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Columbus McKinnon to Acquire Magnetek, Inc.
2015-08-03 12:31:10| Industrial Newsroom - All News for Today
Expands Product Offering for Controls and Drives Integration of complementary leaders in power controls and hoists creates compelling new product solutions Measurable upside for global growth and product line expansion Excellent strategic and cultural fit between two market leaders Long-term and immediate...
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Columbus McKinnon reports $6.9 million profit in 1Q
2015-07-31 19:20:37| Industrial Machines - Topix.net
Columbus McKinnon made a $6.9 million profit in its first quarter, a 2.6 percent increase over the previous year. Company sales were down 4.7 percent to $136.2 million, as the Amherst-based took a $8.9 million hit because of foreign currency exchange.
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Magnetek Inc (MAG) Bought By Columbus McKinnon Corp. (CMCO) And The Hedge Funds That Profited
2015-07-27 21:39:21| Industrial Machines - Topix.net
Shares of Magnetek Inc are up by over 53% in trading today as the producer of power supply systems for the material handling industry was bought by one of the leading producers of material handling products, McKinnon Corp. . Shares of McKinnon meanwhile are up slightly after briefly vaulting by nearly 10% earlier in the day.
Magnetek Inc (MAG) Bought By Columbus McKinnon Corp. (CMCO) And The Hedge Funds That Profited
2015-07-27 21:01:28| Electronics - Topix.net
Shares of Magnetek Inc are up by over 53% in trading today as the producer of power supply systems for the material handling industry was bought by one of the leading producers of material handling products, McKinnon Corp. . Shares of McKinnon meanwhile are up slightly after briefly vaulting by nearly 10% earlier in the day.
Columbus McKinnon to celebrate 175 years by ringing closing bell
2015-07-04 10:09:15| Industrial Machines - Topix.net
One of the Buffalo area's oldest manufacturers will mark its 175th anniversary by closing the NASDAQ market on Monday, July 7. Columbus McKinnon Corp. has been invited to Times Square to mark the occasion. Timothy Tevens , the company's chief executive officer, will ring the closing bell at 4 p.m. Headquartered in Amherst, Columbus McKinnon designs, manufactures and markets material handling products and systems.
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