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AMETEK, Inc. is a leading global
manufacturer of electronic instruments and electromechanical
devices with annualized sales of $2.5 billion. The Company has
over 11,000 colleagues working at more than 80 manufacturing
facilities and more than 80 sales and service centers in the
United States and around the world.
AMETEK consists of two operating groups:
* Electronic Instruments - a leading manufacturer of advanced
monitoring, testing, calibrating, and display instruments for
the process, aerospace, power and industrial markets worldwide.
* Electromechanical – a differentiated supplier of electrical
interconnects, technical motors and systems, and electric motors
for floor care and other specialty applications.
AMETEK's Corporate Growth Plan is founded on four key
strategies: Operational Excellence, Strategic Acquisitions &
Alliances, Global & Market Expansion, and New Products. Its
objectives are double-digit annual percentage growth in earnings
per share and a superior return on total capital.
Ametek acquires
programmable power division of Xantrex
In October 2008 Ametek, Inc acquired the
programmable power division of Xantrex, Inc.
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