Motion control manufacturer Allied Motion Technologies Inc. (NASDAQ: AMOT), Amherst, NY, reported 2016 sales of $245.9 million, a 5.8 percent increase from 2015. Profit decreased 18 percent to $9.1 million.
Sales for the fourth quarter were $55.3 million, an 8.8 percent increase year-over-year. Profit increased 2 percent to $0.7 million.
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