|20:18 EDT||PCP||Precision Castparts acquires Texas Honing|
Precision Castparts has agreed to acquire Texas Honing, THI. THI provides precision, tight tolerance pipe processing services, including honing, boring, straightening, and turning. The company's products are used in oil & gas drilling, completion, and production applications, as well as other commercial markets. The company operates three facilities in the Houston, Texas, area and employs more than 200 people.