Allient Inc
SWB:HWY
Allient Inc
Allied Motion Technologies, Inc. engages in the manufacturing and marketing of controlled motion products and solutions for original equipment manufacturers and end user applications. The company is headquartered in Amherst, New York and currently employs 2,254 full-time employees. The firm develops solutions to drive the market-moving industries, including medical, life sciences, aerospace and defense, agriculture, transportation, robotics and automation. The Company’s motion solutions include the component parts and integrated systems that make movement possible, such as precision motors and drives. Its controls division is focused on industrial automation, control systems, and solutions that streamline functionality throughout countless applications. Its power solutions provide consistency and reliability issues associated with industrial power conversion, such as harmonics or transients in waveforms. Its power brands specialize in manufacturing products that serve critical roles in a spectrum of industries, including oil and gas; heating, ventilation, and air conditioning (HVAC); water/wastewater; general industrial, and others.
Allied Motion Technologies, Inc. engages in the manufacturing and marketing of controlled motion products and solutions for original equipment manufacturers and end user applications. The company is headquartered in Amherst, New York and currently employs 2,254 full-time employees. The firm develops solutions to drive the market-moving industries, including medical, life sciences, aerospace and defense, agriculture, transportation, robotics and automation. The Company’s motion solutions include the component parts and integrated systems that make movement possible, such as precision motors and drives. Its controls division is focused on industrial automation, control systems, and solutions that streamline functionality throughout countless applications. Its power solutions provide consistency and reliability issues associated with industrial power conversion, such as harmonics or transients in waveforms. Its power brands specialize in manufacturing products that serve critical roles in a spectrum of industries, including oil and gas; heating, ventilation, and air conditioning (HVAC); water/wastewater; general industrial, and others.
Revenue Growth: Allient delivered double-digit revenue growth in Q3, with revenue reaching $138.7 million, up $13.5 million year-over-year.
Record Margins: Gross margin hit a record 33.3%, marking the fifth consecutive quarter of expansion and rising 190 basis points year-over-year.
Strong Cash Flow: Operating cash flow year-to-date was $43.1 million, up 46% from last year, and debt was further reduced by $12 million in Q3.
Order Backlog: Backlog ended at $231 million, with the majority expected to ship within 3 to 9 months, despite a $5 million bookings hit from the canceled M10 Booker tank program.
Efficiency Initiatives: The Simplify to Accelerate Now program delivered $10 million in annualized savings this year, with another $6–7 million targeted for 2025.
End Market Trends: Industrial, medical, and defense segments showed notable strength, while the mobility solutions and powersports vehicle segments remained soft.