification is scheduled for fourth quarter of 2008.
"PCT contributes significantly to the Ladish family of businesses," said Kerry L. Woody, president and CEO of Ladish. "This is just one more step in their plan for continued market penetration and growth, and we're confident this investment will benefit PCT's customers as well as Ladish's growth plan."
PCT supplies investment cast titanium parts for airframe, turbine engine and aerospace structural applications.
Ladish is a leading producer of highly engineered, technically advanced components for the jet engine, aerospace and general industrial markets. The company is headquartered in
