Allient Inc. Acquires SNC Manufacturing Co., Inc.

Allient Inc. (Nasdaq: ALNT) acquired SNC Manufacturing Co., Inc., a designer and manufacturer of electrical transformers, to expand its power capabilities and add low-cost manufacturing capacity. SNC, headquartered in Oshkosh, Wisconsin, has approximately 440 employees and ~$40 million in trailing twelve-month revenue and will operate as a Technology Unit within Allient's Allied Power pillar.