| Business Summary | | Ametek,
Inc.
is
a
global
manufacturer
of
electronic
instruments
and
electric
motors,
with
operations
in
North
America,
Europe,
Asia
and
South
America.
The
Company
markets
its
products
worldwide
through
two
operating
groups,
the
Electronic
Instruments
Group
(EIG)
and
the
Electromechanical
Group
(EMG).
EIG
builds
monitoring,
testing
and
calibration
instruments
and
display
devices
for
the
aerospace,
power
generation,
process
and
industrial
markets.
EMG
is
a
manufacturer
air-moving
electric
motors
for
vacuum
cleaners
and
other
floor-care
products,
and
is
a
producer
brushless
air-moving
motors
for
aerospace,
mass-transit,
medical
and
computer
markets.
EMG
also
produces
specialty
metals
for
the
electronics,
telecommunications,
consumer,
automotive
and
other
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ametek,
Inc.
is
a
global
manufacturer
of
electric
motors
and
electronic
instruments.
For
the
six
months
ended
6/30/01,
net
sales
rose
3%
to
$525.5
million.
Net
income
rose
9%
to
$36.9
million.
Revenues
benefitted
from
increased
sales
for
EMG
due
to
the
2000
acquisition
of
several
businesses
from
Prestolite
Electric.
Earnings
also
reflect
improved
operating
margins
attributable
to
cost
reduction
initiatives
and
operational
excellence
programs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Frank Hermance, 52 Chairman,
CEO | $4.8M | $203K | John Molinelli, 54 CFO,
Exec. VP | 493K | 490K | Deirdre Saunders, 53 VP,
Treasurer | -- | -- | Robert Mandos, Jr., 42 VP
and Comptroller | -- | -- | Donna Winquist, 51 VP,
Gen. Counsel | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|