Allient Inc. Launches Strategic Efforts to Accelerate Growth in High-Technology Motion Applications
The initiative brings together several of Allient's U.S.-based Motion Technology Units to function as ONE and serve OEM customers requiring advanced motion solutions. Typically, these applications may require solutions providing high torque or power density, high speed, precise positioning, highly coordinated motion control, and capable of operating in harsh or cleanroom environments. The goal is to accelerate Allient's ability to deliver custom-designed components and system solutions that meet the precision and performance demands of the most complex motion applications. Allient commonly refers to this type of solution as 'Custom Critical', recognizing that standard off-the-shelf solutions will not suffice.
'This is an important step as we continue to align our capabilities with the evolving needs of innovative and demanding industries,' said Dick Warzala, Chairman and CEO. 'By concentrating our efforts, we are enhancing our value proposition and delivering motion solutions that help customers improve system performance, accelerate development, and achieve long-term success.'
'The opportunity to lead these efforts and shape how we deliver critical motion and mechatronic assemblies is incredibly exciting,' said Mr. Mastromattei. 'We are committed to delivering engineered solutions that solve complex technical challenges and enable our customers to move faster and more effectively in their markets.'
Mr. Mastromattei brings deep experience in commercial strategy, operational leadership, and precision motion solutions, along with a strong technical background, including an M.S. in engineering. He was the Co-founder of Applimotion and most recently Sierramotion Inc., a company specializing in custom mechatronic and motion component solutions for medical, defense, robotics, and industrial applications. Sierramotion was acquired by Allient in 2023 and has since played an important role in enhancing the Company's engineering capabilities and responsiveness to customers requiring high-technology solutions. Mr. Mastromattei's leadership reflects a strong focus on innovation, execution, and building long-term customer partnerships.
About Allient Inc.
Allient (Nasdaq: ALNT) is a global engineering and manufacturing enterprise that develops solutions to drive the future of market-moving industries, including medical, life sciences, aerospace and defense, industrial automation, robotics, semi-conductor, transportation, agriculture, construction and facility infrastructure. A family of globally responsible companies, Allient takes a One-Team approach to 'Connect What Matters' and provides the most robust, reliable, and high-value products and systems by utilizing its core Motion, Controls, and Power technologies and platforms.
Headquartered in Buffalo, N.Y., Allient employs more than 2,500 team members around the world. To learn more, visit www.allient.com.
Safe Harbor Statement
The statements in this news release that relate to future plans, events or performance are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements. Examples of forward-looking statements include, among others, statements the Company makes regarding the new business group's ability to improve solutions that drive speed to market, system performance and overall customer success, the cost of implementing such actions, operating results, and expectations for the level of sales. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of the Company's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, general economic and business conditions, conditions affecting the industries served by the Company and its subsidiaries, conditions affecting the Company's customers and suppliers, competitor responses to the Company's products and services, the overall market acceptance of such products and services, the pace of bookings relative to shipments, the ability to expand into new markets and geographic regions, the success in acquiring new business, the impact of changes in income tax rates or policies, commercial activity and demand across our and our customers' businesses, global supply chains, the prices of our securities and the achievement of our strategic objectives, the ability to attract and retain qualified personnel, the ability to successfully integrate an acquired business into our business model without substantial costs, delays, or problems, and other factors disclosed in the Company's periodic reports filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise over time, and it is not possible for us to predict the occurrence of those matters or the manner in which they may affect us. The Company has no obligation or intent to release publicly any revisions to any forward looking statements, whether as a result of new information, future events, or otherwise.
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