The Economy

Apple, Precision Castparts Post Gains in Early Trading

June 6, 2011

Apple creating buzz as it prepares to unveil Lion, iCloud.

Apple, Precision Castparts and NewMarket were among the companies in the 2010 IndustryWeek 50 Best Manufacturing Companies stock index posting the biggest gains in early trading today.

As of 9:45 a.m. EST, shares of Apple Inc. were up $2.62 to $346.06, amid buzz being created by anticipated new-product announcements at the company's annual conference for software developers.

Apple ranks No. 3 on the 2010 IW 50 Best Manufacturing Companies list, published annually in IndustryWeek.

Shares of NewMarket Corp., a Richmond, Va.-based chemical manufacturer (No. 20 on the IW 50 list), were up $2.58 to $165.25 in early trading.

Shares of Precision Castparts Corp., a Portland, Ore.-based manufacturer of metal components and products (No. 20 on the IW 50), were up $1.95 to $155.09.

See Also:

"Apple Poised to Introduce iCloud"

About the Author

Josh Cable | Former Senior Editor

Former Senior Editor Josh Cable covered innovation issues -- including trends and best practices in R&D, process improvement and product development. He also reported on the best practices of the most successful companies and executives in the world of transportation manufacturing, which encompasses the aerospace, automotive, rail and shipbuilding sectors.

Josh also led the IndustryWeek Manufacturing Hall of Fame, IW’s annual tribute to the most influential executives and thought leaders in U.S. manufacturing history.

Before joining IndustryWeek, Josh was the editor-in-chief of Penton Media’s Government Product News and Government Procurement. He also was an award-winning beat reporter for several small newspapers in Northeast Ohio.

Josh received his BFA in creative writing from Bowling Green University, and continued his professional development through course-work at Ohio University and Cuyahoga Community College.

A lifelong resident of the Buckeye State, Josh currently lives in the Tremont neighborhood of Cleveland. When the weather cooperates, you’ll find him riding his bike to work, exercising his green thumb in the backyard or playing ultimate Frisbee.