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Columbus McKinnon Completes Acquisition of Unified Industries, Inc.

Columbus McKinnon Completes Acquisition of Unified Industries, Inc.

Expands Product Portfolio to Provide Additional Bundled Solutions
Opportunities

AMHERST, N.Y., Feb. 28, 2014 (GLOBE NEWSWIRE) -- 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.

About Columbus McKinnon

Columbus McKinnon is a leading worldwide designer, manufacturer and marketer
of material handling products, systems and services, which efficiently and
ergonomically move, lift, position and secure materials. Key products include
hoists, cranes, actuators and rigging tools. The Company is focused on
commercial and industrial applications that require the safety and quality
provided by its superior design and engineering know-how. Comprehensive
information on Columbus McKinnon is available on its website at
http://www.cmworks.com.

Safe Harbor Statement

This news release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Such statements include,
but are not limited to, statements concerning future revenue and earnings,
involve known and unknown risks, uncertainties and other factors that could
cause the actual results of the Company to differ materially from the results
expressed or implied by such statements, including general economic and
business conditions, conditions affecting the industries served by the Company
and its subsidiaries, conditions affecting the Company's customers and
suppliers, competitor responses to the Company's products and services, the
overall market acceptance of such products and services, the effect of
operating leverage, the pace of bookings relative to shipments, the ability to
expand into new markets and geographic regions, the success in acquiring new
business, the speed at which shipments improve, and other factors disclosed in
the Company's periodic reports filed with the Securities and Exchange
Commission. The Company assumes no obligation to update the forward-looking
information contained in this release.

CONTACT: Gregory P. Rustowicz
         Vice President - Finance and Chief Financial Officer
         Columbus McKinnon Corporation
         716-689-5442
         greg.rustowicz@cmworks.com
        
         Investor Relations:
         Deborah K. Pawlowski
         Kei Advisors LLC
         716-843-3908
         dpawlowski@keiadvisors.com
 
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