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Business Briefs for the Week of February 13, 2006

Ameteck, Itron, Cooper Lighting

  • Paoli, Penn.-based Ametek, Inc., recently acquired Coral Springs, Fla.-based Pulsar Technologies Inc., manufacturer of communications equipment for the electric utility market. Pulsar will become part of Ametek’s Electronic Instruments Group.
  • On Feb. 14, Itron, Inc., Spokane, Wash., reported its financial results for fourth quarter and full year 2005. Fourth quarter 2005 revenues were $160 million, 22% higher than fourth quarter 2004 revenues of $131.4 million. For the full year, revenues were $552.7 million in 2005, compared with $399.2 million in 2004, with growth in 2005 reflecting a full year of Electricity Metering revenues as well as internal growth in all segments.
  • Peachtree City, Ga.-based Cooper Lighting recently announced that it has been selected by a global provider of print and related services to retrofit upwards of 25 domestic facilities by Q2 2006. The lighting retrofit program is in its initial stage of implementation and represents approximately one-quarter of the printer’s U.S. facilities.
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