Columbus McKinnon wins gigafactories deal
Columbus McKinnon Corp. a designer and manufacturer of intelligent motion solutions and , products and technologies for material handling, announced it won the bid to become the supplier for stacking and intralogistics technology for PowerCo, the battery company of Volkswagen Group.
The company will provide state-of-the-art precision conveyance technology to PowerCo for its gigafactory projects in St. Thomas, Canada, and Valencia, Spain that are currently under construction. They will provide PowerCo its high-tech montrac precision conveyance solution for its battery cell stacking process in addition to transportation lines and other capabilities to efficiently move product across their new gigafactories.
"In addition to the significant montrac orders we received earlier this year for the first lines within PowerCo's new gigafactories in St. Thomas and Valencia, as a supplier of choice, we have a long runway for growth with more than $100 million of order potential over the next few years," said Columbus McKinnon President and CEO David Wilson. "We are excited about the funnel of opportunities generated by both our partnership with PowerCo and across the global electrification and battery production industry more broadly."