Columbus McKinnon and Milwaukee Tool Announce Development of First-of-Its Kind Battery-Powered Chain Hoist Combining Industry-Leading Hoist and Battery Technology - Seite 2

In addition to the portability, strength and reliability Columbus McKinnon is known for, the BatteryStar provides added safety and intelligence to any lifting application. Not only does the hoist reduce operator effort and fatigue with the elimination of manual effort, but it also keeps the operator out of the load path with a wireless remote that can control the hoist from up to 60 feet away. In addition, the remote features built-in intelligence that alerts the operator when the hoist is over capacity or the battery has less than 25% of charge so the battery can be replaced proactively. It also indicates if hoist inspection is due when used in conjunction with Milwaukee Tool’s ONE-KEY app. Other features of the hoist include a patent-pending mechanical brake for added safety as well as true variable speed for precise lifting and improved efficiency.

The BatteryStar hoist has a 1-metric-ton lifting capacity with 20 feet of lift as standard and lifting speeds of 8 feet per minute. The hoist will be available for sale from Columbus McKinnon beginning in the Summer of 2024. It will be sold under the CM brand in North America and Latin America and the Yale brand in Europe, the Middle East, Africa, and Asia Pacific.

About Columbus McKinnon

Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations and digital power and motion control systems. 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 at www.cmco.com. CM is a brand of Columbus McKinnon.

About Milwaukee Tool

Milwaukee Tool, founded in 1924, is a global leader in delivering innovative solutions to the professional construction trades that increase productivity and safety. Milwaukee is known for their world-leading M12, M18, and MX FUEL; cordless tool systems, the ground-breaking performance of their cordless innovations, safety solutions, battery-powered outdoor power equipment, jobsite lighting and clean-up, time-saving tool accessories, and innovative hand tool and PACKOUT; Modular Storage products. The company is dedicated to delivering a steady stream of advanced, trade-specific solutions.

Milwaukee Tool is a Brookfield, Wisconsin-based subsidiary of Techtronic Industries Co. Ltd. (TTI) (HKEx stock code: 669, ADR symbol: TTNDY). For more information on the full line of Milwaukee products, please call 1-800-SAWDUST or www.milwaukeetool.com.

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The Columbus Mckinnon New York Stock at the time of publication of the news with a raise of +0,77 % to 39,10USD on Lang & Schwarz stock exchange (20. März 2024, 14:03 Uhr).