Citation
(2008), "AMETEK acquires Reading Alloys", Aircraft Engineering and Aerospace Technology, Vol. 80 No. 5. https://doi.org/10.1108/aeat.2008.12780eab.004
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited
AMETEK acquires Reading Alloys
Article Type: News and views From: Aircraft Engineering and Aerospace Technology: An International Journal, Volume 80, Issue 5
AMETEK, Inc., has acquired Reading Alloys, a privately held, niche speciality metals producer. With annual sales of approximately $80 million, Robesonia, PA-based, Reading Alloys is a global leader in speciality titanium master alloys and highly engineered metal powders used in the aerospace, medical implant, military and electronics markets.
“Reading Alloys is an excellent acquisition. Its titanium master alloys are experiencing outstanding growth driven by increasing demand for titanium in the commercial aerospace, military aerospace and power generation markets,” comments Frank S. Hermance, AMETEK Chairman and CEO.
“Reading Alloys’ titanium powders expand our position in customised titanium products, adding to our capabilities in strip and foil products used in medical devices, electronic components and aerospace instruments. As well, Reading Alloys’ metal powder production techniques complement our existing gas and water atomisation capabilities,” adds Mr Hermance.