We could not be more pleased to see these two great teams coming together." "Today's announcement is a testament to the value we and the Kito Crosby team have created by transforming the business ...

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.

Moody's decision to review Kito Crosby's ratings for an upgrade is based on the fact that the company will become part of Columbus McKinnon, a higher rated and well-capitalized entity. The merger ...

The business that the Kito Crosby management team, led by Robert Desel and Yoshio Kito have built is exceptional, and we look forward to welcoming them to the Columbus McKinnon team," said David ...