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Refinancing package will cut Columbus McKinnon debt

2015-01-26 20:10:46| Industrial Machines - Topix.net

The manufacturer announced two new loan vehicles - a $150 million senior secured revolving credit facility and $125 million delayed-draw senior secured term loan - which have five-year terms maturing in 2020. Company leadership said the move is expected to pay for itself within a year.

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Columbus McKinnon Acquires Stahlhammer Bommern GmbH (STB)

2015-01-08 11:30:50| Industrial Newsroom - All News for Today

Expands Rigging Tool Offering of High Capacity Lifting Hooks to 2,000 Tons Augments Current Lifting Hook Offering to Include a Variety of Different Hook Types STB Has Been a Trusted Supplier to Crane and Block OEM Suppliers in Europe and Asia for Over 100 Years AMHERST, N.Y.  Columbus McKinnon Corporation...

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Columbus McKinnon buys German co. for $30M

2015-01-05 17:05:31| Industrial Machines - Topix.net

The roughly $30 million acquisition includes the equity of Stahlhammer Bommern GmbH for $24.6 million in cash and assumption of about $6.6 million in debt. The deal also includes a potential $3.7 million earn-out, subject to growth targets through 2015.

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Columbus McKinnon Corp. Lifted to "Outperform" at Zacks

2014-12-26 09:25:25| Industrial Machines - Topix.net

The firm currently has a $30.40 price objective on the stock. Zacks 's target price indicates a potential upside of 9.20% from the company's current price.

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Columbus McKinnon to Participate in RBC Capital Markets' Global Industrials Conference and CL ...

2014-08-26 06:00:00| Industrial Newsroom - All News for Today

AMHERST, N.Y. &ndash; Columbus McKinnon Corporation (Nasdaq:CMCO), a leading designer, manufacturer and marketer of material handling products, announced today that company executives will participate in two investor conferences on Tuesday, September 9, 2014.<br /> <br /> President and Chief Executive Officer Timothy T. Tevens will participate in and host investor meetings at RBC Capital Markets&#39; Global Industrials Conference in Las Vegas. Columbus McKinnon&#39;s fireside chat is scheduled ...

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