Allied Motion Technologies, Inc. was formerly known as Hathaway Corporation.
Hathaway was incorporated in Colorado in 1962 as Hathaway Instruments, Inc.,
a manufacturer of power monitoring instrumentation.
In 1982, the company's name was changed to Hathaway Corporation at which
time motion control products had become an important part of the company's
business.
In July 2002, Hathaway sold its power and process instrumentation business
to Danaher Corporation.
The Hathaway brand name remained with the divested power business, and so
in October 2002 Allied Motion Technologies was adopted as the company's
new
name, a name in keeping with the company's exclusive focus on the motion
control industry.
Also in July 2002, Allied Motion acquired Motor Products Corporation, its
first acquisition since adopting its new motion control strategy. At the
time of the MPC acquisition, Allied Motion had two other motion control
companies: Computer Optical Products, Inc. (COPI) and Emoteq Corporation.
In May of 2004, Allied Motion acquired Stature Electric, Inc. of Watertown,
NY. Stature brought new markets and additional capabilities in geared motor products to
Allied Motion.
Then in August of 2004 Allied Motion acquired Precision Motor Technology
B.V. (Premotec) of The Netherlands. Premotec added smaller, precision brush
and brushless motor products and technologies in addition to a presence
in the European market.
Together, these five companies form the core of Allied Motion today, and
are the foundation upon which Allied will build its future as a leading
supplier in the motion control industry.
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