PORTLAND, Ore., May 5, 2003 (PRIMEZONE) -- Mark Donegan, president and chief executive officer of Precision Castparts Corp. (NYSE:PCP), will present an overview of business operations and the impact of current economic conditions on these operations at the Credit Suisse First Boston Aerospace & Defense Finance Conference in New York on Wednesday, May 7, 2003, at 8:30 a.m. EDT.
This presentation, which may include some information not previously released in a public forum, will be webcast live at http://customer.nvglb.com/MCGR003/050503a_bydefault.asp?entity=precision and will be available at the Company's website: www.precast.com.
Precision Castparts Corp. is a worldwide manufacturer of complex metal components and products. PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, and forged components used in jet aircraft engines. In addition, PCC manufactures products for the industrial gas turbine, fluid management, industrial metalworking tools and machines, pulp and paper, advanced metalforming technologies, airframe components, and other metal products markets.
Information included within this press release describing the projected growth and future results and events constitutes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results in future periods may differ materially from the forward-looking statements because of a number of risks and uncertainties, including but not limited to fluctuations in the aerospace, power generation, fluid management, pulp and paper, and other general industrial cycles; the relative success of the Company's entry into new markets; competitive pricing; the financial viability of the Company's significant customers; the availability and cost of energy, materials, supplies, insurance, and pension benefits; equipment failures; relations with the Company's employees; the Company's ability to manage its operating costs and to integrate acquired businesses in an effective manner; governmental regulations and environmental matters; risks associated with international operations and world economies; the relative stability of certain foreign currencies; and implementation of new technologies and process improvement. Any forward-looking statements should be considered in light of these factors. The Company undertakes no obligation to publicly release any forward-looking information to reflect anticipated or unanticipated events or circumstances after the date of this document.
Precision Castparts Corp.'s press releases are available on the Internet at the PrimeZone Media Network's website -- www.primezone.com or PCC's home page at http://www.precast.com.