AMETEK has increased the authorized level for repurchases of its common stock by $75M. This increased authorization will be added to the approximately $68M that remains available from an existing authorization approved by the Board of Directors in July 2008. Today's action brings the total amount authorized for share repurchases to approximately $143M. :theflyonthewall.com
AMETEK, Inc. announced it has acquired the assets of Sterling Ultra Precision, a privately held reseller of machine tools for the ophthalmic lens market. Sterling Ultra Precision is headquartered in Tampa, FL. :theflyonthewall.com