Ametek

AMETEK, Inc.
Company typePublic
ISINUS0311001004 Edit this on Wikidata
IndustryConglomerate
Founded1930; 94 years ago (1930) (as American Machine and Metals)
HeadquartersBerwyn, Pennsylvania, U.S.
Area served
Worldwide
Key people
David A. Zapico
(Chairman and CEO)
William J. Burke (CFO)
ProductsElectronic instruments
Electromechanical devices
RevenueIncrease US$6.60 billion (2023)
Increase US$1.71 billion (2023)
Increase US$1.31 billion (2023)
Total assetsIncrease US$11.68 billion (2021)
Total equityIncrease US$8.73 billion (2023)
Number of employees
c. 21,500 (Dec. 2023)
Websitewww.ametek.com
Footnotes / references
[1][2][3]

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.[4]

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.[5]

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).[6] 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.[7] 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.

  1. ^ "Annual Report". AMETEK, Inc.[permanent dead link]
  2. ^ "AMETEK, Inc. (AME) Income Statement - Yahoo Finance". finance.yahoo.com. Retrieved 2024-03-29.
  3. ^ "AMETEK: Number of Employees 2010-2023 | AME". www.macrotrends.net. Retrieved 2024-03-29.
  4. ^ "Overview". Archived from the original on 2013-01-26. Retrieved 2013-01-29.
  5. ^ "History of AMETEK, Inc. – FundingUniverse".
  6. ^ "Profile: Ametek Inc (AME)". Reuters.
  7. ^ "Our Products". Archived from the original on 2013-02-01. Retrieved 2013-01-29.