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  "documentTitle": "Arconic Inc. (ARNC)",
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  "authorName": "Elliott",
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  "notes": "Uses a quote from ATI's CFO to validate the growth trajectory of the competitor.",
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      "kind": "callout",
      "text": "If EPS is not gaining on PCC, and is not gaining on Ladish...",
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      "text": "EPS Organic Growth Rate 2015 to 2019 = 2.6%",
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      "text": "Ladish Organic Growth Rate 2015 to 2020 = 14.5%",
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      "text": "Ladish, part of ATI, is a competitor to Arconic EPS and PCC in forgings (and, to a lesser extent, castings)",
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      "text": "So, between the new jet engine, development on both forgings and castings, we're going to grow this business to $1 billion in revenue by the end of the decade...",
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      "text": "\"So, between the new jet engine, development on both forgings and castings, we're going to grow this business to $1 billion in revenue by the end of the decade. A lot of that is based on projections of the build rates, a lot of that is secured already in LTAs, and we're very confident that we're going to hit that target. We'll see a nice step-up in revenue this year, in 2016, over this number from 2015, and then growth from there through the balance of the decade.\" — Pat DeCourcy, ATI Senior Vice President and CFO, June 9, 2016",
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      "text": "Share Gain Story is False: It Is Not Just PCC, Arconic EPS to Lag Ladish As Well",
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