AMETEK, Inc

1100 Cassatt Road , Berwyn, Pennsylvania, United States | Energy

AMETEK, Inc. is a leading global manufacturer of electronic instruments and electromechanical devices with 2014 sales of $4.0 billion. AMETEK has over 15,000 colleagues at more than 120 manufacturing locations around the world. Supporting those operations are more than 100 sales and service locations across the United States and in 30 other countries 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
  • Electromechanical Instruments - 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, 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 has been publicly traded on the NYSE since 1930 and is a component of the S&P 500.

Four Growth Strategies

AMETEK's Corporate Growth Plan is founded on four key strategies: Operational Excellence, Strategic Acquisitions, Global & Market Expansion, and New Products. The objective of that growth plan is to achieve double-digit annual percentage growth in earnings per share and a superior return on total capital. These strategies have provided the framework for achieving that objective. 

Operational Excellence: With an emphasis on operating efficiency, asset management and customer satisfaction, Operational Excellence serves as AMETEK’s cornerstone strategy. It is essential to AMETEK’s cost-driven businesses, adds significant value to its differentiated businesses, and is instrumental in improving the performance of recently acquired businesses.

Strategic Acquisitions: AMETEK is an active and disciplined business acquirer. It has a focused acquisition strategy, a thorough due diligence process and a proven ability to quickly integrate newly acquired businesses. Its goal is to achieve critical mass and competitive advantage and to gain entry into new and emerging markets and technologies. 

Global & Market Expansion: This strategy is an important contributor to AMETEK’s continued growth. More than half of AMETEK’s total sales are to markets outside the United States. AMETEK has plans to further expand low-cost manufacturing in key areas of the world, to use acquisitions and new products to pursue growth opportunities outside the United States, and to strength its sales, marketing and distribution capabilities worldwide.

New Products: New products have spurred AMETEK’s growth. AMETEK enjoys an excellent reputation for technical innovation and product development know-how. It has consistently increased its investment in new product development with the aim of bringing more products to market faster and with greater success. The result has been a steady stream of successful, innovative new products.

Company Details
Company NameAMETEK, Inc
Business CategoryEnergy
Address1100 Cassatt Road
Berwyn
Pennsylvania
United States
ZIP: PA 19312
PresidentFrank S. Hermance
Year Established1930
Employees10000
MembershipsNA
Hours of OperationNA

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