Reading Alloys, a Ben Franklin Technology Partners alumni company, was recently acquired by AMETEK, Inc. With annual sales of approximately $80 million, Reading Alloys is a global leader in specialty titanium master alloys and highly engineered metal powders used in the aerospace, medical implant, military and electronics markets.

"Reading Alloys is an excellent acquisition. Its titanium master alloys are experiencing outstanding growth driven by increasing demand for titanium in the commercial aerospace, military aerospace and power generation markets," says Frank Hermance, chairman and CEO of AMETEK, a global manufacturer of electronic instruments and electromechanical devices, with 2007 sales of more than $2.1 billion.

Reading Alloys' titanium powders expand AMETEK's position in customized titanium products, adding to the company's capabilities in strip and foil products used in medical devices, electronic components and aerospace instruments. Reading Alloys' metal powder production techniques also complement the parent company's existing gas and water atomization capabilities.

Reading Alloys joins AMETEK as part of its Electromechanical Group (EMG). In addition to specialty metal products, EMG is a leader in electrical interconnects, microelectronic packaging, technical motors and systems and electric motors for floor care and other applications. EMG had 2007 sales of approximately $937 million.