18 unchanged sentences
Recent Events
−Removed: Simplify to Accelerate NOW:
During 2024, the Company commenced the Simplify to Accelerate NOW program.
2 unchanged sentences
On February 6, 2025, the Company announced that consistent with its Simplify to Accelerate NOW strategy, it will expand upon current capabilities and skillsets to create a state-of-the-art Machining Center of Excellence at its facility in Dothan, Alabama.
−Removed: The Company will transfer current assembly operations from Dothan and merge these capabilities into its facilities in Tulsa, Oklahoma and Reynosa, Mexico where Final Assembly, Integration and Test capabilities are the core competencies.
+Added: The Company transferred current assembly operations from Dothan and merged these capabilities into its facilities in Tulsa, Oklahoma and Reynosa, Mexico where Final Assembly, Integration and Test capabilities are the core competencies.
The realignment will improve business focus and better leverage the Company’s footprint to deliver high-precision system solutions for demanding applications in various served markets including Aerospace and Defense, Medical and Electronic Test and Assembly Equipment.
−Removed: One-time costs required to implement the changes are estimated to be approximately $4 to $5 million, primarily related to employee severance and other personnel related expenses, and are expected to be substantially incurred during 2025.
−Removed: The initiative is expected to support our goal of driving an additional $6 to $7 million in annualized cost savings.
−Removed: government has proposed updating existing trade policies with Mexico, China, and other countries.
−Removed: These updates include potential tariffs on a wide range of products and good imported to the U.S.
−Removed: We have significant manufacturing in Mexico and China as well as globally throughout the world.
−Removed: Official government policies and agreements will be monitored for potential impacts to our business.
−Removed: In 2024 we continued to refine our strategy to expand our vertical market focus to accelerate our growth.
+Added: One-time costs required to implement the changes in 2025 were approximately $4 million, primarily related to employee severance and other personnel related expenses, and have been substantially incurred and paid during 2025.
+Added: The initiative supported our goal in driving over $6 million in additional annualized cost savings.
+Added: Throughout 2024 and into 2025, we continue to refine our strategy to expand our vertical market focus to accelerate our growth.
Throughout its history, the Company has expanded our capabilities to be a leading global provider of motion solutions.
8 unchanged sentences
We, our customers, and our suppliers also experienced the effect of a higher interest rate environment.
−Removed: While gross domestic products began to rebound in 2023 from the widespread impacts of inflation, increasing interest rates, and other restrictive financial conditions in 2022, the factors contributing to supply chain disruptions, labor shortages, and global inflation remained persistent through 2023 and 2024, along with continued elevated geopolitical instability.
−Removed: There are varying degrees of impact on our customers, and thus our business around the world, with Europe experiencing the greatest amount of stress in 2023 and 2024.
+Added: While gross domestic products began to rebound in 2023 from the widespread impacts of inflation, increasing interest rates, and other restrictive financial conditions in 2022, the factors contributing to supply chain disruptions, labor shortages, and global inflation remained persistent, along with continued elevated geopolitical instability.
+Added: There are varying degrees of impact on our customers, and thus our business around the world.
+Added: The U.S government has proposed and implemented certain updates to existing foreign trade policies.
+Added: These updates include new and increased tariffs, or potential tariffs, on a wide range of products and goods imported to the U.S., and certain countries have responded with reciprocal tariffs and/or trade restrictions.
+Added: We have manufacturing operations in Mexico, China, and Europe, amongst other locations globally throughout the world, and source certain components from locations that may be impacted by these policy changes.
+Added: government tariffs and trade policies, as well as court rulings and their implications, continue to be closely monitored and our operations remain agile in making adjustments to minimize potential impacts to our business.
The current geopolitical conflicts are creating higher levels of economic uncertainty and increased volatility with respect to energy prices, interest rates, our supply chain (in particular, with respect to proposed changes to tariffs and trade policies), and certain customer ordering patterns.
1 unchanged sentence
The impact of the conflicts on our operational and financial performance will depend on future developments that cannot be predicted.
−Removed: Changing order patterns, supply chain disruptions, and the evolution of our business required us to carry larger inventories in 2024 and 2023 to meet the needs of our customers, especially as they return to a new normal after the disruptions caused by the COVID-19 pandemic.
+Added: Changing order patterns, supply chain disruptions, and the evolution of our business required us to carry larger inventories in recent years to meet the needs of our customers.
In addition, aerospace and defense customers ordering patterns continue to change quickly based on the geopolitical conflicts and sovereign governments priorities and budgets to address those conflicts.
5 unchanged sentences
On September 22, 2023, the Company acquired 100% of the interest in Sierramotion Inc.
−Removed: (“Sierramotion”), a privately-owned company specializing in designing and engineering turn-key motion components and mechatronic (mechanical, electrical, and control) solutions for robotic, medical, industrial, defense, semiconductor,
−Removed: and other precision applications.
