Tuesday, October 21, 2014

Ametek: Global Provider of Scientific Instruments and Devices


From the American Machine and Metals in 1930, the company changed its name to become Ametek, a multi-billion dollar global manufacturer of electronic instruments and electromechanical devices. Headquartered in Berwyn, Pennsylvania, the company is one of the leading providers of scientific instrumentations used in various industries.

With the name change that happened in the 1960s, the company has also evolved from a heavy machinery manufacturer to a creator of analytical instruments, specialty materials and precision components. The success and the growth plan of the company is grounded on the four strategies of the business: New Products, Global & Market Expansion, Operational Excellence and Strategic Acquisitions & Alliances. Through these key strategies, they are able to provide more value to their investors while expanding their global reach and ensuring strong total capital returns. The business continues to trade publicly on the New York Stock Exchange and is a component of the S&P 400 and the Russell 1000 Index.

There are more than 100 brand names that the product owns. These products are grouped into two segments: Electronic Instruments Group and Electromechanical Group. Their product portfolio includes testing and calibration devices, analytical instruments, monitoring instruments, pumps, electrical motors and interconnects. The 100 brand names that the company controls are mostly out of the acquisitions it has made through the years. Together, these products generate more than $3.59 billion in annualized revenue. The brand names of the company has been patronized by some of the world’s biggest and most influential industries. Because of the strategic locations of their 120 manufacturing facilities, they are able to immediately address customer needs and demands. They also have more than 100 sales and service locations across the country and in 30 other countries that are readily capable of showcasing the product offerings of the business. Ametek employs more than 15,000 associates around the world.

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