Buffalo, New York-based manufacturer Allient will acquire Oshkosh, WI-based SNC Manufacturing Co. Inc., a global manufacturer of electrical transformers serving blue-chip customers in defense, industrial automation, alternative power generation and energy.
SNC’s offerings are complementary to Allient’s current power quality capabilities while also providing needed incremental, low-cost manufacturing capacity, Allient officials said in a Jan. 11 news release.
SNC — which has three locations, 440 employees and manufacturing facilities in Mexico and China — will become a Technology Unit of Allient within the Allied Power Technology Pillar.
“The business will also provide expanded opportunities to leverage sales channels and, additionally, we will gain much-needed manufacturing capacity and expertise to further grow our power quality business,” Richard S. Warzala, Chairman, President and CEO of Allient, a manufacturer of precision and specialty motion, controls and power products and solutions.
He added: “We are confident that through the utilization of Allient Systematic Tools we are in a good position to leverage our expertise to drive productivity and margin improvements over time.
SNC’s leadership team will be staying with the business. Jim Koepke, the current President and Chief Operating Officer of SNC, will continue to lead SNC under Allient as the VP and General Manager of the Technology Unit. Koepke will report to Allient’s Corporate Vice President and Group President Ashish Bendre.
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