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Platinum Equity to Buy Industrial Distribution Group for $113M
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February 26, 2008

AMETEK Acquires Motion Control Group

AMETEK, Inc., Paoli, PA, has acquired the Motion Control Group, a global manufacturer of highly customized motors and motion control solutions for the medical, life sciences, industrial automation, semiconductor and aviation markets. MCG, based in Minneapolis, MN, has annual sales of $26 million.
 
AMETEK CEO Frank S. Hermance, said: “MCG greatly enhances our capability in providing precision motion technology solutions. Its brush-commutated and brushless DC motors complement our existing motor business, while its linear motor line further broadens the range of solutions we offer the motion control market."
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MCG becomes part of AMETEK’s Technical & Industrial Products unit, which produces brush-commutated DC motors, brushless DC motors, hybrid stepper motors, slotless motors, motor controllers, blowers, fans and pumps for a variety of end markets.
 
AMETEK TIP is a unit of AMETEK's Electromechanical Group, a supplier of electrical interconnects, microelectronic packaging, technical motors and systems, and specialty metal products. EMG also produces electric motors for floor care and other specialty motor applications and had 2007 sales of $937 million.
 
AMETEK is a global manufacturer of electronic instruments and electromechanical devices with 2007 sales of more than $2.1 billion.

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