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Ametek

From Alfawiki
AMETEK, Inc.
Company typePublic
IndustryConglomerate
Founded1930; 96 years ago (1930) (originally American Machine and Metals)
HeadquartersBerwyn, Pennsylvania, U.S.
Area served
Worldwide
Key people
David A. Zapico
(Chairman and CEO)
ProductsElectronic instruments
Electromechanical equipment
RevenueIncrease Template:US$ (2024)
Increase US$1.78 billion (2024)
Increase US$1.38 billion (2024)
Total assetsDecrease US$14.6 billion (2024)
Total equityIncrease US$9.66 billion (2024)
Number of employees
21,500 (2024)
Websiteametek.com

AMETEK, Inc. is a U.S.-based global conglomerate specializing in electronic instrumentation and electromechanical products, headquartered in Berwyn, Pennsylvania with a presence spanning more than 220 locations worldwide.

Originally established in 1930 under the name American Machine and Metals, the firm adopted the AMETEK brand in the early 1960s to signify its transition from heavy machinery manufacturing to precision analytical instruments and specialty materials.

AMETEK has secured a strong foothold in the market, ranking as high as 402 on the Fortune 500 list and maintaining consistent inclusion on both the Fortune 1000 and Global 2000 rankings.

The company’s strategic focus is built upon four core areas: Operational Excellence emphasizing cost efficiency, Development of New Products, Expansion into International Markets, and Growth through Acquisitions.

Its operations are divided into two primary segments: the Electronic Instruments Group and the Electromechanical Group. These divisions oversee more than 100 distinct brands that provide analytical instrumentation, monitoring, testing and calibration devices, as well as electrical motors, pumps, and interconnect components.

AMETEK’s stock is publicly listed on the New York Stock Exchange under the symbol AME and is included in the S&P 500 and Russell 1000 indices.

Acquisition history

Records before 1999 are not comprehensive.

