Allient Inc. (NasdaqGM:ALNT) acquired SNC Manufacturing Co., Inc. for $20 million on January 11, 2024. SNC Manufacturing Co., Inc. reported revenue of approximately $40 million for the trailing twelve months. Jim Koepke the current President and COO of SNC will continue to lead SNC under Allient as the VP and General Manager of the Technology Unit. SNC?s leadership team will be staying with the business.

Allient Inc. (NasdaqGM:ALNT) completed the acquisition of SNC Manufacturing Co., Inc. on January 11, 2024.