GE acquires Panametrics


Atlanta, GA - GE Power Systems announced July 24 it has acquired Panametrics Inc., a manufacturer of ultrasonic testing equipment and process control instrumentation. The company will become part of GE's Energy Management Services business and will be known as GE Panametrics.

Panametrics develops highly specialized, harsh-environment sensors and instruments for nondestructive testing, solar radiation detection, and process measurement instrumentation. The company's products include process control instruments; moisture, chemical and gas sensors; multi-phase flow meters; charged particle detectors; ultrasonic transducers and scanning systems for a wide range of applications.

"Panametrics' proven testing and control technologies are an excellent fit with GE Power Systems' existing measurement technologies for the power generation and oil and gas industries. This acquisition will complement GE's portfolio of sensors and monitoring and detection offerings to better serve customers worldwide and will provide the platform for our field measurement solutions business," said John Rice, president and ceo of GE Power Systems.

Stephen R. Bolze, president and general manager of the Energy Management Services business, stated, "We are very excited to have the talented people, customer franchise, and expert technology of Panametrics as part of our GE family. This acquisition is consistent with our growth strategy to provide leading-edge sensor technology as part of our overall energy and distributed asset management solutions for improved customer productivity."

Tom Smith, previously general manager of GE's Field Services business, has been named general manager of GE Panametrics.

Panametrics is headquartered in Waltham, Mass. The company was founded in 1960 and has more than 1,000 employees.

"We are extremely pleased to be joining the GE family of businesses. This is a true marriage of technology-driven companies that will enhance our technical capabilities in the sensor and instrumentation industry," said Dr. Edmund H. Carnevale, co-chairman of Panametrics, Inc.

Control Engineering Daily News Desk
Gary A. Mintchell, senior editor

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Choosing controllers: PLCs, PACs, IPCs, DCS? What's best for your application?; Wireless trends; Design, integration; Manufacturing Day; Product Exclusive
Variable speed drives: Smooth, efficient, electrically quite motion control; Process control upgrades; Mobile intelligence; Product finalists: Vote now; Product Exclusives
Machine design tips: Pneumatic or electric; Software upgrades; Ethernet advantages; Additive manufacturing; Engineering Leaders; Product exclusives: PLC, HMI, IO
This article collection contains the 5 most referenced articles on improving the use of PID.
Learn how Industry 4.0 adds supply chain efficiency, optimizes pricing, improves quality, and more.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Drilling for Big Data: Managing the flow of information; Big data drilldown series: Challenge and opportunity; OT to IT: Creating a circle of improvement; Industry loses best workers, again
Pipeline vulnerabilities? Securing hydrocarbon transit; Predictive analytics hit the mainstream; Dirty pipelines decrease flow, production—pig your line; Ensuring pipeline physical and cyber security