Ametek Inc. is looking for acquisition opportunities. Ametek's Chairman and Chief Executive Officer, Frank Hermance said, “Despite the slightly weaker than expected core sales growth in the quarter, the overall orders and order trends during the quarter were excellent. As is evident in our results, we were able to deliver exceptional operating performance and exceed our earnings estimates despite this weak macro environment.

As we have demonstrated in the past, we will continue to aggressively manage our costs through this period of softness, while continuing to make investments in strategic acquisitions, market expansion, and new product development initiatives. In particular, our deal pipeline is strong, and we will remain active in acquiring businesses.”