Columbus McKinnon Chosen as PowerCo's Global Intralogistics Partner for its New Gigafactories with montrac® Solution

Core Insights - Columbus McKinnon Corporation has been selected as the preferred supplier for stacking and intralogistics technology for PowerCo, a subsidiary of Volkswagen Group, to support its gigafactory projects in Canada and Spain [1][2] - The company will provide its advanced montrac® precision conveyance technology for battery cell stacking and transportation within the new gigafactories, indicating a significant growth opportunity with over $100 million in potential orders in the coming years [2][4] Company Overview - Columbus McKinnon is a leading designer and manufacturer of intelligent motion solutions, focusing on efficient material handling technologies [3] - The company’s product offerings include hoists, crane components, precision conveyor systems, and digital power and motion control systems, emphasizing safety and quality through superior design [3] Technology and Innovation - The montrac® system, acquired from montratec GmbH, is designed for fully automated and energy-efficient material flow, suitable for various industrial applications including cleanroom production [4][5] - The technology features a standardized IO-Link control interface, enhancing its adaptability to customer-specific applications and process expansions [4] Market Position - Columbus McKinnon is reinforcing its leadership in the rapidly growing electrification and battery production sectors, evidenced by a fourth consecutive quarter of significant orders related to battery production [7]