AMETEK announced the acquisition of Reading Alloys, a specialty metals producer. With annual sales of approximately $80 million, Robesonia, Pa.-based Reading Alloys is a leader in specialty titanium master alloys and highly engineered metal powders used in the aerospace, medical implant, military and electronics markets. Reading Alloys will join AMETEK as part of its Electromechanical Group (EMG).
Reading Alloys’ metal-powder production techniques will complement AMETEK’s existing gas and water atomization capabilities. EMG is also a leader in electrical interconnects, microelectronic packaging and electric motors for floor care and other applications. EMG had 2007 sales of approximately $937 million.
AMETEK Acquires Reading Alloys
April 17, 2008