
Consolidated Precision Products Corp.
American manufacturer of highly engineered aerospace castings, one of the world's largest precision casting companies, headquartered in Cleveland, Ohio.
Company Type
private
Founded
1991
Headquarters
Cleveland, Ohio, United States
Employees
~6,600
Primary Market
Global
Consolidated Precision Products Corp. Timeline
About Consolidated Precision Products Corp.
What does Consolidated Precision Products make?
CPP manufactures investment and precision sand castings for aerospace, defense, and industrial gas turbines. Its products include single-crystal turbine blades and structural components for engine hot sections.
Is Consolidated Precision Products publicly traded?
No. CPP is privately held by Warburg Pincus and Berkshire Partners. It will become a GE Aerospace subsidiary when the pending acquisition closes.
Who founded Consolidated Precision Products?
The company was formed in 1991 as Consolidated Foundries, a roll-up of specialty casting operations, rather than by individual founders.
Where is CPP headquartered?
CPP is headquartered in Cleveland, Ohio, at 1621 Euclid Avenue.
Who owns Consolidated Precision Products?
Private equity firms Warburg Pincus and Berkshire Partners own the company. GE Aerospace agreed to acquire it for approximately $11.75 billion in September 2026.
Did GE Aerospace buy CPP?
GE Aerospace signed an agreement in September 2026 to acquire CPP for approximately $11.75 billion. The transaction was pending regulatory approval as of October 1, 2026.
History of Consolidated Precision Products Corp.
The company was founded in 1991 as a roll-up of specialty casting operations, originally known as Consolidated Foundries. It grew through its first two decades by acquiring foundries in California, Minnesota, and Massachusetts, building a national network rather than a single plant.
Private equity ownership arrived in stages. Warburg Pincus became a major investor, and Berkshire Partners joined as co-owner, consolidating the fragmented precision casting sector into one platform. Under PE ownership the company expanded into Mexico and Europe, adding facilities in Poland, Belgium, and Slovakia.
The company reached roughly 6,600 employees and more than 20 production sites by 2026. Its customer list reads like the engine industry itself: GE Aerospace, Pratt & Whitney, Rolls-Royce, and industrial gas turbine makers.
In September 2026, GE Aerospace agreed to acquire CPP for approximately $11.75 billion. The deal takes the company from private equity ownership into a strategic industrial parent, one of the largest vertical acquisitions in aerospace supplier history.
Brands Owned by Consolidated Precision Products Corp.
Consolidated Precision Products Corp. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
Consolidated Precision Products Corp.
private · Founded 1991 · Cleveland, Ohio, United States
1
brands
Consolidated Precision Products Corp. Ownership: Pros & Cons
Advantages
- +Sole-source positions on major engine programs create durable demand
- +GE Aerospace acquisition guarantees a parent with the largest engine backlog
- +Scale across 20-plus facilities is difficult for rivals to replicate
- +Single-crystal casting capability is a scarce industrial asset
Considerations
- -Post-acquisition, external customers may shift orders to competing foundries
- -Aerospace production cycles remain tied to Boeing and Airbus output
- -Capital intensity requires sustained investment regardless of ownership
- -PE-to-strategic transition carries integration risk
Frequently Asked Questions About Consolidated Precision Products Corp.
What does Consolidated Precision Products make?
CPP manufactures investment and precision sand castings for aerospace, defense, and industrial gas turbines. Its products include single-crystal turbine blades and structural components for engine hot sections.
Is Consolidated Precision Products publicly traded?
No. CPP is privately held by Warburg Pincus and Berkshire Partners. It will become a GE Aerospace subsidiary when the pending acquisition closes.
Who founded Consolidated Precision Products?
The company was formed in 1991 as Consolidated Foundries, a roll-up of specialty casting operations, rather than by individual founders.
Where is CPP headquartered?
CPP is headquartered in Cleveland, Ohio, at 1621 Euclid Avenue.
Who owns Consolidated Precision Products?
Private equity firms Warburg Pincus and Berkshire Partners own the company. GE Aerospace agreed to acquire it for approximately $11.75 billion in September 2026.
Did GE Aerospace buy CPP?
GE Aerospace signed an agreement in September 2026 to acquire CPP for approximately $11.75 billion. The transaction was pending regulatory approval as of October 1, 2026.








