Columbus McKinnon Corp. agreed to acquire Magnetek Inc. for approximately $190 million. Magnetek designs and manufactures digital power and motion control solutions for material handling, elevators and mining applications. Columbus McKinnon is a manufacturer of material-handling products. The Amherst, N.Y.-based company acquired Stahlhammer Bommern GmbH (STB), a manufacturer of a large range of lifting tools and forged parts able to withstand particularly heavy and dynamic loads in January. STB also has forging, tool-making and machining capabilities.
Check out the October 2020 issue of FORGE, featuring our cover story on "Fever Screening and Forging Quality". Other features include "Forging with Hybrid Steel", "FutureForge in Scotland: The Goldilocks Effect", and much more.