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AMETEK

Company nameAMETEK, Inc.
Company typePublic
IndustryManufacturer
Founded1930
HeadquartersPaoli, Pennsylvania,
United States
Area servedWorldwide
Key peopleFrank S. Hermance
(Chairman) & (CEO)
ProductsElectronic instruments
Electromechanical devices
Revenue(+)US$2.10B (FY 2009)
Operating income(+)US$366M (FY 2009)
Net income(+)US$206M (FY 2009)
Total assets(+)US$3.25B (FY 2009)
Total equity(+)US$1.57B (FY 2009)
Employees11,300 (2008)

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AMETEK, Inc is a manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 80 manufacturing sites worldwide.

The company was founded in 1930 and has been listed since on the NYSE under the ticker symbol Nyse - AME. The company's original name, American Machine and Metals, was changed to AMETEK in the early 1960, reflecting AME's evolution from a provider of heavy machinery to a manufacturer of analytical instruments, precision components and specialty materials.

Ametek today consists of two major groups (the Electronic Instruments Group and the Electromechanical Group). Together, these two groups and their respective divisions combine a total of over 100 brands, including analytical instruments, monitoring, testing and calibration devices as well as electrical motors, pumps and interconnects. The company's headquarters are in Paoli, Pennsylvania.

During the 1980s, one Ametek group partnered with the California Institute of Technology to assemble hypercube topology computers. It is not known how many systems were delivered, but the market came to be dominated by Intel, NCUBE, and Floating Point Systems.

On April 11,2010, AMETEK, Inc. announced acquisition of Madison, Wisconsin based 3D atom probes manufacturer Imago Scientific Instruments.

On November 9, 2010, AMETEK, Inc. Acquired Chicago based provider of weathering test instruments and related testing and consulting services Atlas Material Testing Technology LLC, from Industrial Growth Partners for $159 million in cash.




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