Verified Nov 2026
Metal Fabrication
·
Lake Oswego, Oregon
·
Since 1953
Precision Castparts is a metal fabrication company headquartered in Lake Oswego, Oregon, United States, founded in 1953. It employs between 10,000 and 50,000 people and reports revenue of $10 billion or more, with the revenue figure being an estimate. The company is privately held and serves the automotive, electric vehicle, medical, military and defense, plumbing hardware, and industrial equipment industries. Its web-listed products include castings and forgings in aluminum and steel, and in March 2026 it acquired UK aerospace and defence engineering company Morvern Group, according to mainsights.io.
Precision Castparts at a glance
Revenue
$10B+
Est. band
Employees
10,000-50,000
Founded
1953
Headquarters
Lake Oswego, Oregon
Industries
Automotive
Electric Vehicles
Medical
Military & Defense
Plumbing & Hardware
Industrial Equipment
Overview
Precision Castparts is a metal fabrication company headquartered in Lake Oswego, Oregon, United States, founded in 1953. It employs between 10,000 and 50,000 people and reports revenue of $10 billion or more, with the revenue figure being an estimate. The company is privately held and serves the automotive, electric vehicle, medical, military and defense, plumbing hardware, and industrial equipment industries. Its web-listed products include castings and forgings in aluminum and steel, and in March 2026 it acquired UK aerospace and defence engineering company Morvern Group, according to mainsights.io.
At a glance
Attribute | Detail |
|---|---|
Founded | 1953 |
Headquarters | Lake Oswego, Oregon |
Employees | 10,000-50,000 |
Revenue | $10B+ (estimated) |
Primary capability | Metal Fabrication |
What Precision Castparts makes
The company lists casting, forging, and assembly among its products, with aluminum and steel listed as materials, and no certifications are recorded in the record.
Products and capabilities described on the company's own site include Casting, Forging, Forged, Casting And Forging, LED, Aluminum, Steel, Valve, Assembly, Seal (source: precast.com).
Known customers
The counterparties below come from public sources that state the relationship directly. A shared counterparty does not by itself establish a current buying relationship unless the source says so:
Boeing — reported by precast.com
Latest developments
2026-04-15 — Precision Castparts posts double-digit growth as aerospace investment casting rebounds | 22metals (22metals.com)
2026-03-05 — US-based metal fabrication firm Precision Castparts acquires UK aerospace and defence engineering company Morvern Group (mainsights.io)
Company details
Boeing is recorded as a reported customer, and the company is not publicly listed, with an estimated revenue band of $10 billion or more. Precision Castparts was founded in 1953, has an estimated 10,000-50,000 employees, and is headquartered in Lake Oswego, Oregon.
Frequently asked questions
What does Precision Castparts make?
Precision Castparts is a metal fabrication company headquartered in Lake Oswego, Oregon, United States, founded in 1953. It employs between 10,000 and 50,000 people and reports revenue of $10 billion or more, with the revenue figure being an estimate. The company is privately held and serves the automotive, electric vehicle, medical, military and defense, plumbing hardware, and industrial equipment industries. Its web-listed products include castings and forgings in aluminum and steel, and in March 2026 it acquired UK aerospace and defence engineering company Morvern Group, according to mainsights.io.
Where is Precision Castparts headquartered?
Precision Castparts is headquartered in Lake Oswego, Oregon (5885 Meadows Road, Lake Oswego, Oregon, 97035).
When was Precision Castparts founded?
Precision Castparts was founded in 1953.
How big is Precision Castparts?
Precision Castparts has an estimated 10,000-50,000 employees, with revenue in the $10B+ range (estimated).
Who are Precision Castparts's customers?
Public sources directly reference Boeing as a counterparty of Precision Castparts. Confirm current programs with the company, as reported relationships may change.
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Last verified Nov 2026. Is this your company? Request a correction.
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