Latest In Power Transmission/Motion Control/Fluid Power
Elizabeth Burger named senior vice president and chief human resources officer.
Bryan Larson promoted to senior vice president, finance and administration, Kaman Distribution Group.
Distributors fourth-quarter sales grow nearly 20 percent.
Allied Motion reports fourth-quarter sales of $65.4 million.
Fourth-quarter sales up 9.4 percent year-over-year.
The agreement includes the power generator product and after-sale support services of the business.
Total company sales grew by 10 percent.
Profit for the Swedish manufacturer rose 29.2 percent for the year.
The addition will enable Allied to provide a fully integrated steering system solution.
Fluid power & flow control business will reach close to 40 percent of revenue.
