Allient Plans Up to $15 Million in FY2026 CapEx as Backlog Hits Record
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Allient Inc. plans to spend $12 million to $15 million on capital projects in fiscal 2026 as it works through a record $351.5 million backlog, with most expected to convert within six to 12 months. Third-quarter revenue rose 18% to $164.4 million, and gross margin increased 330 basis points to a record 36.6%. Chairman, CEO and President Richard Warzala said, “We delivered record revenue, record margins and record orders. It was a breakout quarter across both the P&L and the order book.” Management credited most of the margin improvement to product mix and also cited better operating leverage as operations…
Source: TokenPost
