Local industrial manufacturer Columbus McKinnon disclosed plans to buy Texas-based Kito Crosby in a deal worth $2.7 billion, according to a Monday news release from the Charlotte-based company.

Columbus McKinnon Corp has agreed to buy machinery maker Kito Crosby from Kohlberg Kravis Roberts & Co (KKR) in a transaction ...

It's set to form a leading material handling and motion control supplier with annual revenues of about $2.1 billion.

Ratings has placed the ratings of Columbus McKinnon (NASDAQ: CMCO) Corporation under review for potential downgrade. The ratings under review include the Ba3 Corporate Family Rating (CFR), Ba3-PD ...

Shares of material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) fell 41.9% in the afternoon session after ...