Precision Castparts Corp. is planning to establish "a concept research and development integration center and a manufacturing innovation center," according to JobsOhio, private corporation that promotes job creation and new capital investment in the state. The $128-million total investment will cover two installations on 31 acres in Mason, OH, near Cincinnati.
The first installation will be a "concept research and development integration center" for the PCC aerostructures division; the second will be a manufacturing innovation center for the SPS Technologies business, which produces aerospace fasteners..
The new campus is expected to have 190 employees, within a larger development near other aerospace businesses.
Precision Castparts produces complex metal components for aerospace and energy markets, with three divisions focused on forgings, investment castings, and fasteners and airframes. Its forging subsidiaries include Wyman-Gordon, PCC Energy Group, Titanium Metals Corp. (TIMET), and Special Metals Corp. (SMC.) The airframe products subsidiaries include PCC Fasteners and PCC Aerostructures.
“It was really important for us to test this new integration model in an environment where we were in close proximity to vendors and diverse engineering firms, which strengthen the talent pool,” stated Mark Gancevich, vice president of Technology & Innovation for PCC Aerostructures.
The State of Ohio, JobsOhio, and Mason City Council each approved incentive packages for the new PCC campus.