[INDUSTRY NEWS] Engineering background to compliment this
new role and will be a huge asset for Chant. The company, with 45+ employees, is a global diversified engineering company that designs, manufactures, services and calibrates testing machines, swagers, systems and related accessories for worldwide industrial and military customers. For more information on Chant Engineering, visit http://www.
chantengineering.com y
Apex Fastener Tools Recognizes N & S Carolina Sales Company for 20 Years of Association as a Manufacturer’s Representative
> Apex Fastener Tools, the global leader in industrial fastener tools, is pleased to recognize N & S Carolina Sales Company, our
manufacturer’s representative, for completing 20 years with the company. N & S Carolina Sales serves customers in automotive, transportation, electronics, appliances, and other general manufacturing industries in North Carolina, South Carolina, and East Tennessee.
nd st
“We congratulate N & S Carolina Sales Company for completing twenty great years with Apex,” said Rick Laporte, Vice President of Global Marketing, Apex Tool Group. “In these past two decades John Skinner and his team have contributed significantly in growing the Apex brand and promoting the spirit of service and support that our customers have come to expect from Apex.”Acknowledging the recognition from Apex, John Skinner, owner of N & S Carolina Sales Company commented: “Apex Fastener Tools has been a great partner for us. We appreciate the support that they have provided us over all these years. We are proud to be associated with the world’s leading industrial fastener tools brand.” y
es, or o e s. str
ONE STOP SHOP HOISTS
RIGGING HARDWARE SLINGS
877-LIFT AMH
allmaterialhandling.com
8 MARCH-APRIL 2014
Columbus McKinnon Completes Acquisition of Unifi ed Industries, Inc., Expands Towing and ISG Off ering
> Columbus McKinnon Corporation (Nasdaq:CMCO), a leading design manufacturer and
gner,
handling products, announced today that it has acquired privately-owned Unified Industries, Inc. (“Unified”). Unified designs, manufacturers and markets overhead light rail workstations primarily used in automotive and other industrial applications.
nd marketer of material ts
Timothy T. Tevens, President and Chief Executive Officer, commented, “Unified’s
WIRE ROPE EXCHANGE
workstation cranes and light rail lifting systems are a natural extension of our hoist product portfolio. The combination elevates our ability to deepen relationships with our OEMs through a broader scope of bundled solutions. We expect to increase sales of Unified’s products by leveraging our extensive sales organization and value-added distribution channels globally. This represents a good utilization of our cash as we continue to pursue acquisitions to further our mission to be the global leader in providing products and application knowledge to help customers lift, position and secure materials easily.” With its headquarters in Howell, MI,
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. In addition, Columbus Mckinnon
further strengthens its product and service offering to the rigging industry with the launch of new, American made towing assemblies and the addition of 35 products to its In-Stock Guarantee. Leaders in innovation for the towing
industry, Columbus McKinnon and its subsidiary, Tennessee-based Dixie Industries, have designed a variety of versatile cluster, chain and bridle assemblies well-suited for the toughest towing applications. With patented attachments and short link chain that resists bending, these economically designed towing assemblies provide strength and durability users can rely on to get the job done. “As a premier manufacturer of American-
made chain and forged attachments for the towing and transportation industries, we understand the unique needs of our product users,” said Tim Lewis, Product Manager – Rigging Products & Manual Hoists. “We developed these towing assemblies with those needs in mind, ensuring they are not only strong and reliable, but lightweight and easy to use.” Strengthening the company’s commitment
to ship its most popular chain and forged attachment products in days, not weeks, Columbus McKinnon expanded its In-Stock Guarantee (ISG) with the addition of 35 new products. Now, Columbus McKinnon guarantees more than 220 products in stock and ready to ship in three days. New ISG products include: chain and assemblies; grab, sling and foundry hooks; shackles; lever binders; and Hammerlok® coupling links. ISG is designed to provide channel partners
and distributors with best-in-class service and delivery of the products that they use every day. It also ensures product availability and reduces their on-hand product inventory. y
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