The change is part of Allied's strategy to 'transform from a products-based business in motion control to a solutions-oriented company.'
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For all of 2022, revenue was $503 million an increase of 25% over 2021, Allied said in its recent earnings announcement.
The electromagnetic components manufacturer said Ken May has been named corporate vice president and chief technology officer.
Airex, an electromagnetic components manufacturer based in Somersworth, New Hampshire, is expected to expand Allied's motor offerings.
In May, the packaging and jan/san distributor notched its 50th acquisition under current leadership. Weeks earlier, private equity firm Advent International agreed to acquire a large stake in the company.
The company says it acquired FPH, a developer of electrical drive systems and light weighting technologies for defense vehicles.
The designer and manufacturer of precision and specialty-controlled motion products and solutions completed the deal announced May 9.
