Allied motion

Number of employees 1,950 Website .alliedmotion .com Allied Motion Technologies Inc. ( The company operates facilities in the United States, History [ ] Allied Motion was founded in January 1939 in Denver, Colorado by Claude Hathaway under the name of Hathaway Instruments Company. The company developed and successfully sold electrical instruments to a number of industries through the 1940s and early 1950s. In 1955, the Hamilton Watch Company purchased the company from Mr. Hathaway. It was operated as a division of Hamilton until January 1960, when the division was purchased by an investor group composed in part of executives working in the division. The new company was named Hathaway Instruments, Inc. The company became a U.S. public company in 1962 under the laws of Colorado, originally named 5800 Corporation. In 1982 the name of the corporation was again changed to Hathaway Corporation. At the end of 2001, Hathaway Corporation consisted basically of the Power and Process business, selling into the electric utility market, and a motion control business operated as a wholly owned subsidiary, Hathaway Motion Control Corporation. On November 19, 2002, the company formally changed its name from Hathaway Corporation to Allied Motion Technologies, Inc. Products [ ] Key products of this company are brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, brushless motors with integrated drives, gearmotors, digital servo drives, motion controllers, in...

Allied Motion Technologies (AMOT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 36.67%. A quarter ago, it was expected that this motion control product maker would post earnings of $0.26 per share when it actually produced earnings of $0.33, delivering a surprise of 26.92%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Allied Motion, which belongs to the Zacks Instruments - Control industry, posted revenues of $103.51 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 0.69%. This compares to year-ago revenues of $94.65 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Allied Motion shares have added about 5.9% since the beginning of the year versus the S&P 500's gain of 23.3%. What's Next for Allied Motion? While Allied Motion has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure th...

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AMHERST, N.Y.--( “Spectrum has a long history of innovation, partnership, and customized customer fulfillment, and we are excited to welcome the entire Spectrum team to the Allied family. This acquisition is an excellent strategic fit and provides us with a tremendous opportunity to enhance our position as a value-added solutions supplier to the industrial automation and industrial controls market,” commented Dick Warzala, Chairman and CEO. “In addition, Spectrum enhances our customer base, adds significant engineering resources and has the technology and know-how to provide solutions that meet the system requirements of Functional Safety.” Bruce Wanta, Founder and President of Spectrum, stated, “Allied has built an impressive organization. We believe that given their strong leadership team and their One Allied culture, we have found the ideal partner to successfully execute on the many strategic initiatives and opportunities we have in front of us. We look forward to a bright future together.” Mr. Warzala further added, “We believe we can drive growth by leveraging Spectrum’s strong partner relationships with large industrial automation companies, utilizing their global distribution channels, and benefiting from the continued digital transformation around IIoT, AI and analytics that are driving the increased use of smart factory floor devices.” In 2022, Spectrum is expected to be accretive to both Allied’s earnings per share and gross margin profile. The acquisition struc...

AMHERST, N.Y.--( “ALIO is well recognized for their technology/know-how and expertise in nanometer level positioning, and we are very excited to add such high precision positioning and robotic technology solutions to our already powerful portfolio of motion solution offerings. Equally important is ALIO’s culture and passion for innovation, customer service and product quality, all traits that align well with what we have built at Allied. We expect that the business can grow rapidly as we leverage our joint channels to market and bring scale to their operations,” commented Dick Warzala, Chairman and CEO. Founded in 2001 and headquartered in Arvada, CO, ALIO designs, engineers, and manufactures nano technology motion systems for state-of-the-art applications in silicon photonics, micro assembly, digital pathology, genome sequencing, laser processing and microelectronics. Their expansive product line includes the patented Hybrid Hexapod®, which provides for 6 axis point precision repeatability, air bearing systems, linear and rotary nano-precision systems (with both mechanical and air bearings guides), and systems customized for atmospheric, clean room, and ultra-high vacuum environments. Bill Hennessey, President of ALIO, stated, “Joining with the Allied team creates a solid foundation and a great complementary combination to generate accelerated growth in the future. We embrace the One Allied culture and on behalf of our entire company, we look forward to a great partnershi...

