Ametek
AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 220 sites worldwide.
| Company type | Public |
|---|---|
Traded as |
|
| ISIN | US0311001004 |
| Industry | Conglomerate |
| 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$6.60 billion (2023) |
| US$1.71 billion (2023) | |
Net income | US$1.31 billion (2023) |
| Total assets | US$11.68 billion (2021) |
| Total equity | US$8.73 billion (2023) |
Number of employees | c. 21,500 (Dec. 2023) |
| Website | www |
| Footnotes / references | |
The company was founded in 1930. The company's original name, American Machine and Metals, was changed to AMETEK in the early 1960s, reflecting its evolution from a provider of heavy machinery to a manufacturer of analytical instruments, precision components and specialty materials.
AMETEK has been ranked as high as 402 on the Fortune 500. The firm has also consistently been on the Fortune 1000 rankings list as well as the Fortune Global 2000.
The overall strategy for the organization is made up of 4 components: Operational Excellence (cost control), New Product Development, International/Market Expansion, and Acquisitions.
The firm has two operating groups (the Electronic Instruments Group and the Electromechanical Group). 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. The company's headquarters is 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.