Allied Motion Technologies

Leadership team

Mr. Richard S. Warzala (Chairman, CEO & Pres)

Mr. Michael R. Leach (Sr. VP & CFO)

Mr. Robert P. Maida (Sr. VP & Group Pres of Allied Innovum Group)

Products/ Services

Industrial Automation, Manufacturing, National Security

Number of Employees

1,000 - 20,000

Headquarters

Amherst, New York, United States

Established

1962

Company Registration

SEC CIK number: 0000046129

Net Income

20M - 100M

Revenue

100M - 500M

Traded as

AMOT

Social Media

URL

https://www.alliedmotion.com

Overview

Location

Recognition and Award

References

Summary

Allied Motion Technologies Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems that are used in a range of industries worldwide. The company offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active, and passive filters. It also provides electronic power steering, drive-by-wire applications, drive systems and pumps, automated and remotely guided power steering, and HVAC systems, and construction and agricultural equipment. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, as well as authorized manufacturers' representatives, agents, and distributors. Allied Motion Technologies Inc. was incorporated in 1962 and is headquartered in Amherst, New York.

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. Within days of incorporation the name of the company was changed to Hathaway Instruments Inc.In 1982 the name of the corporation was again changed to Hathaway Corporation.

By 1995, the company had developed, and was manufacturing and selling instrumentation used to monitor and control the operations of power generating, transmission and distribution facilities of electric utility and process control companies. The company had also established a nascent motion control business.

At this time, Hathaway Corporation consisted of two wholly owned subsidiaries, Hathaway Systems Corporation and subsidiaries and Computer Optical Products, Inc. The Company’s name was also changed to Hathaway Corporation.

The motion control business was organized into two divisions and one subsidiary: Hathaway Motion Control, Hathaway Motors and Instruments and Computer Optical Products, Inc., respectively.

Between 1962 and 2001 Hathaway executed several acquisitions and mergers of subsidiaries into the parent corporation. In addition, joint ventures in China were established and other acquisitions occurred.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.

In 2002, the company took the decision to focus solely on motion control products and markets. As a result, on July 29, 2002 the company sold its electric utility products division along with the Hathaway brand name to the Danaher Corporation.

The day following the divestiture of the Power and Process business, the company completed the acquisition of Motor Products - Owosso Corporation and Motor Products - Ohio Corporation, both manufacturers of permanent magnet DC motors, from the Owosso Corporation.

These were the first acquisitions by the company in accordance with its plan to grow their motion control business platform.

On November 19, 2002, the company formally changed its name from Hathaway Corporation to Allied Motion Technologies, Inc. The name was chosen to better reflect the future business direction of the company.

Mission

Our mission is to assist customers to help them solve their most critical drive and motion related problems. We will consistently strive to deliver industry leading products and technology solutions that value performance, quality, reliability, and long-term customer solutions.

Vision

Our vision is to become the best and most respected motion control company in the world by creating innovative motion control products and solutions that exceed our customers’ expectations.

Key Team

Mr. Helmut D. Pirthauer (VP & Group Pres of Allied Dynamos Group)

Mr. Ashish R. Bendre (VP & Group Pres of Allied Orion Group)

Mr. Geoffery C. Rondeau (VP of Operational Excellence)

Mr. Ken May (VP & CTO)

Mr. Joseph P. Kubarek (Sec.)

Mr. Christopher J. Thome (Corp. Controller & Treasurer)

Recognition and Awards

Allied Motion has been awarded the SEMA Industry Achievement Award, Automotive Manufacturing Survey Hall of Fame Award, and the Presidential “E” Award for outstanding export achievement. Allied Motion has been certified under the J.D. Power Supplier Certification Program for several years and annually receives the Award of Excellence for its customer experience programs.