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• • Electromechanical (Magnet-Shultz) • • • • • • • Electrohydraulic (Magnet-Shultz) • • • • • • Motion Damping (Airpot®) • • • • Air or Vacuum Accuators (Airpot®) • • • • • • Endfield Technologies • • • • • • Allied Motion • • • • • • • • • • • • • • • Globe Motors • • (Industrial, Military, Blowers, Fans etc.) • • • GMP • • • • • HELI-CAL® • • • • • • • TSK Linear Systems • • • • • • • • • • • Delat Tau • • • • • • • • • • • Endfield Technologies • • • • • • Allied Motion • • • • AllMotion • • • • • • Deltran PT • • • • Got Motion? 7080 Donlon Way, Ste 214 Dublin, CA 94568 (925) 803-9565 (925) 803-9566 Fax Allied Motion's Motor Solutions Allied Motion designs and manufactures high quality motion control products specifically designed to meet the demands of a range of applications and industries. From durable brush DC motors for commercial equipment to sophisticated servo motors, drives and encoders for precision machinery, Allied Motion engineers always strive to achieve the best performing products at the best price to help our customers "change the game." Following is a list along with more details on Allied Motion's lines of products: • • • • • • • • • • • • • Brushless Torque Motors Framless & Housed Allied Motion offers the CM, HT and Megaflux series of high power density frameless and housed brushless torque motors. These motors are computer‐designed and ‐optimized to provide the highest torque density available. Special attention has also been given to the minimiz...

The global work lights market is experiencing growth due to several factors, such as the surge in industrial growth, an increase in outdoor events and activities, and the growing automotive industry. PORTLAND, Ore., June 14, 2023 /PRNewswire/ -- Allied Market Research published a report titled, " by Type (Portable, Tripod, Handheld, and Retractable), by Light Technology (Integrated LED, Halogen, Fluorescent), by Power Source (Plug-In, Battery), by End-Use (Construction, Warehouses, Manufacturing, Mining, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032."According to the report, the global work lights market was valued at $32.4 billion in 2022 and is estimated to reach $48.7 billion by 2032, exhibiting a CAGR of 4.2% from 2023 to 2032. Request PDF Brochure: Prime Determinants of Growth: The global work lights market is experiencing growth due to several factors, such as the surge in industrial growth, an increase in outdoor events and activities, and the growing automotive industry. However, high competition and the availability of substitutes restrict market growth. Moreover, the increase in demand for energy efficiency and sustainability and the development of emerging countries present new opportunities in the coming years. Report Coverage & Details: Report Coverage Details Forecast Period 2023–2032 Base Year 2022 Market Size in 2022 $32.4 Billion Market Size in 2032 $48.7 Billion CAGR 4.2% No. of Pages in Report 308 Segments Covered Type, Light Tech...

AMHERST, N.Y.--(BUSINESS WIRE)-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced Board of Director changes, effective with today’s Annual Meeting of Shareholders. Linda P. Duch and Gerald J. (Bud) Laber retired from their positions as directors and did not stand for re-election to the Board after each of their current terms expired. Dick Warzala, Chairman and CEO, commented,” We are most appreciative of the strong leadership skills, broad industrial experience, and strategic insights that Linda and Bud brought to the Board of Allied. Their contributions will have a lasting impact on us for years to come. We are deeply appreciative of their service to our Board and Company and we wish them well.” Nicole R. Tzetzo and Steven C. Finch were elected to Allied’s Board. Both new Directors are considered independent. Mr. Warzala added, “We are pleased to welcome Nicole and Steven to the Allied team. Their varied skills and experience are complementary to those of the existing Board members and we anticipate that their insights will prove invaluable as we navigate these unusual times in the near term and drive toward our strategic goals in the long term. We are confident that the significant business and legal experience offered by Nicole and Steven’s expansive and diverse experience in manufacturing, customer relations, and...