Ametek

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AMETEK, Inc.
Public
Traded as NYSEAME
S&P 500 Component
Industry Manufacturer
Founded 1930; 88 years ago (1930) (as American Machine and Metals)
Headquarters Berwyn, Pennsylvania, U.S.
Area served
Worldwide
Key people
David A. Zapico
(Chairman and CEO)
William J. Burke
(CFO)
Products Electronic instruments
Electromechanical devices
Revenue Increase US$ 4.30 billion (2017)
Increase US$ 936.9 million (2017)
Increase US$ 606.0 million (2017)
Total assets Increase US$ 7.8 billion (2017)
Total equity Increase US$ 4.03 billion (2017)
Number of employees
~17,000 (2017)
Website www.ametek.com
Footnotes / references
[1]

AMETEK, Inc. is an American global manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 220 manufacturing sites worldwide.[2]

The company was founded in 1930, the company's original name, American Machine and Metals, was changed to AMETEK in the early 1960s, reflecting AME's evolution from a provider of heavy machinery to a manufacturer of analytical instruments, precision components and specialty materials.[3]

The firm now consists of two major groups (the Electronic Instruments Group and the Electromechanical Group).[4] Together, these two groups and their divisions combine a total of over 100 brands, including analytical instruments, monitoring, testing and calibration devices as well as electrical motors, pumps and interconnects,[5] the company's headquarters are in Berwyn, Pennsylvania.

AMETEK is listed on the New York Stock Exchange, its common stock is a component of the S&P 500 index and the Russell 1000 index

Acquisition History[edit]

Acquisition Date Company Name Business
Jan 12, 1998 Rotron Inc. Motors, fans and blowers for aerospace
May 3, 1999 Gulton-Statham High-accuracy electronic pressure transmitters and transducers
Aug 2, 1999 Patriot Sensors & Controls Corp. Position sensors, aviation sensors and tank-level gauges
Dec 3, 1999 Drexelbrook Engineering Point and continuous level measurement
May 21, 2001 GS Electric Universal and permanent magnet motors
Jul 9, 2001 Edax Inc. Analytic instrumentation
Mar 5, 2003 Solidstate Controls Inc. Uninterruptable power supply systems
Sep 8, 2003 Chandler Engineering and Grabner Instruments Instruments for drilling, production enhancement, test instruments for analyzing fuels
Jun 21, 2004 Taylor Hobson Holdings Ltd Ultra-precision measurement instrumentation
Jul 19, 2004 Hughes-Treitler Manufacturing Corp. Heat exchangers and thermal management subsystems
Jun 14, 2005 Spectro Beteiligungs (Spectro Analytical Instruments GmbH & Co) Atomic spectroscopic instrumentation
Jun 21, 2005 Xtreme Energy Patented technology for brushless DC micro-motors
Sep 7, 2005 Quizix Inc. Precision pumping systems
Sep 26, 2005 Solartron Analytical instruments
Oct 10, 2005 HCC Industries Highly engineered hermetic connectors
Feb 16, 2006 Pulsar Technologies Inc Specialized communications equipments
May 15, 2006 PennEngineering Motion Technologies Motion-technology
Jun 15, 2006 Land Instruments International Infrared temperature-measurement & Combustion-efficiency and emissions-monitoring
Sep 28, 2006 General Ceramics Hermetic microelectronic packages
Nov 6, 2006 Precitech Ultra-precision machining systems
Jun 5, 2007 Advanced Industries Inc. Starter generators
Jun 5, 2007 B&S Aircraft Parts & Accessories Jet overhaul services
Jun 20, 2007 Hamilton Precision Metals Inc. Precision metal strip
Aug 13, 2007 Cameca SAS Electron probe microanalysis instrumentation and Low-energy X-ray emission spectrometry
Dec 14, 2007 California Instruments Programmable power
Feb 11, 2008 Newage Testing Testing equipments
Feb 21, 2008 Drake Air Heat-transfer repair services
Feb 26, 2008 Motion Control Group Customized motors and motion control products
Apr 14, 2008 Reading Alloys Niche specialty metals
Jun 12, 2008 Vision Research High-speed digital imaging systems
Aug 25, 2008 Xantrex Technology Inc. Programmable power
Nov 3, 2008 Muirhead Aerospace Aerospace and defense
Jan 20, 2009 High Standard Aviation Electrical/electromechanical, hydraulic and pneumatic repair services
Sep 28, 2009 Unispec Marketing Pvt. Ltd. Affiliated businesses
Sep 28, 2009 Thelsha Technical Services Pvt. Ltd Affiliated businesses
Jan 26, 2010 Sterling Ultra Precision Machine tools for the ophthalmic lens
April 8, 2010 Imago Scientific Instruments 3D atom probes
June 1, 2010 Technical Services for Electronics Engineered interconnect solutions
July 1, 2010 Haydon Enterprises High-precision motion control products
Aug 19, 2010 American Reliance's Power Division Direct current power supplies and electronic loads
Nov 9, 2010 Atlas Material Testing Technology Weathering test instruments
April 28, 2011 Avicenna Technology, Inc Medical device industry
May 9, 2011 Coining Holding Company Metal preforms, microstampings and bonding wire solutions
Oct 17, 2011 Reichert Technologies Eye care
Oct 25, 2011 EM Test GmbH Electronic test and measurement equipment
Jan 3, 2012 Technical Manufacturing Corporation Vibration isolation systems and optical test benches
Jan 26, 2012 O'Brien Corporation Fluid and gas handling solutions
May 21, 2012 Dunkermotoren GmbH Advanced motion control solutions
Oct 23, 2012 Micro-Poise Measurement Systems Integrated test and measurement solutions for the tire industry
Dec 17, 2012 Aero Components International Aviation repair operations
Dec 17, 2012 Avtech Avionics and Instruments Aviation repair operations
Jan 2, 2013 Sunpower, Inc Stirling cycle cryocoolers and externally heated stirling engine technology
Jan 2, 2013 Crystal Engineering Pressure calibrators and digital test gauges
Aug 7, 2013 Controls Southeast, Inc. Custom-engineered Thermal Solutions
Oct 29, 2013 Creaform (3D) Leading Developer of Innovative Portable 3D Measurement Technologies
Dec 4, 2013 Powervar Power management systems and Uninterruptible Power Supply (UPS) systems
Jan 3, 2014 Teseq Group Test and measurement instrumentation for electromagnetic compatibility (EMC) testing
Feb 10, 2014 VTI Instruments High precision test and measurement instrumentation
June 20, 2014 Zygo Corporation Non-contact optical metrology
Aug. 5, 2014 AMPTEK, Inc. X-ray detectors using x-ray fluorescence (XRF)
Aug. 5, 2014 Luphos GmbH Non-contact metrology technology
May 8, 2015 Global Tubes Small-diameter precision tubing
July 7, 2015 Surface Inspection Systems Division, Cognex Corp. Vision systems for surface flaw and defect detection
Nov 1, 2016 Laserage Technology Corporation Laser Fabrication for Medical Device Market
Aug 4, 2016 Nu Instruments High-End Elemental Analysis
Aug 4, 2016 HS Foils Materials Analysis
Feb 5, 2016 Brookfield Engineering Laboratory Instrumentation
Feb 5, 2016 ESP/SurgeX Power Protection
Feb 7, 2017 Rauland-Borg Corporation Healthcare Communications Solutions
April 17, 2017 MOCON, Inc. Laboratory and field gas analysis instrumentation
December 19, 2017 Arizona Instrument Laboratory and field gas analysis instrumentation
January 19, 2018 FMH Aerospace Aerospace components
April 9, 2018 SoundCom Systems Communication Solutions Intergation

