Ametek
 | |
| Type | Public |
|---|---|
| NYSE: AME S&P 500 Component | |
| ISIN | US0311001004 |
| Industry | Manufacturer |
| Founded | 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 |  US$ 5.2 billion (2019) |
| US$ 1.2 billion (2019) | |
| US$ 861.3 million (2019) | |
| Total assets | US$ 9.8 billion (2019) |
| Total equity | US$ 5.1 billion (2019) |
Number of employees | 18,000[1] (2020) |
| Website | www |
| Footnotes / references [2] | |
AMETEK, Inc. is an American global manufacturer of electronic instruments and electromechanical devices with a headquarters in the United States and over 220 manufacturing sites worldwide.[3]
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.[4]
The firm has two operating groups (the Electronic Instruments Group and the Electromechanical Group).[5] Together, these groups and their divisions comprise over 100 brands, including analytical instruments, monitoring, testing and calibration devices as well as electrical motors, pumps and interconnects.[6] 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[]
History prior to 1999 is incomplete.
| Acquisition Date | Company Name | Business |
|---|---|---|
| Jan 12, 1998 | Aerospace motors, fans and blowers | |
| May 3, 1999 | 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 | 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 | Drilling, production enhancement, & fuels analysis instruments |
| 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 spectroscopy 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 equipment |
| 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 spectroscopy |
| Dec 14, 2007 | California Instruments | Programmable power |
| Feb 11, 2008 | Newage Testing | Testing equipment |
| 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) | 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 viscosity and rheology instruments |
| 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 moisture analysis and field toxic gas analyzers |
| January 19, 2018 | FMH Aerospace | Aerospace components |
| April 9, 2018 | SoundCom Systems | Communication solutions integration |
| September 27, 2019 | Gatan | Electron microscope instrumentation and software |
| February 5, 2020 | IntelliPower | Uninterruptible power systems |
Divisions[]
Creaform[]
Creaform manufactures metrology and 3D engineering devices for use in shop-floor environments[7] It is based in Lévis, Quebec, Canada. The company was founded in 2002 by Martin Lamontagne and two co-workers at Modelex.[8] It began with a $200,000 loan from the Business Development Bank of Canada.[8] In 2009, the company sold its 1000th laser scanner,[9] priced from $50 –100,000.[10] Creaform was acquired by Ametek in 2013 for $120 million in cash.[11] At the time, Creaform had annual sales of $52 million.[11] In 2017, Creaform opened a new, $20 million, headquarters in Levis.[12] The 76,000 square foot headquarters is double the size of the old one, allowing Creaform to triple its production.
References[]
- ^ "Ametek". Fortune. Retrieved 2019-01-21.
- ^ "Annual Report". [permanent dead link]
- ^ "Archived copy". Archived from the original on 2013-01-26. Retrieved 2013-01-29.CS1 maint: archived copy as title (link)
- ^ http://www.fundinguniverse.com/company-histories/AMETEK-Inc-Company-History.html
- ^ "Profile: Ametek Inc (AME)". Reuters.
- ^ "Archived copy". Archived from the original on 2013-02-01. Retrieved 2013-01-29.CS1 maint: archived copy as title (link)
- ^ Firth, Niall (2007-02-26). "INSIGHT: Going steady". The Engineer. Archived from the original on 2018-01-13.
- ^ Jump up to: a b King, Mike (2006-10-18). "Creaform Founder Wins Award". The Montreal Gazette.
- ^ "Creaform sells 1,000th laser scanner". Design Engineering. May 26, 2014.
- ^ Cherdo, Ludivine. "Handheld 3D scanners 2019: top 10 selection and buying guide". Aniwaa. Retrieved 25 July 2019.
- ^ Jump up to: a b Lamontagne, Kathryne. "Creaform achetée par Ametek pour 120 M$". Le Journal de Montréal (in French). Retrieved 2018-01-14.
- ^ 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[]
- Business data for Ametek:
An AMETEK USG Pressure Gauge Device, made by AMETEK's gauge division
- Business data for AMETEK Inc:
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Categories:
- 1930 establishments in Pennsylvania
- American companies established in 1930
- Companies based in Chester County, Pennsylvania
- Companies listed on the New York Stock Exchange
- Conglomerate companies of the United States
- Manufacturing companies based in Pennsylvania
- American brands