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In The News:

Allied Motion Sales Up 23.3% in 2018

Motion control manufacturer Allied Motion Technologies Inc. (NASDAQ: AMOT), Amherst, NY, reported 2018 sales of $310.6 million, a 23.3% increase from 2017. Profit increased from $8 million to $15.9 million.

Sales for the fourth quarter were $73.9 million, a 13.2% increase year-over-year. Fourth-quarter profit grew from $0.1 million to $2.6 million.

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