=Feb5 ,2020 =IntelliPower =Uninterruptible power system manufacturers =Mar29 ,2021 =Magnetrol International; Crank Software; EGS Automation =Flow measurement; digitally enabled devices; automation specialists =Apr29 ,2021 =Abaco Systems =Embedded computing solution providers; $1.35 billion acquisition =May4 ,2021 =NSI-MI Technologies =Radio frequency/microwave test & measurement solution providers =Dec1 ,2021 =Alphasense =Gas and particulate sensor developers =Nov1 ,2022 =Navitar; RTDS Technologies =Advanced optical component manufacturers; power simulation system suppliers =May2 ,2023 =Bison Gear & Engineering =Motion control solution providers =Sep6 ,2023 =United Electronic Industries =Data acquisition and control system suppliers =Oct31 ,2023 =Paragon Medical; Amplifier Research Corp =Manufacturers of highly engineered medical components; RF/microwave amplifiers & EMC testing equipment =Oct31 ,2024 =Virtek Vision International =Advanced laser-based projection and inspection system developers =Feb4 ,2025 =Kern Microtechnik =Providers of high-precision machining & optical inspection solutions
Acquisition Date Company Name Business Description
Jan 12, 1998 Rotron Inc. Manufacture of aerospace motors, fans, and blowers
May 3, 1999 Gulton-Statham Precision 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 solutions
May 21, 2001 GS Electric Universal and permanent magnet motor production
Jul 9, 2001 Edax Inc. Analytical instrumentation manufacturing
Mar 5, 2003 Solidstate Controls Inc. Uninterruptible power supply systems provider
Sep 8, 2003 Chandler Engineering and Grabner Instruments Instruments for drilling, production enhancement & fuel analysis
Jun 21, 2004 Taylor Hobson Holdings Ltd Ultra-precision measurement instrument manufacturer
Jul 19, 2004 Hughes-Treitler Manufacturing Corp. Heat exchangers and thermal management subsystem production
Jun 14, 2005 Spectro Beteiligungs (Spectro Analytical Instruments GmbH & Co) Atomic spectroscopy instrumentation supplier
Jun 21, 2005 Xtreme Energy "Brushless" DC micro-motor patented technology
Sep 7, 2005 Quizix Inc. Precision pumping system manufacturer
Sep 26, 2005 Solartron Analytical instrumentation provider
Oct 10, 2005 HCC Industries Manufacturer of hermetic connectors with complex engineering
Feb 16, 2006 Pulsar Technologies Inc. Specialized communications equipment supplier
May 15, 2006 PennEngineering Motion Technologies Producer of motion technology products
Jun 15, 2006 Land Instruments International Infrared temperature measurement & emissions monitoring solutions
Sep 28, 2006 General Ceramics Hermetic microelectronic packaging manufacturer
Nov 6, 2006 Precitech Ultra-precision machining system provider
Jun 5, 2007 Advanced Industries Inc. "Starter generators" supplier
Jun 5, 2007 B&S Aircraft Parts & Accessories Jet overhaul service provider
Jun 20, 2007 Hamilton Precision Metals Inc. Precision metal strip producer
Aug 13, 2007 Cameca SAS Electron probe microanalysis & X-ray emission spectroscopy instrumentation
Dec14 ,2007 California Instruments Programmable power solution manufacturer
Feb11 ,2008 Newage Testing Industrial testing equipment supplier
Feb21 ,2008 Drake Air Heat-transfer repair services provider
Feb26 ,2008 Motion Control Group Customized motor & motion control product manufacturer
Apr14 ,2008 Reading Alloys Specialty metals niche supplier
Jun12 ,2008 Vision Research Phantom High-speed digital imaging system manufacturer
Aug25 ,2008 Xantrex Technology Inc. Programmable power supply producer
Nov3 ,2008 Muirhead Aerospace Supplier of aerospace & defense components
Jan20 ,2009 High Standard Aviation Electrical/electromechanical repair services
=Sep28 ,2009 =Unispec Marketing Pvt. Ltd. & Thelsha Technical Services Pvt. Ltd. =Affiliated business entities in India
=Jan26 ,2010 =Sterling Ultra Precision =Machine tools for ophthalmic lens production
=April8 ,2010 =Imago Scientific Instruments =3D atom probe technology for materials analysis
=June1 ,2010 =Technical Services for Electronics =Engineered interconnect solution provider
=July1 ,2010 =Haydon Enterprises =High-precision motion control product manufacturer
=Aug19 ,2010 =American Reliance's Power Division =Direct current power supplies & electronic loads supplier
=Nov9 ,2010 =Atlas Material Testing Technology =Weathering test instrument manufacturer
=April28 ,2011 =Avicenna Technology =Instrumentation for medical device industry
=May9 ,2011 =Coining Holding Company =Metal preforms & bonding wire solutions provider
=Oct17 ,2011 =Reichert Technologies =Eye care instrument manufacturer
=Oct25 ,2011 =EM Test GmbH =Electronic test & measurement equipment supplier
=Jan3 ,2012 =Technical Manufacturing Corporation =Vibration isolation systems & optical test benches provider
=Jan26 ,2012 =O'Brien Corporation =Fluid & gas handling solution supplier
=May21 ,2012 =Dunkermotoren GmbH >Advanced motion control solution provider
=Oct23 ,2012 >Micro-Poise Measurement Systems >Integrated test & measurement solutions for tire industry
>Dec17 ,2012 >Aero Components International & Avtech Avionics >Aviation repair service providers
>Jan2 ,2013 >Sunpower Inc. >Stirling cycle cryocoolers & engine technology suppliers
>Jan2 ,2013 >Crystal Engineering >Pressure calibrators & digital test gauge manufacturers
>Aug7 ,2013 >Controls Southeast Inc. >Custom-engineered thermal management solutions
>Oct29 ,2013 >Creaform (3D) >Portable three-dimensional measurement technology providers
>Dec4 ,2013 >Powervar >Power management systems including UPS suppliers
>Jan3 ,2014 >Teseq Group >EMC test & measurement instrument manufacturers
>Feb10 ,2014 >VTI Instruments >High-precision test & measurement equipment suppliers
>June20 ,2014 >Zygo Corporation >Non-contact optical metrology technology providers
>Aug5 ,2014 >AMPTEK Inc. & Luphos GmbH >X-ray detector & non-contact metrology technology manufacturers
>May8 ,2015 >Global Tubes >Small-diameter precision tubing producers
>July7 ,2015 >Surface Inspection Systems Division (Cognex Corp.) >Vision systems for surface defect detection
>Nov1 ,2016 >Laserage Technology Corporation >Laser fabrication services for medical devices
>Aug4 ,2016 >Nu Instruments & HS Foils >Elemental analysis & materials characterization providers
>Feb5 ,2016 >Brookfield Engineering & ESP/SurgeX >Laboratory viscosity/rheology instruments & power protection suppliers
>Feb7 ,2017 >Rauland-Borg Corporation >Healthcare communication solution providers
>April17 ,2017 >MOCON Inc. >Laboratory/field gas analysis instrumentation suppliers
>Dec19 ,2017 >Arizona Instrument >Laboratory moisture analysis and toxic gas analyzer manufacturers
>Jan19 ,2018 >FMH Aerospace >Aerospace component manufacturers
>April9 ,2018 >SoundCom Systems >Communication solution integrators
>Nov1 ,2018 >Forza Silicon & Telular >Imaging sensor & communication solution providers
>Nov27 ,2018 Spectro Scientific Fluid analysis instrumentation manufacturers

=Sep4 ,2019 =Pacific Design Technologies =Thermal management solution providers

=Sep27 ,2019 =Gatan Inc. =Electron microscope instrumentation and software suppliers


Divisions

Abaco Systems

Provides ruggedized embedded electronic solutions catering to multiple sectors.

Aerospace & Defense

Supplies engines, avionics, and a range of aviation-related components.

Creaform

Creaform specializes in metrology and 3D engineering instruments designed for manufacturing floor use. Established in 2002 in Lévis, Quebec by Martin Lamontagne and partners, the company launched with a $200,000 loan from the Business Development Bank of Canada. By 2009, it had reached the milestone of selling its 1,000th laser scanner, with prices ranging from $50,000 to $100,000. Ametek acquired Creaform in 2013 for $120 million in cash, at which point the company reported annual revenues of $52 million. In 2017, Creaform invested $20 million to build a new 76,000-square-foot headquarters in Lévis, increasing its manufacturing output threefold.

Heavy Vehicle and OEM

Manufactures motors, blowers, pumps, and various parts for heavy-duty trucks and vehicles.

Materials Analysis and Imaging

Offers imaging solutions for television and film production as well as sophisticated analytical instruments such as ion mass spectrometers and electron probe microanalysis devices.

Rauland

Develops communication systems tailored for healthcare environments and educational institutions.

Oil & Gas / Power

Produces equipment for refinery and laboratory applications, including process analyzers, fuel analyzers, sample conditioning units, and heated tubing systems.