| Ticker: CMCO | 140 John James Audubon Parkway | |
| Exchange: NASDAQ-National Market | Amherst, New York 14228-1197 | |
| Industry: Manufacturing | (716) 689-5400 |
| Type of Shares: | Common Shares | Filing Date: | 12/21/95 | |
| U.S. Shares: | 4,200,000 | Offer Date: | 2/22/96 | |
| Non-U.S. Shares: | 1,050,000 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 5,250,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.05 | |
| Offering Amount: | $73,500,000 | Selling: | $0.60 | |
| Expenses: | $1,375,000 | Reallowance: | $0.10 | |
| Shares Out After: | 12,944,171 |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-1172 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-2000 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 3/31/95 | 10/1/95 | 10/2/94 | 12/31/95 | ||
| Revenue: | $172.33 | $89.07 | $83.25 | Assets: | $172.80 |
| Net Income: | $10.50 | $6.00 | $5.80 | Liabilities: | $121.85 |
| EPS: | $1.48 | $0.85 | $0.82 | Equity: | $50.96 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company designs, manufactures and distributes a broad range of material handling, lifting and positioning products, which the company sells in an increasing number of domestic and international markets. The company is the largest manufacturer of hoists and operator-controlled manipulators, and the largest producer of alloy and high strength carbon steel chain in the United States and Canada. The company's products are sold to distributors and end-users for various applications in the general manufacturing, crane building, mining, construction, transportation, entertainment, power generation, waste management, agriculture, marine and other markets, and to hardware distributors, mass merchandisers and rental outlets for consumer use. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay outstanding bank indebtedness, including debt incurred to fund the acquisition of Lift-Tech and for other general corporate purposes. |
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