Columbus McKinnon Reports Rise in Quarterly Profit Despite Soft Markets

SUGAR LAND--June 2, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Columbus McKinnon Corporation (NASDAQ:CMCO) (Getzville, New York) reported an increase in fourth-quarter net income from the same period a year earlier, but executives warned that the provider of hoists, cranes and related services continues to be challenged by a global slowdown among its industrial customers, particularly those in the oil and gas production business. Industrial Info's database covers five Columbus McKinnon facilities in North America, including a metals forge in Chattanooga, Tennessee. Within this article: Earnings and general outlook by Columbus McKinnon Corporation (NASDAQ:CMCO)