Metal parts manufacturer Precision Castparts Corp. (NYSE: PCP), acquired aersospace parts maker Noranco Inc. from MidOcean Partners and PSP Investments in a deal valued at $560 million in cash.

Toronto-based Noranco makes fabricated metal parts for engines, landing gear and other airplane parts.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.