Columbus McKinnon Corp - Company Profile
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Columbus McKinnon Corp (CMCO) is an industrial equipment company that offers cranes and hoists. The company designs, manufactures and markets material handling systems and services, which are used for moving, lifting, positioning and securing materials. Its products include hoists, actuators, cranes and rigging tools. CMCO’s hoists include hand chain hoists, lever hoists, air chain hoist, air wire rope hoist, electric chain hoist, electric wire rope hoists, manual trolleys and powered trolleys. The company offers jib crane such as base-mounted pillar and wall mounted; loderail, which include enclosed track and freestanding and ceiling mounted and crane components such as integrated rotating axle top running end trucks, under running channel type end trucks and high-cap single girder under running end trucks. It provides its services to the commercial and industrial sectors. The company operates through its offices in Germany, the UK, South Africa, Brazil and Mexico. CMCO is headquartered in Getzville, New York, the US
Headquarters
United States of America
Address
13320 Ballantyne Corporate Place, Suite D, Charlotte, North Carolina, 28277
Website
www.columbusmckinnon.com
Telephone
1 716 6895400
No of Employees
3,392
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
CMCO (NASD)
Revenue (2023)
$936.2M
3.3%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
63.3%
(2023 vs 2022)
Market Cap*
$1.2B
Net Profit Margin (2023)
XYZ
58.1%
(2023 vs 2022)
* As of and is in US$
Columbus McKinnon Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Products | Yale |
| Manual Hoists: | CM |
| Hand Chain Hoists | Magnetek |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In May, the company acquired montratec GmbH for US$124 million. |
| 2021 | Acquisitions/Mergers/Takeovers | In December, the company acquired Garvey Corporation for US$74 million. |
| 2021 | Acquisitions/Mergers/Takeovers | In April, the company acquired Dorner Manufacturing Corporation. |
Competitor Comparison
| Key Parameters | Columbus McKinnon Corp | Axcelis Technologies Inc | Kadant Inc | Graham Corp | CVD Equipment Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Charlotte | Beverly | Westford | Batavia | Central Islip |
| State/Province | North Carolina | Massachusetts | Massachusetts | New York | New York |
| No. of Employees | 3,392 | 1,620 | 3,100 | 538 | 136 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gerald Colella | Chairman | Executive Board | 2023 | - |
| David J. Wilson | President; Chief Executive Officer; Director | Executive Board | 2020 | - |
| Gregory P. Rustowicz | Senior Vice President - Finance; Chief Financial Officer | Senior Management | - | - |
| Adrienne M. Williams | Senior Vice President; Chief Human Resources Officer | Senior Management | 2021 | - |
| Alan S. Korman | Vice President - Corporate Development; General Counsel; Secretary | Senior Management | 2011 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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