GE Power Systems announced in 2002 that it had acquired Panametrics Inc., a global leader in high-technology ultrasonic testing equipment and process control instrumentation. The company is part of GE’s Energy Management Services business, and is known as GE Panametrics. It develops highly-specialised, harsh-environment sensors and instruments for non-destructive 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. GE 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.
It complements GE’s portfolio of sensors and monitoring and detection offerings to better serve customers worldwide, providing a platform for its field measurement solutions business. Its growth strategy is aimed at providing leading-edge sensor technology as part of its overall energy and distributed asset management solutions for improved customer productivity.
Throughout its more than 40-year history, Panametrics has been a pioneer in the sensor technology industry, developing an extensive line of ultrasonic flowmeters, including the first clamp-on ultrasonic flowmeter for gases. Panametrics’ moisture analysers have been considered the industry standard for decades. Other company breakthroughs include the first digital flaw detector, and a unique line of handheld digital data-logging thickness gages.
The company’s innovative culture has resulted in almost 100 patents. Panametrics is headquartered in Waltham, Massachusetts in the USA. The company was established in 1960, and has more than 1 000 employees. The combination of these technology-driven companies enhances its technical capabilities in the sensor and instrumentation industry. GE Power Systems is one of the world’s leading suppliers of power generation technology, energy services and management systems, with 2001 revenues exceeding $20 billion. Headquartered in Atlanta, Georgia in the USA, GE Power Systems provides equipment, services, and management solutions across the power generation, oil and gas, distributed power, and energy rental industries.