Columbus McKinnon Corporation acquired privately-owned Unified Industries, Inc. ("Unified"), makers of overhead light rail workstations used in automotive and other industrial applications.
"Unified's workstation cranes and light rail lifting systems are a natural extension of our hoist product portfolio,” said Timothy T. Tevens, president and CEO. “The combination elevates our ability to deepen relationships with our OEMs through a broader scope of bundled solutions.”
With its headquarters in Howell, Mich., 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.