Columbus McKinnon is a global leader in designing, manufacturing, and marketing intelligent motion solutions for material handling, with a broad product portfolio including hoists, crane components, conveyor systems, rigging tools, and digital controls, serving diverse industries worldwide.

# Summary of Columbus McKinnon Corporation

## Business Overview
- **Founded:** 1875
- **Headquarters:** Charlotte, North Carolina, USA
- **Number of Employees:** 3,478 employees as of March 31, 2025
- **Global Presence:** Offices, warehouses, and manufacturing facilities in 25 countries across North America, Latin America, Europe, Middle East, Africa, and Asia

## Core Operations
Columbus McKinnon designs, manufactures, and markets **intelligent motion solutions** for **material handling** applications that involve moving, lifting, positioning, and securing materials efficiently and ergonomically. 

### Key Product Categories
- **Hoists**: Electric, air-powered, manual, explosion-protected hoists, with load capacities up to ~275 tons (brands include Yale, Coffing, Shaw-Box, CM, Pfaff, Little Mule, Chester, etc.)
- **Crane Components and Overhead Cranes**: Aluminum light rail workstations, crane kits, and components (via the STAHL subsidiary)
- **Precision Conveyance Systems**: Highly engineered automated conveyor solutions, including modular and custom systems (brands include Dorner, Garvey, montratec)
- **Rigging Tools and Load Binders**: Alloy and carbon steel chain, forged attachments like hooks and shackles (brand Herc-Alloy™)
- **Digital Power and Motion Control Systems**: AC/DC drive systems, remote controls, brakes, collision avoidance systems (under Magnetek brand)
- **Actuators and Rotary Unions**
- **Specialized Lifting Equipment**: Below-the-hook lifters, custom-engineered solutions
- **Other Products**: Textile slings, clamps, load binders

## Market Verticals
- Manufacturing
- Transportation (including EV production and aerospace)
- Energy and Utilities
- Process Industries (chemical, pharmaceuticals)
- Industrial Automation
- Construction and Infrastructure
- Food and Beverage
- Entertainment (concerts, theaters, sports venues)
- Life Sciences
- Consumer Packaged Goods
- E-commerce and Warehousing

## Revenue and Geographic Breakdown (Fiscal Year Ended March 31, 2025)
- **Total Revenue:** $963.0 million
- **U.S. Revenue:** $537.5 million (56%)
- **Non-U.S. Revenue:** $425.5 million (44%)

## Customer Base
- The company's products are sold primarily through **diverse distribution channels** including industrial/distributor channels, crane builders, EPC firms, rigging shops, entertainment suppliers, and direct sales.
- The **Company's largest markets** include industrial, construction, entertainment, and automation sectors globally.

## Financial Highlights
- **Total Employees:** 3,478 worldwide
- **Revenue (2025):** $963.0 million
- **Net Income (2025):** Loss of $5.1 million (from a profit of $46.6 million in 2024)
- **Total Shareholders’ Equity:** Approximately $882 million
- **Shares Outstanding:** 28,632,239 as of May 23, 2025
- **Market Capitalization:** Approximately $1,026 million as of September 30, 2024 (last business day of the most recent fiscal quarter)
- **Dividends Declared (2025):** $0.07 per share, totaling around $2.0 million in May 2025

## Strategic Focus
- The company’s growth strategy includes acquisitions (notably the recent Kito and montratec acquisitions), expanding into high-growth automation and conveyance markets, geographic expansion, product innovation, and operational excellence via their Columbus McKinnon Business System ("CMBS").
- Major recent acquisition: **montratec GmbH** (automation and conveyor solutions) in May 2023.
- Upcoming acquisition: **Kito Crosby Limited**, expected to close in fiscal 2026, which will significantly expand the company's reach and product offerings.

---

This summary reflects the company's core business activities, products, markets, employee count, revenue, and recent strategic initiatives based solely on the provided document.

Columbus McKinnon Corporation is a leading provider of intelligent motion solutions, specializing in products that move, lift, and secure materials across various industries.

# Columbus McKinnon Corporation

## Company Profile
- Headquarters: Charlotte, North Carolina  
- Employees: 3,515 globally

## Business Focus
Columbus McKinnon provides intelligent motion solutions, designing, manufacturing, and marketing products that move, lift, position, and secure materials with an emphasis on safety, reliability, and quality. The company serves commercial and industrial markets.

## Key Products and Services
- Hoists: Electric chain hoists, wire rope hoists, manual hoists, winches, with load capacities from 1/8 ton to nearly 275 tons.  
- Precision conveyance solutions: High-precision conveyor systems, including modular and custom setups from acquisitions such as Dorner and Garvey.  
- Digital power control systems: AC and DC drive systems, radio remote controls, and safety systems under the Magnetek brand.  
- Actuators and rotary unions: Mechanical and electromechanical devices for multiple industries.  
- Chain and rigging tools: Alloy and carbon steel chains and heavy-duty attachments.  
- Industrial cranes: Overhead cranes and components through the Unified Industries brand.  
- Elevator application drive systems: Drive products for advanced elevator systems.

## Market Presence
- Customers: Serves manufacturing, transportation, energy, food and beverage, life sciences, aerospace, e-commerce, and other industries, with a focus on mission-critical applications.  
- Global reach: Products are sold through various distribution channels and reach end-users in over 50 countries.

## Financial Performance (Fiscal Year Ended March 31, 2024)
- Revenue: Approximately $1.34 billion  
  - U.S. Revenue: $574.8 million (57%)  
  - Non-U.S. Revenue: $438.7 million (43%)  
- Product contribution to sales:  
  - Hoists: 49%  
  - High-precision conveying systems: 16%  
  - Digital power control systems: 12%  
  - Actuators and rotary unions: 10%  
  - Chain and rigging tools: 7%  
  - Industrial cranes: 4%  
  - Elevator application drive systems: 2%

## Strategic Direction
Since fiscal 2022 the company has pursued a transformation strategy to move from a cyclical industrial profile to higher growth and higher margin segments. Key acquisitions, including Dorner, Garvey, and montratec, have expanded market position and product offerings.

## Competitive Landscape
Columbus McKinnon competes with major players such as Konecranes and Kito, as well as regional manufacturers. The market is fragmented, and competition centers on service, product quality, and brand reliability.

## Human Capital Management
The company emphasizes employee safety and development. About 6% of employees are unionized, with contracts expiring in 2024 and 2027. Columbus McKinnon promotes a diverse, equitable, and inclusive work environment.

## Summary
Columbus McKinnon Corporation is a leader in intelligent motion solutions with a broad product portfolio and a global distribution network. The company focuses on safety and quality while pursuing strategic growth through targeted acquisitions.

COLUMBUS MCKINNON CORP

10-K / May 28, 2025

10-K / May 29, 2024

10-K / May 28, 2025

Summary of Columbus McKinnon Corporation

Business Overview

Core Operations

Key Product Categories

Market Verticals

Revenue and Geographic Breakdown (Fiscal Year Ended March 31, 2025)

Customer Base

Financial Highlights

Strategic Focus