Columbus McKinnon Completes Acquisition of Unified Industries, Inc.

Columbus McKinnon Corporation (Nasdaq:CMCO), a leading designer, manufacturer and marketer of material handling products, announced today that it has acquired privately-owned Unified Industries, Inc. (“Unified”). Unified designs, manufacturers and markets overhead light rail workstations primarily used in automotive and other industrial applications.

Timothy T. Tevens, President and Chief Executive Officer, commented, “Unified’s workstation cranes and light rail lifting systems are a natural extension of our hoist product portfolio. The combination elevates our ability to deepen relationships with our OEMs through a broader scope of bundled solutions. We expect to increase sales of Unified’s products by leveraging our extensive sales organization and value-added distribution channels globally. This represents a good utilization of our cash as we continue to pursue acquisitions to further our mission to be the global leader in providing products and application knowledge to help customers lift, position and secure materials easily.”

With its headquarters in Howell, MI, Unified had sales of $12.4 million in 2013. The acquisition is expected to be accretive to Columbus McKinnon’s earnings in fiscal year 2015.

Get the free newsletter

Sign up for news, trends and equipment for sale in the lifting and rigging industry.
By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.

Latest Products For Sale

Type Description
Lifting Products
Hooks
1/2” Grade 70 clevis grab hooks
Lifting Products
Chains
1/2” Grade 70 chain 13 drums 200’ each (Make Offer)
Lifting Products
Hooks
3/8” Grade 70 clevis grab hooks
Lifting Products
Chains
3/8” Grade 70 chain 6 drums 400’ each (Make Offer)
Equipment Used 75’ pull test bed. Currently in 3 pcs. 25’ long would need to be…

News & Articles