Berwyn, Pennsylvania-based manufacturer AMETEK said its board of directors has approved a 10% increase in its quarterly cash dividend on common stock to $0.22 per share from $0.20 per share. The dividend is payable on March 31 to shareholders of record as of March 10. This dividend increase will raise the indicated annual rate to […]
Category: AMETEK
AMETEK 4Q Sales Top $1.5B
Berwyn, Pennsylvania-based manufacturer AMETEK reported 2021 fourth-quarter sales of $1.5 billion, a 25% increase compared to same period a year before. Operating income in 2021 4Q was a record $361.2 million, up 21% versus last year’s fourth quarter, and operating margins were 24% in the quarter. “AMETEK completed an outstanding year with record results in […]
AMETEK Announces Leadership Changes
Berwyn, Pennsylvania-based manufacturer AMETEK (NYSE: AME) has appointed two new vice presidents/general managers, while a veteran senior VP announced his retirement. Dr. Christoph Maetzig is the new vice president and general manager of AMETEK’s Ultra Precision Technologies division, the company said. In his role, Maetzig replaces Bruce Wilson, who announced his intention to retire after […]
AMETEK Acquires Alphasense
Berwyn, Pennsylvania-based manufacturer AMETEK acquired Alphasense, a provider of gas and particulate sensors for use in environmental, health, safety and air quality applications. Financial terms were not disclosed. “We are excited to welcome Alphasense to AMETEK,” said David A. Zapico, AMETEK chairman and CEO. “Alphasense is an excellent acquisition for AMETEK and a highly complementary […]
