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Thursday, June 11, 2020

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CMCO Columbus McKinnon Corp. gains 17% Jun 11, 2020

Columbus McKinnon Corporation designs, manufactures, and markets material handling products for various commercial and industrial end-user markets in the United States, Europe, Canada, and internationally. The company offers electric chain, electric wire rope, lever tools and air-powered, and hand-operated hoists; hoist trolleys; winches; industrial crane systems, such as steel bridge, gantry, and jib cranes, and aluminum work station cranes, as well as chain hoists, overhead aluminum light rail workstations, and other crane components; and alloy and carbon steel chains. It also provides forged attachments, such as hooks, shackles, textile slings, clamps, logging tools, master links, Hammerloks, and load binders, as well as other securing devices; mechanical and electromechanical actuators and rotary unions; and below-the-hook special purpose lifters and tire shredders, as well as associated forgings. In addition, the company power and motion control systems, such as AC and DC drive systems, radio remote controls, push button pendant stations, brakes, and collision avoidance and power delivery subsystems; and elevator application-specific drive products. It offers its products through commercial distributors and end-users under the CM, Coffing, Chester, Duff-Norton, Electromotive Systems, Enrange, IMPULSE, M-FORCE, Mondel, OmniPulse, Pfaff, Quattro, Shaw-Box, Telemotive, Unified, STB, Yale, CES, Abell-Howe, and Washington Equipment. The company sells its products to various industries, including manufacturing, power generation and distribution, utilities, wind power, warehouses, commercial construction, oil and gas exploration and refining, petrochemical, marine, ship building, transportation and heavy duty trucking, agriculture, logging, and mining, as well as to the entertainment industry comprising permanent and traveling concerts, live theater, and sporting venues. Columbus McKinnon Corporation was founded in 1875 and is headquartered in Getzville, New York.http://www.priceseries.com/trade/CMCO-Columbus-McKinnon-Corp-stock-gains-17-percent-a-Trade-Record-by-priceSeries-2020052220200611.html

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