CMCO News and Press, Columbus McKinnon Corporation From 04/05/21

Short-cycle recoveries in autos and manufacturing have picked up steam, and Kennametal could post organic growth in FQ3'21, but the margin outlook remains cloudy on meaningful mix volatility (lower aerospace). Self-help should pay dividends in the coming quarters as the manufacturing ...

BUFFALO, N.Y., April 05, 2021 (GLOBE NEWSWIRE) -- Downtime caused by unexpected maintenance is expensive. To help address this, Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, introduces Intelli-Connect...

Columbus McKinnon is investing in R&D and M&A to upgrade its material handling assortment and play a bigger role in emerging automation opportunities in manufacturing and logistics. Dorner is a meaningful step in the right direction, as this manufacturer of precision conveyor ...

As President Joe Biden prepares to assemble a promised infrastructure package after the passage of his COVID-19 relief bill, infrastructure stocks should attract significant investor attention in the coming months. Fundamentally sound stocks in this sector, such as Builders FirstSource, Inc. ...

Columbus McKinnon has been slowly transforming the business in recent years, with some real (margin) success. After having made it through COVID-19 quite well, Columbus is using its strength to announce a relatively large deal. I like the moves made by the company, yet as expectat...

With market volatility back, investors should keep an eye on upgraded stocks in our POWR Ratings system. Stocks that are rated a Buy or Strong Buy have proven to have a higher chance of outperforming. Here three recently upgraded stocks worth a look: Broadcom (AVGO), Columbus McKinnon (CMCO),...

Columbus McKinnon (CMCO) agrees to acquire conveyor systems maker Dorner Manufacturing from P-E firm EQT in a deal worth $485M.Columbus says Dorner has achieved 12% compound annual growth rate over the last five years, outpacing 6%-8% industry growth rates.Dorner is a leading supplier to the ...

EQT Private Equity to sell Dorner to Columbus McKinnon for an Enterprise Value of USD 485m PR Newswire - Dorner is a leading global provider of high precision conveyor solutions in the attractive automation industry with a focus on enhancing productivity, safety, cost an...

Adds leading automation solutions platform with differentiated technology in high-precision conveying systems for attractive growth markets Acquisition expands intelligent motion capabilities and aligns with Blueprint for Growth 2.0 strategy Deepens reach into strong...

Columbus McKinnon Corporation (CMCO) Q3 2021 Results Earnings Conference Call January 28, 2021, 10:00 AM ET Company Participants Deborah Pawlowski - Investor Relations David Wilson - President and Chief Executive Officer Greg Rustowicz - Chief Financial Officer Conference Call Participants Mi...