AMHERST, N.Y.--(Business Wire)--
Columbus McKinnon Corporation (NASDAQ: CMCO), a leading designer, manufacturer
and marketer of material handling products, today announced the appointment of
Eric Woon as Managing Director - Asia Pacific for Columbus McKinnon. He will
also serve as Vice President Columbus McKinnon Asia Pacific Limited, located in
Hong Kong, and will be responsible for leading long-term profitable growth for
the entire region, with a strong focus on China. Mr. Woon will also serve as a
member of Columbus McKinnon management`s Executive Committee. Robert Clare, who
has been overseeing Columbus McKinnon`s Asian operations as an interim role
since February of this year, will remain in Asia for a period of time to ensure
an effective transition.
Mr. Woon spent the last 15 years in Asia in highly visible roles, as President
of Volvo Construction Equipment China and as President and CEO of tesa tape Asia
Pacific, and contributed to the significant growth of both organizations. He has
bachelor`s degrees in economics and political science from the University of
Hawaii, as well as master`s degrees in both business administration and
international relations from Yale University.
Timothy T. Tevens, President and CEO of Columbus McKinnon, commented, "The Asia
Pacific region presents Columbus McKinnon with tremendous prospects for growth,
and it is critical that we have the experienced leadership in place to take
advantage of future opportunities in the region. Eric has demonstrated
considerable success in guiding the growth in Asia of other organizations
headquartered outside of the region, and we are confident he can help us achieve
our strategic growth goals as well."
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 or secure materials. Key products include
hoists, cranes, actuators chain and forged attachments. 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 web site 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 effect of operating leverage, the
pace of bookings relative to shipments, the ability to expand into new markets
and geographic regions, the success in acquiring new business, the speed at
which shipments improve, and other factors disclosed in the Company's periodic
reports filed with the Securities and Exchange Commission. The Company assumes
no obligation to update the forward-looking information contained in this
release.
Columbus McKinnon Corporation
Karen L. Howard, 716-689-5550
Vice President - Finance and Chief Financial Officer
Karen.howard@cmworks.com
Copyright Business Wire 2009