Subsidiaries[edit]

Creaform[edit]

Creaform is subsidiary of Ametek specializing in the manufacture of portable devices in metrology and 3D engineering,[6] it is based in Lévis, Quebec, Canada with satellite offices around the world. The company was founded in 2002 by Martin Lamontagne and two co-workers at Modelex,[7] it was initially funded with a $200,000 loan from the Business Development Bank of Canada.[7] Creaform was acquired by Ametek in 2013 for $120 million in cash,[8] at the time, Creaform had annual sales of $52 million.[8] In 2017, Creaform opened a new, $20 million, headquarters in Levis,[9] the new headquarters of 76,000 square feet is double the size of the old one, and will allow Creaform to triple its production.

References[edit]

  1. ^ . AMETEK, Inc. Inc. Annual Reports http://phx.corporate-ir.net/phoenix.zhtml?c=104638&p=irol-reportsannualtitle=AMETEK, Inc. Annual Reports Check |url= value (help).  Missing or empty |title= (help)
  2. ^ "Archived copy". Archived from the original on 2013-01-26. Retrieved 2013-01-29. 
  3. ^ http://www.fundinguniverse.com/company-histories/AMETEK-Inc-Company-History.html
  4. ^ "Profile: Ametek Inc (AME)". Reuters. 
  5. ^ "Archived copy". Archived from the original on 2013-02-01. Retrieved 2013-01-29. 
  6. ^ Firth, Niall (2007-02-26). "INSIGHT: Going steady". The Engineer. 
  7. ^ a b King, Mike (2006-10-18). "Creaform Founder Wins Award". The Montreal Gazette. 
  8. ^ a b Lamontagne, Kathryne. "Creaform achetée par Ametek pour 120 M$". Le Journal de Montréal (in French). Retrieved 2018-01-14. 
  9. ^ Couture, Pierre. "Un nouveau siège social de 20 M$ pour Creaform à Lévis". Le Journal de Québec (in French). Retrieved 2018-01-14. 

External links[edit]

An AMETEK USG Pressure Gauge Device, made by AMETEK's gauge division