Columbus McKinnon Declares Quarterly Dividend of $0.04 Per Share

March 30, 2015 4:05 PM EDT

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AMHERST, N.Y., March 30, 2015 (GLOBE NEWSWIRE) -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of material handling products, today announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.04 per common share. The dividend will be payable on or about May 18, 2015 to shareholders of record at the close of business on May 8, 2015. Columbus McKinnon has approximately 20.0 million common shares outstanding.

About Columbus McKinnon

Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of material handling products, systems and services, which efficiently and ergonomically move, lift, position and secure materials. Key products include hoists, cranes, actuators and rigging tools. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how. Comprehensive information on Columbus McKinnon is available on its website at http://www.cmworks.com.

Safe Harbor Statement

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements concerning future revenue and earnings, involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including general economic and business conditions, conditions affecting the industries served by the Company and its subsidiaries, conditions affecting the Company's customers and suppliers, competitor responses to the Company's products and services, the overall market acceptance of such products and services, the integration of acquisitions and other factors disclosed in the Company's periodic reports filed with the Securities and Exchange Commission. Consequently, such forward looking statements should be regarded as the Company's current plans, estimates and beliefs. The Company assumes no obligation to update the forward-looking information contained in this release.

CONTACT: Gregory P. Rustowicz
         Vice President - Finance and Chief Financial Officer
         Columbus McKinnon Corporation
         716-689-5442
         greg.rustowicz@cmworks.com

         Investor Relations:
         Deborah K. Pawlowski
         Kei Advisors LLC
         716-843-3908
         dpawlowski@keiadvisors.com
Source: Columbus McKinnon Corporation


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