Allient Inc. Launches Defense Solutions Business Unit, Advancing Vertical Market Strategy
December 11 2024 - 3:15PM
Business Wire
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a
global designer and manufacturer of precision and specialty Motion,
Controls and Power products and solutions for targeted industries
and applications, today announced the launch of its Allient Defense
Solutions (ADS) Business Unit (BU). This exciting vertical market
initiative underscores Allient’s commitment to expanding its
presence in high-growth markets and driving long-term value for
customers and stakeholders. With a newly structured, specialized
sales and support team, ADS will integrate Allient’s comprehensive
technology offerings to streamline processes and foster
innovation.
Dick Warzala, Chairman and CEO, commented, "The launch of
Allient Defense Solutions is a pivotal milestone in our vertical
market strategy, highlighting our dedication to delivering compact,
lightweight, high-performance system solutions to the defense
industry. By strategically aligning our talent, technology, and
resources, we are positioned to create transformative value across
Land, Air, and Sea Defense applications. I am confident this
focused approach will simplify processes for our customers while
setting new performance standards in the industry."
This marks the Company’s first vertical market-focused
initiative, aligning with the rebranding and vertical market
strategy announced at its 2023 Investor Day. The launch was
initiated during the Association of the United States Army (AUSA)
event in October 2024, where Allient introduced this new focus to
industry leaders.
To support this initiative, the Company implemented an internal
restructuring within its various functional units to ensure
success:
- Steve Warzala has been appointed President of the Allient
Defense Solutions BU and will assume the role of Corporate Vice
President.
- Ken May, Allied Motion CTO and Corporate Vice President, will
lead ADS systems engineering and program support services.
- Dave MacMillan, Senior Director of Business Development, will
lead the expanded ADS business development efforts and the
dedicated ADS sales team.
- Brandon Hunter has been named General Manager for Allient -
London, Ontario (formerly FPH), Allient’s structural and
lightweighting composites Technology Unit.
- Jesse Dowd is the new General Manager for Allient - Rochester
(formerly Ormec), the Technology Unit responsible for leading Servo
Control Solutions development for all markets and Custom Critical
Solutions development for the Aerospace & Defense markets.
The restructuring includes Allient’s Global Engineering Team
(GET), led by Ken May, to accelerate decision making and product
development efforts and ensure they are more closely aligned with
Allient’s customers and markets. GET resources will be redeployed
and aligned with ADS or other Allient BUs. A streamlined Corporate
GET Team will uphold the discipline of using common development
tools, processes, training, standards, and quality control
measures, fostering a cohesive, “One Team” approach throughout the
Company.
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 aligning its talent, technology, and resources to create
new applications and performance standards in the defense industry,
benefits from simplifying processes for customers, the Company’s
ability to integrate its comprehensive technology offerings, and
the cost of implementing such actions. 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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version on businesswire.com: https://www.businesswire.com/news/home/20241211432916/en/
Investor Contacts: Deborah K. Pawlowski / Craig P.
Mychajluk Alliance Advisors IR 716-843-3908 / 716-843-3832
dpawlowski@allianceadvisors.com cmychajluk@allianceadvisors.com
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