WILMINGTON, MA -- AMETEK, Inc. announces the acquisition of High Standard Aviation, a Miami-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.
"High Standard Aviation broadens the global footprint of our aerospace maintenance, repair and overhaul (MRO) business," says Frank S. Hermance, AMETEK Chairman and Chief Executive Officer. "Coupled with other recent AMETEK MRO acquisitions and expansion activities, we now have a significant and growing presence in this attractive market. High Standard Aviation strengthens our capabilities in electrical/electromechanical and hydraulic repair and provides us with a valuable presence in Miami, a key MRO hub for the southeastern United States as well as Latin America. It also adds to our position in the air cargo segment of the MRO business broadening our base with a number of key customers."
High Standard Aviation joins AMETEK’s global MRO network as a unit of AMETEK Aerospace & Defense. For more information visit www.ametekaerodefense.com.
