Allient completed the acquisition of SNC Manufacturing.

Allient, a designer and manufacturer of precision and specialty motion, controls and power products and solutions for targeted industries and applications, completed the acquisition of SNC Manufacturing, a designer and global manufacturer of electrical transformers serving blue-chip customers in defense, industrial automation, alternative power generation and energy. Financial terms were not disclosed. “SNC is a solid addition to our Allied Power pillar. In addition to extending our capabilities in the clean power industry, SNC will provide us broader and deeper reach into industrial automation, defense, medical and in the energy and alternative energy markets. The business will also provide expanded opportunities to leverage sales channels and, additionally, we will gain much-needed manufacturing capacity and expertise to further grow our power quality business. And lastly, we are confident that through the utilization of Allient Systematic Tools we are in a good position to leverage our expertise to drive productivity and margin improvements over time," Richard S. Warzala, Allient Chairman, President and CEO.