1 Followers USX:AME - AMETEK Inc Ametek Inc
Sector: Industrials, Industry: Industrial Machinery
Next Earnings: 30 Apr 2024
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USD 182.9    -0.82 (-0.45%)

28 Mar 2024


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General

CEO: Mr. David A. Zapico

IPO: 1984-07-19

Headquarters: US

Employees: 19,600

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Description

Ametek Inc is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets, and generates major revenue. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. The majority of the firm’s sales are made in the United States. The firm’s asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.

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