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AMETEK, Inc., Paoli, PA, reported sales of $552.9 million for the first quarter 2009, down 10% over the same period of 2008. Profit declined 11% to $59.1 million.
 
For the 2009 first quarter, EIG segment sales decreased 11% to $302.5 million. Operating income was $69.1 million, compared with $79.2 million in the first quarter of 2008, a decrease of 13%. Declines were driven primarily by weakness in the Process and Industrial businesses.
 
EMG segment sales for the first quarter were $250.4 million, an 8% decrease over the same period of 2008. Operating income of $46.2 million was down 2%.
 
AMETEK is a global manufacturer of electronic instruments and electromechanical devices. …

AMETEK, Inc., Paoli, PA, acquired High Standard Aviation, a Miami, FL-based provider of electrical/electromechanical, hydraulic and pneumatic repair services to the aerospace industry. The privately held High Standard Aviation has annual sales of approximately $31 million.
 
The acquisition broadens AMETEK’s position in the aerospace maintenance, repair and overhaul market, and provides a presence in Miami. High Standard Aviation will become a unit of AMETEK Aerospace & Defense.
 
AMETEK is a global manufacturer of electronic instruments and electromechanical devices with annualized sales of $2.5 …

Chicago, IL-based W. W. Grainger, Inc. has appointed Michael A. Pulick, senior vice president for Customer Service, to president, Grainger Industrial Supply. Pulick is replacing Y.C. Chen, 61, who will stay on in a special advisory role with the company. Pulick joined Grainger in 1999 from General Electric. More
Fairmont Supply Company, Canonsburg, PA, distributor of industrial maintenance, repair and operating supplies, has acquired Pennsylvania-based North Penn Pipe &Supply. Based in Warren, PA, North Penn Pipe &Supply is a supplier to the oil and gas industry. North Penn Pipe &Supply will operate under its current name.  More
Interline Brands, …

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