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Ametek buys California aerospace firm for $125 million; Philly-area manufacturer’s sixth deal in two years

CEO David Zapico told investors the company is using profits to buy more firms, boosting sales despite a slowing global economy.

Ametek workers at a Texas plant. Based in an office park north of Berwyn, Pa., Ametek makes and sells electronic instruments and electromechanical devices. It has more than 12,000 employees.
Ametek workers at a Texas plant. Based in an office park north of Berwyn, Pa., Ametek makes and sells electronic instruments and electromechanical devices. It has more than 12,000 employees.Read moreMcAllen Economic Development Corporation