Columbus McKinnon reports 16% order growth
Columbus McKinnon Corp., a designer, manufacturer, and marketer of intelligent motion solutions for material handling, reported a 16% growth in orders for its second quarter 2025 ending September 30, compared to the prior year.
Net sales decreased 6% to $242.3 million reflecting impacts related to Hurricane Helene, the ramp up of linear motion production in Monterrey, Mexico, and project timing.
Results included $17.5 million of non-cash pension settlement expense and $11.8 million for factory closure and start-up costs as the company transitioned manufacturing to its Monterrey facility.
"Our commercial and operational initiatives are delivering wins with new and existing customers in attractive vertical markets and we delivered one of our highest order quarters in history with 16% order growth and a book-to-bill ratio of 1.08x in Q2." said President and Chief Executive Officer David J. Wilson. "Order growth, with particular strength in precision conveyance, and an encouraging funnel of promising opportunities supports our fiscal 2025 guidance and positions us well for fiscal 2026."
"But for the impact of Hurricane Helene, we delivered on our guidance for the second quarter while transitioning our linear motion manufacturing activity to Monterrey," continued Wilson. "We remain confident in our long-term financial objectives and are advancing the strategic initiatives that will both grow our business and deliver targeted margin expansion over time."
INDUSTRIAL SUPPLY MAGAZINE
The September/October issue of Industrial Supply magazine features an in-depth cover story about Kurz Industrial Solutions. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Hockett, as well as interviews with numerous product and distribution industry experts.
