Companies

Buffett’s big bet on US manufacturing

Name: Buffett’s big bet on US manufacturing
Uploaded: 2015-08-10T14:11:46.238Z
Duration: 2 min 52 s
Channel: Financial Times
Description: Lex on why Berkshire Hathaway has bought Precision Castparts

Berkshire Hathaway is buying Precision Castparts for $32bn, a bet by Warren Buffett on US manufacturing. Lex’s Oliver Ralph and Sujeet Indap discuss what Mr Buffett sees in the Oregon-based engineering company and how he’ll pay for his biggest purchase yet.

August 10, 2015

Filmed by Nicola Stansfield and Petros Gioumpasis. Produced by Darryl Thomson.