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AMETEK (BSP:A1ME34) Credit Losses Provision


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What is AMETEK Credit Losses Provision?

Credit Losses Provision only applies to banks.


AMETEK (BSP:A1ME34) Business Description

Traded in Other Exchanges
Address
1100 Cassatt Road, Berwyn, PA, USA, 19312-1177
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.