reports
Columbus McKinnon and Milwaukee Tool Announce Development of First-of-...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO)(“Company” “Columbus McKinnon”), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, and Milwaukee Tool, a global leader in delivering innovative solutions to the professional construction trades, today announced the joint development of a first-of-its-kind battery hoist. Combining Columbus McKinnon’s industry-leading hoist design with Milwaukee Tool’s expertise in lithium-ion battery and brushless motor technology, the innovative BatteryStar™ hoist provides the lifting strength ...
Columbus McKinnon Announces Successful Completion of Term Loan B Repri...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced that it successfully completed the repricing of its $497.6 million senior secured Term Loan B (“TLB”). The repricing is net leverage neutral and reduces the interest rate margin applicable to the TLB by 25 basis points to SOFR plus 2.50% from SOFR plus 2.75% and, with respect to the TLB, removes the credit spread adjustment, which was previously 26 basis points for an interest period of three months. The Company estimates the TLB repricing will produce annualized cash interest expense sav...
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about May 13, 2024, to shareholders of record at the close of business on May 3, 2024. Columbus McKinnon has approximately 28.8 million shares of common stock outstanding. About Columbus McKinnon Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent ...
Columbus McKinnon Announces Appointment of Chris Stephens Jr. to Board...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced the appointment of Chris J. Stephens Jr. to its Board of Directors effective immediately. Stephens will also serve as a member of the Audit Committee and Human Capital, Compensation and Succession Committee leveraging his 35 years of experience in financial and operational leadership. This press release features multimedia. View the full release here: (Photo: Business Wire) “We’re pleased to add Chris’s skills and experience to our talented Board as we continue to execute on our transfor...
Columbus Mckinnon Corp: 1 director
A director at Columbus Mckinnon Corp sold 9,071 shares at 38.500USD and the significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
Columbus McKinnon Reports 33% Operating Income Growth on 10% Net Sales...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2024 third quarter, which ended December 31, 2023. Results include the addition of montratec®, which was acquired on May 31, 2023 ("the acquisition"). Third Quarter Highlights (compared with prior-year period, except where otherwise noted) Orders increased 8% demonstrating continued progress with growth initiatives and included a 23% increase in p...
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about February 20, 2024, to shareholders of record at the close of business on February 9, 2024. Columbus McKinnon has approximately 28.8 million shares of common stock outstanding. About Columbus McKinnon Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of in...
Columbus McKinnon to Host Third Quarter Fiscal 2024 Earnings Conferenc...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its third quarter fiscal 2024 results before the markets open on Wednesday, January 31, 2024. Following the release, management will host a conference call at 10:00 a.m. Eastern Time to review the financial and operating results for the period and discuss its corporate strategy and outlook. The conference call will be available via live webcast on Columbus McKinnon’s Investor Relations webpage, or via phone at 201-493-6780. A...
Columbus McKinnon Announces Kristine Moser as Vice President, Investor...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO)(“Company”), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today named Kristine Moser as Vice President, Investor Relations and Treasurer. In her role, Mrs. Moser will report to Gregory P. Rustowicz, Executive Vice President and Chief Financial Officer, and will be responsible for capital markets activity and building and maintaining communications with investors and analysts regarding the Company’s business model, long term strategy, governance and financial performance. Kristy will also ha...
Columbus McKinnon to Webcast Presentation at Sidoti Small Cap Conferen...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced that Greg Rustowicz, Executive Vice President and Chief Financial Officer, will host a presentation at the Sidoti Small Cap Conference on Thursday, December 7, 2023. The Columbus McKinnon presentation is scheduled to begin at 11:30 a.m. Eastern Time. A live webcast of the presentation, along with accompanying slides will be available at . An archive of the presentation will be available at the same link following the conferen...
Columbus McKinnon Reports Record Sales and Operating Income for Second...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2024 second quarter, which ended September 30, 2023. Results include the addition of montratec®, which was acquired on May 31, 2023 ("the acquisition"). Second Quarter Highlights (compared with prior-year period, except where otherwise noted) Growth strategy drives record sales of $258.4 million, up 12% over same period in the prior year CMBS enables record gross margin of 38.7%; 19...
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about November 20, 2023, to shareholders of record at the close of business on November 10, 2023. Columbus McKinnon has approximately 28.7 million shares of common stock outstanding. About Columbus McKinnon Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of i...
Columbus McKinnon Announces Second Quarter Fiscal 2024 Conference Call...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced today that it will release its second quarter fiscal 2024 results before the markets open on Wednesday, November 1, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. Second Quarter Fiscal 2024 Conference Call Wednesday, November 1 10:00 a.m. Eastern Time Phone: 201-493-6...
Columbus McKinnon Board Member, Jeanne Beliveau-Dunn, Recognized as NA...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced today the selection of Jeanne Beliveau-Dunn, a Board member since March 2020, to the National Association of Corporate Directors (NACD) 2023 NACD Directorship 100™, which honors the most influential leaders in corporate governance. This press release features multimedia. View the full release here: (Photo: Business Wire) “Jeanne’s valuable contributions to our Board are further validated by this recognition from the NACD,” noted Dav...
Columbus McKinnon Sales Increased 7% for First Quarter Fiscal Year 202...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2024 first quarter, which ended June 30, 2023. Results include the addition of montratec®, which was acquired on May 31, 2023 (“the acquisition”). First Quarter Highlights (compared with prior-year period, except where otherwise noted) Strong orders in quarter of $257.0 million with book-to-bill ratio of 1.1x Record backlog of $355.3 million includes $23.4 million from the acquisiti...
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about August 21, 2023, to shareholders of record at the close of business on August 11, 2023. Columbus McKinnon has approximately 28.7 million shares of common stock outstanding. About Columbus McKinnon Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intel...
Columbus McKinnon Announces First Quarter Fiscal 2024 Conference Call ...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that it will release its first quarter fiscal 2024 results before the markets open on Wednesday, August 2, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. First Quarter Fiscal 2024 Conference Call Wednesday, August 2 10:00 a.m. Eastern Time Phone: 412-317-6026 Webcast ...
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