+Added: (“Sierramotion”), a privately-owned company specializing in designing and engineering turn-key motion components and mechatronic (mechanical, electrical, and control) solutions for robotic, medical, industrial, defense, semiconductor, and other precision applications.
Sierramotion has experience and know-how designing and applying products in electro-mechanical systems with moving magnets or moving coils for rotary, linear, and arc shaped applications.
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We design and develop our products within our Technology Centers and can manufacture these products and solutions in various facilities located in the United States, Canada, Mexico, Europe and Asia-Pacific.
−Removed: We also operate Allient Solution Centers that evaluate and focus all Allient products to create integrated controlled motion solutions for our
+Added: We also operate Allient Solution Centers that evaluate and focus all Allient products to create integrated controlled motion solutions for our customers.
We sell our products and solutions globally to a broad spectrum of customers through our own direct sales force and authorized manufacturers’ representatives and distributors.
11 unchanged sentences
Backlog as of December 31, 2025 was $232,925 compared with $230,788 as of December 31, 2024.
−Removed: Included in backlog as of December 31, 2024 is $7,353 from the acquisition completed in 2024.
−Removed: The decrease in our backlog year over year reflects decreases within each of the target markets, most significantly in Vehicle.
−Removed: Decreases in revenues compared to the prior year period are largely impacted by elevated shipments during the prior year period as supply chains normalized, combined with elevated inventory levels and slowing demand at our customers .
+Added: The increase in our backlog year over year reflects increases within certain target markets, most significantly in Industrial and Aerospace and Defense.
+Added: Strong results in the Industrial market was driven by increased demand in power quality solutions supporting data center infrastructure.
+Added: This is partially offset by decreases in Vehicle due to reduced demand in power sports and truck applications.
The time to convert the majority of backlog to sales is approximately three to nine months.
3 unchanged sentences
Major Customers
−Removed: No customers exceed 10% of total sales in 2024.
−Removed: Sales to one customer (Customer A) were 10% of total sales in 2023 and to another customer (Customer B) were 12% of total sales in 2023.
+Added: No customers exceed 10% of total sales in 2025 or 2024.
We believe the broad diversification of the target markets and customers we serve reduces our exposure to negative developments with any single customer.
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Unlike many of our competitors, we are unique in our ability to provide custom-engineered controlled motion solutions that integrate the products we manufacture such as embedded or external electrical control solutions with our motors.
−Removed: We compete on technological capabilities, quality, reliability, service responsiveness, delivery speed and price.
+Added: We compete on
+Added: technological capabilities, quality, reliability, service responsiveness, delivery speed and price.
Our competitors include Ametek, Inc., Parker Hannifin Corporation, Regal Rexnord, and other smaller competitors.
11 unchanged sentences
We consider the component parts of our different product lines to be generally available and current suppliers to be reliable and capable of satisfying anticipated needs under normal conditions.
−Removed: As discussed herein, because of the supply chain disruptions, we have experienced increased costs and have purposely increased certain inventories to manage global supply chain issues.
+Added: As discussed herein, because of the supply chain disruptions, we have experienced increased costs and have, at times, purposely increased certain inventories to manage global supply chain issues.
Engineering and Development Activities
Our engineering and development (E&D) activities are for the development of new products, enhancement of the functionality, effectiveness and reliability of current products, to redesign products to reduce the cost of manufacturing of products or to expand the types of applications for which our products and solutions can be used.
−Removed: Our engineering and development expenditures for the years ended December 31, 2024 and 2023 were $39,761 and $41,665, respectively, or 7% of sales in both 2024 and 2023.
+Added: Our engineering and development expenditures for the years ended December 31, 2025 and 2024 were $38,836 and $39,761, respectively, or 7% and 8% of sales in 2025 and 2024, respectively.
We believe E&D is critical to our ongoing success and expect to continue to invest at similar levels in the future.
1 unchanged sentence
Sustainability
−Removed: On December 6, 2024, Allient published its second annual Sustainability Report covering the Company’s fiscal year 2023.
+Added: In February 2026, Allient published its third annual Sustainability Report covering the Company’s fiscal year 2024.
The report highlights Allient’s vision for and approach to corporate sustainability and details key initiatives it is undertaking in the areas of environmental stewardship, social responsibility and well-being, and corporate governance.
3 unchanged sentences
We monitor existing and pending climate legislation, regulation, and international treaties and accords to evaluate any potential impact on our future results of operations, capital expenditures or financial position.
−Removed: The Board of Directors provides oversight as part of their environmental, social and governance (“ESG”) initiatives and we will continue to monitor emerging developments and assess our performance in this area.
−Removed: We may face additional economic and
−Removed: operational impacts from ESG regulations as well as impacts from our suppliers and customers as they adhere to the laws and regulations.
+Added: The Board of Directors
+Added: provides oversight as part of their environmental, social and governance (“ESG”) initiatives and we will continue to monitor emerging developments and assess our performance in this area.
+Added: We may face additional economic and operational impacts from ESG regulations as well as impacts from our suppliers and customers as they adhere to the laws and regulations.
International Operations
36 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.