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Columbus McKinnon Corporation - Common Stock (CMCO)

36.42
-0.28 (-0.76%)

Columbus McKinnon Corporation is a leading designer, manufacturer, and marketer of material handling and lifting equipment, which includes hoists, cranes, and other related products

The company serves a variety of industrial sectors, offering innovative solutions that enhance safety, efficiency, and productivity in the movement of materials. With a strong focus on engineering and technology, Columbus McKinnon develops advanced products tailored to meet the specific needs of its customers, while also providing essential services such as training and maintenance. The company is dedicated to fostering a culture of operational excellence and sustainability in the material handling industry.

SummaryNewsPress ReleasesChartHistoricalFAQ
Columbus McKinnon Reports Continued Sales Growth and Gross Margin Expansion in Q1 FY25; Reaffirms FY25 Guidance
Columbus McKinnon Corporation (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 2025 first quarter, which ended June 30, 2024.
By Columbus McKinnon Corporation · Via Business Wire · July 31, 2024
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · July 22, 2024
Columbus McKinnon to Host First Quarter Fiscal 2025 Earnings Conference Call on July 31, 2024
Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its first quarter fiscal 2025 results before the markets open on Wednesday, July 31, 2024.
By Columbus McKinnon Corporation · Via Business Wire · July 17, 2024
Columbus McKinnon Publishes Fourth Annual Corporate Sustainability Report
Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, today announced the publication of its fourth annual Corporate Sustainability Report. This year, the report provides details on Columbus McKinnon’s performance highlights and progress made through fiscal 2024 on key sustainability initiatives.
By Columbus McKinnon Corporation · Via Business Wire · June 17, 2024
Columbus McKinnon to Present at the Wells Fargo 2024 Industrials Conference
Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced that it will present at the Wells Fargo 2024 Industrials Conference on June 11, 2024, at approximately 3:15 p.m. Eastern Time.
By Columbus McKinnon Corporation · Via Business Wire · June 10, 2024
Columbus McKinnon Reports Record Net Sales, Gross Margin and Operating Income in Fiscal 2024
Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its full year and fourth quarter fiscal 2024, which ended March 31, 2024. Results include the addition of montratec®, which was acquired on May 31, 2023 ("the acquisition").
Columbus McKinnon to Host Fourth Quarter and Full Year Fiscal 2024 Earnings Conference Call on May 29, 2024
Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its fourth quarter and full year fiscal 2024 results before the markets open on Wednesday, May 29, 2024.
Columbus McKinnon and Milwaukee Tool Announce Development of First-of-Its Kind Battery-Powered Chain Hoist Combining Industry-Leading Hoist and Battery Technology
Columbus McKinnon Corporation (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 and speed of an electric chain hoist and the portability of a manual hoist without the need for time-consuming manual operation or access to a power source.
By Columbus McKinnon Corporation · Via Business Wire · March 20, 2024
Columbus McKinnon Announces Successful Completion of Term Loan B Repricing
Columbus McKinnon Corporation (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 savings of approximately $2.5 million. Fees and expenses related to the repricing were approximately $1.1 million.
By Columbus McKinnon Corporation · Via Business Wire · March 19, 2024
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · March 18, 2024
Columbus McKinnon Announces Appointment of Chris Stephens Jr. to Board of Directors
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · March 18, 2024
Columbus McKinnon Reports 33% Operating Income Growth on 10% Net Sales Growth for Third Quarter Fiscal Year 2024
Columbus McKinnon Corporation (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").
By Columbus McKinnon Corporation · Via Business Wire · January 31, 2024
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · January 22, 2024
Columbus McKinnon to Host Third Quarter Fiscal 2024 Earnings Conference Call on January 31, 2024
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · January 17, 2024
Columbus McKinnon Announces Kristine Moser as Vice President, Investor Relations and Treasurer
Columbus McKinnon Corporation (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 have responsibility for Columbus McKinnon’s treasury operations.
By Columbus McKinnon Corporation · Via Business Wire · January 2, 2024
Columbus McKinnon to Webcast Presentation at Sidoti Small Cap Conference
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · November 30, 2023
Columbus McKinnon Reports Record Sales and Operating Income for Second Quarter Fiscal Year 2024
Columbus McKinnon Corporation (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").
By Columbus McKinnon Corporation · Via Business Wire · November 1, 2023
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · October 23, 2023
Columbus McKinnon Announces Second Quarter Fiscal 2024 Conference Call and Webcast
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · October 18, 2023
Columbus McKinnon Board Member, Jeanne Beliveau-Dunn, Recognized as NACD Directorship 100™ Honoree
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · September 21, 2023
Columbus McKinnon Sales Increased 7% for First Quarter Fiscal Year 2024
Columbus McKinnon Corporation (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”).
By Columbus McKinnon Corporation · Via Business Wire · August 2, 2023
Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · July 24, 2023
Columbus McKinnon Announces First Quarter Fiscal 2024 Conference Call and Webcast
Columbus McKinnon Corporation (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.
By Columbus McKinnon Corporation · Via Business Wire · July 19, 2023
Columbus McKinnon Continues to Advance Leading Governance Structure with Changes in Bylaws
Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced that on July 11, 2023, the Board of Directors (the “Board”) approved and adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective the same day. The Amended and Restated Bylaws designate any state court located in the State of New York (a “New York Court”) (or, in the event that a New York Court does not have jurisdiction, a federal district court in the State of New York) as the exclusive forum for certain legal actions involving the Company unless the Company selects or consents to the selection of an alternative forum.
By Columbus McKinnon Corporation · Via Business Wire · July 13, 2023
Columbus McKinnon Successfully Completes Planned Refinancing
Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced that it amended and expanded its Credit Agreement to increase its Term Loan B borrowings by an additional $75 million under the agreement (“Incremental Term Loan B”). Following the amendment, total borrowings under the Term Loan B, which matures in May 2028, are approximately $537.6 million.
By Columbus McKinnon Corporation · Via Business Wire · June 26, 2023