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Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News

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BatteryStar™ Hoist Further Strengthens Columbus McKinnon's Position as a Leader in Intelligent Lifting Technology   Passenger Hoist

Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News

CHARLOTTE, N.C. , Dec. 10, 2024 /PRNewswire/ -- 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, is pleased to announce that its new BatteryStar™ Battery-Powered Chain Hoist was named 2024 'Product of the Year' in the Overhead Handling category by Material Handling Product News. BatteryStar was chosen by readers to receive the award, honoring its achievement of advancing material handling systems and equipment within manufacturing, distribution, and warehouses.

"The BatteryStar is a state-of-the-art lifting tool that represents the next step in lifting innovation, combining the lifting strength and speed of an electric chain hoist with the portability of a manual hoist," said David Wilson , President and Chief Executive Officer. "We are thrilled to receive this award for this first-of-its-kind technology, as it's a testament to our customer-centric focus on innovation. Early demand has exceeded our expectations since the product's launch in the second quarter and we're excited by the long-term potential of this new product category."

The BatteryStar combines Columbus McKinnon's industry-leading hoist design with best-in-class, lithium-ion battery and brushless motor technology. The result is a first-of-its-kind hoist that 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. Built for convenience, operators can simply snap in a battery, and they are ready to lift. When a replacement battery is needed, the BatteryStar allows an operator to replace the battery quickly and easily for minimal operation interruption.

The BatteryStar is sold by Columbus McKinnon under the CM® brand in North America and Latin America and the Yale ® brand in Europe , the Middle East , Africa , and Asia Pacific . To learn more, visit www.cmco.com.

About Columbus McKinnon
Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning, and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how.  Comprehensive information on Columbus McKinnon is available at www.cmco.com.

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CHARLOTTE, NC, Oct. 30, 2024 /PRNewswire/ -- 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 second quarter, which ended September 30, 2024.  Second Quarter 2025 Highlights (compared with prior-year period, except where otherwise noted) Orders increased 16% with a book-to-bill ratio of 1.08x; Precision conveyance up 42%Net sales decreased 6% to $242.3 million reflecting impacts relate

CHARLOTTE, N.C., Oct. 21, 2024 /PRNewswire/ -- 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. The dividend will be payable on or about November 18, 2024, to shareholders of record at the close of business on November 8, 2024. Columbus McKinnon has approximately 28.7 million shares of common shares outstanding. About Columbus McKinnonColumbus McKinnon is a leading

CHARLOTTE, N.C., Oct. 16, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (NASDAQ:CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its second quarter fiscal 2025 results before the markets open on Wednesday, October 30, 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 Invest

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BatteryStar™ Hoist Further Strengthens Columbus McKinnon's Position as a Leader in Intelligent Lifting Technology   CHARLOTTE, N.C., Dec. 10, 2024 /PRNewswire/ -- 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, is pleased to announce that its new BatteryStar™ Battery-Powered Chain Hoist was named 2024 'Product of the Year' in the Overhead Handling category by Material Handling Product News. BatteryStar was chosen by readers to receive the award, honoring its achievement of advancing material handling systems and equipment within manufacturin

CHARLOTTE, N.C., Nov. 6, 2024 /PRNewswire/ -- Columbus McKinnon Corporation (NASDAQ:CMCO) ("Columbus McKinnon" or the "Company"), today announced that it will present at the Baird 2024 Global Industrials Conference on November 14, 2024, at approximately 1:35 p.m. Eastern Time. The live audio webcast will be available via the Columbus McKinnon Investor Relations webpage at investors.cmco.com. A replay of the webcast will be available on the Company's Investor Relations page shortly following the presentation at least through November 28, 2024. About Columbus McKinnonColumbus Mc

CHARLOTTE, NC, Oct. 30, 2024 /PRNewswire/ -- 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 second quarter, which ended September 30, 2024.  Second Quarter 2025 Highlights (compared with prior-year period, except where otherwise noted) Orders increased 16% with a book-to-bill ratio of 1.08x; Precision conveyance up 42%Net sales decreased 6% to $242.3 million reflecting impacts relate

JP Morgan initiated coverage of Columbus McKinnon with a rating of Overweight and set a new price target of $53.00

JP Morgan downgraded Columbus McKinnon from Overweight to Neutral and set a new price target of $37.00

Craig Hallum downgraded Columbus McKinnon from Buy to Hold and set a new price target of $35.00 from $60.00 previously

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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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240318970869/en/(Photo: Business Wire) "We're pleased to add Chris's skills and experience to our talented Board as we continue to execute on our transformation and growth strategy," said David Wilson, P

Richard Fleming stepping down as Board Chair and retiring from the Board at the end of his current term following 24 years of service Gerald Colella, current independent director, appointed as successor for Chair of the Board Kathryn Roedel, current independent director and immediate past Chair of the Nominating and Governance Committee, appointed to new role as Lead Director Columbus McKinnon Corporation (the "Company")(NASDAQ:CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced that Richard Fleming has stepped down from his role as Chairman of the Board at the conclusion of the Company's fiscal year which end

Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News

Portable Gantry Crane With Electric Hoist Columbus McKinnon Corporation (NASDAQ:CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced the appointment of Rebecca Yeung, Corporate VP, Operations Science & Advanced Technology, FedEx Corporation (NYSE:FDX) to its Board of Directors, effective January 9, 2023. The addition of Ms. Yeung as an independent director brings Columbus McKinnon's Board to eleven directors of which ten are independent. Ms. Yeung will serve on the Corporate Governance and Nominations Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230109005834/en/Columbus McKinnon Appoints