Presto Casting Company is a wholly-owned division of the Magellan Aerospace Corporation, which is a worldwide supplier of technologically advanced aerospace systems and components. The company, along with Haley Industries, produces sand castings for most North American aerospace programs and many in Europe. It offers various parts, including engine inlet cases, accessory gearbox housings, helicopter main transmissions, compressor inlet, pump, generator and constant speed drive housings. Presto Casting Company and Haley Industries both have fully integrated production capabilities, such as metal alloying, heat treatment, non-destructive testing, chemical analysis and dimensional inspection. The company was co-founded in 1965 by Mel Borovay, Jim Herman and Earl Brocious and is now one of the world s leading light alloy aerospace foundries, which is located in Phoenix. Its parent company, Magellan Aerospace Corporation, is a leading global supplier of technologically advanced aerospace systems and components. It is one of the most integrated and comprehensive aerospace industry suppliers in the world, as it designs, engineers and manufactures a wide range of aeroengine and aerostructure components for aerospace markets, advanced products for the military and space markets and complimentary proprietary products for the power, oil and gas markets.