Allied Motion Sales Up 19% in 2019 - Modern Distribution Management

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Allied Motion Sales Up 19% in 2019

Sales for the fourth quarter were $87.9 million, a 19% increase year-over-year.
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Motion control manufacturer Allied Motion Technologies Inc. (NASDAQ: AMOT), Amherst, New York, reported 2019 sales of $371.1 million, a 19% increase from 2018. Profit increased 7% to $17 million.

Sales for the fourth quarter were $87.9 million, a 19% increase year-over-year. Fourth-quarter profit grew from $2.6 million to $3.5 million.

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