SXP-Tunica part of Buffet takeover

Warren Buffet’s Precision Castparts, a division of Berkshire Hathaway, will buy the German company Willhelm Schulz GmbH, a maker of components for pipes, according to media sources. Mark Donegan, CEO of Precision Castparts, spoke in vague terms about the specifics of the deal, but did confirm that it would involve a takeover. Berkshire bought Precision Castparts in 2016. Schulz manufacturers high performance pipes used primarily in the oil and gas industry, with additional services for the aerospace business and other heavy industry interests. (Source: Investopedia 01/23/17) Central Mississippi Note: Schulz Xtruded Products in Tunica, Miss., specializes in a complete range of seamless stainless pipes, nickel-based and alloy pipes, metallurgically-bonded, seamless clad pipes - known as SX-Clad - and extruded shapes/profiles for aerospace applications. Clients range from oil and gas companies, power and nuclear power plants, water treatment centers, chemical and petrochemical companies and aerospace companies.