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Scaled Technology Works Has a New Name

02 February 2001

Scaled Technology Works, a subsidiary of Precision Castparts Corp., has changed its name to STW Composites, Inc. "This change was primarily motivated to emphasize to the marketplace our focus on composites," said Bill Wailes, president of STW Composites. "With the full support of our parent company, STW Composites is postured for continued growth in our target industries of general aviation, commercial, and military aircraft and space structures." "STW Composites' new name gives this business one more way to differentiate itself in the marketplace, although the excellence of its designs and the cost-competitiveness of its products provide the most significant differentiation" said William C. McCormick, chairman and chief executive officer of Precision Castparts Corp. "STW Composites adds yet another element to PCC's well-established leadership in complex aerospace structures." STW Composites of Montrose, Colorado, designs, certifies, produces and delivers fully integrated composite structural components, major assemblies and complete general aviation aircraft.