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Ametek (AME) Complets Acquisition of Laserage Technology Corporation

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AMETEK Acquires Laserage Technology Corporation

November 1, 2016 6:46 AM EDT

BERWYN, Pa., Nov. 1, 2016 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that it has completed the acquisition of Laserage Technology Corporation, a leading provider of laser fabrication services for the medical device market.  Laserage is a privately held company with headquarters and manufacturing operations in Waukegan, IL, and a manufacturing facility in Milipitas, CA.  Laserage has estimated annual sales of $22 million.

"Laserage is an excellent addition to our growing presence in the medical industry.  Its fabrication and manufacturing capabilities are an excellent fit with our engineered medical components business providing strong... More