0000893220-01-500703.txt : 20011008
0000893220-01-500703.hdr.sgml : 20011008
ACCESSION NUMBER: 0000893220-01-500703
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20010919
ITEM INFORMATION: Other events
ITEM INFORMATION: Financial statements and exhibits
FILED AS OF DATE: 20010919
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AMETEK INC/
CENTRAL INDEX KEY: 0001037868
STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621]
IRS NUMBER: 141682544
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12981
FILM NUMBER: 1740151
BUSINESS ADDRESS:
STREET 1: STATION SQ
CITY: PAOLI
STATE: PA
ZIP: 19301
BUSINESS PHONE: 6106472121
MAIL ADDRESS:
STREET 1: STATION SQUARE
CITY: PAOLI
STATE: PA
ZIP: 19301
FORMER COMPANY:
FORMER CONFORMED NAME: AMETEK AEROSPACE PRODUCTS INC
DATE OF NAME CHANGE: 19970415
8-K
1
w53363e8-k.txt
8-K FOR AMETEK DATED 9/19/2001
1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) September 19, 2001
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AMETEK, Inc.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-12981 14-1682544
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
37 North Valley Road, Building 4, P.O. Box 1764, Paoli, Pennsylvania 19301
--------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 610-647-2121
----------------
2
AMETEK, Inc.
Item 5. Other Events.
On September 17, 2001, AMETEK, Inc. issued a press release to announce
the completion of a new $300 million five year Revolving Credit Facility. The
new financing replaces a $195 million facility, which was to expire in 2002. A
copy of such press release is attached as Exhibit 99(a). The information
contained in said press release is hereby incorporated by reference in this Form
8-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit Number Description
99 (a) Copy of press release issued by AMETEK, Inc.
on September 17, 2001.
2
3
AMETEK, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AMETEK, Inc.
------------------------------------------
(Registrant)
By /s/ Robert R. Mandos, Jr.
------------------------------------------
Robert R. Mandos, Jr.
Vice President & Comptroller
(Principal Accounting Officer)
September 19, 2001
3
4
AMETEK, Inc.
EXHIBIT INDEX
Exhibit Number Description
99 (a) Copy of press release issued by AMETEK, Inc. on
September 17, 2001.
4
EX-99.A
4
w53363ex99-a.txt
COPY OF PRESS RELEASE DATED 9/17/2001
1
Exhibit 99 (a)
{Letterhead of AMETEK appears here}
Contact: William J. Burke (610) 889-5249
AMETEK COMPLETES NEW BANK FINANCING
Paoli, Pa., September 17, 2001--AMETEK Inc. (NYSE: AME) today announced the
completion of a new $300 million, five-year Revolving Credit Facility to support
the Company's growth initiatives. The new financing replaces a $195 million
facility set to expire in 2002.
Commenting on the new financing, John Molinelli, Executive Vice President and
Chief Financial Officer, said, "We are pleased to announce this new revolving
credit agreement. The facility will provide AMETEK with the necessary financial
flexibility to support the Company's growth plans, including our successful
acquisition strategy."
Mr. Molinelli continued, "The facility was extremely well received. We were
significantly oversubscribed, and increased the size of the facility to $300
million from the originally planned $250 million."
JPMorganChase served as Lead Arranger and Book Manager for the twelve-bank
syndicate. First Union National Bank and PNC Bank served as Syndication Agents
and Deutsche Bank was the Documentation Agent.
CORPORATE PROFILE
AMETEK IS A LEADING GLOBAL MANUFACTURER OF ELECTRONIC INSTRUMENTS AND ELECTRIC
MOTORS WITH 2000 SALES OF MORE THAN $1 BILLION. AMETEK'S CORPORATE GROWTH PLAN
IS BASED ON FOUR KEY STRATEGIES: STRATEGIC ACQUISITIONS & ALLIANCES, GLOBAL &
MARKET EXPANSION, NEW PRODUCTS, AND OPERATIONAL EXCELLENCE. ITS OBJECTIVE IS
DOUBLE-DIGIT PERCENTAGE GROWTH IN EARNINGS PER SHARE OVER THE BUSINESS CYCLE AND
A SUPERIOR RETURN ON TOTAL CAPITAL. THE COMMON STOCK OF AMETEK IS A COMPONENT OF
THE S&P MIDCAP 400 INDEX AND THE RUSSELL 2000 INDEX.