Columbus McKinnon Chosen as PowerCo's Global Intralogistics Partner for its New Gigafactories with montrac® Solution
Columbus McKinnon (NASDAQ: CMCO) has been selected as the supplier of choice for PowerCo, Volkswagen Group's battery company, to provide stacking and intralogistics technology for their gigafactories in St. Thomas, Canada, and Valencia, Spain.
The company will implement its montrac® precision conveyance solution for battery cell stacking processes, along with transportation lines across the new facilities. CEO David Wilson highlighted potential orders exceeding $100 million over the next few years through this partnership.
This marks CMCO's fourth consecutive quarter of significant battery production-related orders, strengthening its position in the electrification and battery production vertical market. The montrac® technology, acquired by CMCO in 2023, features ESD-safe transport capabilities and has over 5,000 installations worldwide.
Columbus McKinnon (NASDAQ: CMCO) è stato selezionato come fornitore di riferimento per PowerCo, la società di batterie del Gruppo Volkswagen, per fornire tecnologia di stoccaggio e intralogistica per le loro gigafabbriche a St. Thomas, Canada, e Valencia, Spagna.
L'azienda implementerà la sua soluzione di trasporto di precisione montrac® per i processi di impilamento delle celle delle batterie, insieme alle linee di trasporto all'interno delle nuove strutture. Il CEO David Wilson ha sottolineato che gli ordini potenziali potrebbero superare 100 milioni di dollari nei prossimi anni grazie a questa partnership.
Questo segna il quarto trimestre consecutivo di ordini significativi legati alla produzione di batterie per CMCO, rafforzando la sua posizione nel mercato verticale dell'elettrificazione e della produzione di batterie. La tecnologia montrac®, acquisita da CMCO nel 2023, presenta capacità di trasporto sicure contro ESD e conta oltre 5.000 installazioni in tutto il mondo.
Columbus McKinnon (NASDAQ: CMCO) ha sido seleccionado como el proveedor de referencia para PowerCo, la empresa de baterías del Grupo Volkswagen, para proporcionar tecnología de apilamiento e intralogística para sus gigafábricas en St. Thomas, Canadá, y Valencia, España.
La empresa implementará su solución de transporte de precisión montrac® para los procesos de apilamiento de celdas de batería, junto con las líneas de transporte en las nuevas instalaciones. El CEO David Wilson destacó que los pedidos potenciales podrían superar los 100 millones de dólares en los próximos años a través de esta asociación.
Esto marca el cuarto trimestre consecutivo de pedidos significativos relacionados con la producción de baterías para CMCO, fortaleciendo su posición en el mercado vertical de electrificación y producción de baterías. La tecnología montrac®, adquirida por CMCO en 2023, cuenta con capacidades de transporte seguras contra ESD y tiene más de 5,000 instalaciones en todo el mundo.
콜럼버스 맥키넌 (NASDAQ: CMCO)은 파워코(PowerCo), 폭스바겐 그룹의 배터리 회사의 선택된 공급업체로, 캐나다 세인트 토마스와 스페인 발렌시아의 기가팩토리를 위한 적재 및 내부 물류 기술을 제공하게 됩니다.
회사는 배터리 셀 적재 프로세스를 위한 정밀 운송 솔루션 montrac®를 구현하고, 새로운 시설 전반에 걸쳐 운송 라인을 구축할 예정입니다. CEO 데이비드 윌슨은 이번 파트너십을 통해 향후 몇 년간 1억 달러를 초과하는 잠재적 주문이 있을 것이라고 강조했습니다.
이는 CMCO의 4분기 연속 배터리 생산 관련 주문의 중요한 사례로, 전기화 및 배터리 생산 수직 시장에서의 입지를 강화하고 있습니다. 2023년에 CMCO가 인수한 montrac® 기술은 ESD 안전한 운송 기능을 갖추고 있으며, 전 세계에 5,000개 이상의 설치가 있습니다.
Columbus McKinnon (NASDAQ: CMCO) a été sélectionné comme fournisseur de choix pour PowerCo, la société de batteries du Groupe Volkswagen, afin de fournir une technologie de stockage et d'intralogistique pour leurs gigafactories à St. Thomas, Canada, et à Valence, Espagne.
L'entreprise mettra en œuvre sa solution de transport de précision montrac® pour les processus d'empilage des cellules de batterie, ainsi que des lignes de transport dans les nouvelles installations. Le PDG David Wilson a souligné que les commandes potentielles pourraient dépasser 100 millions de dollars au cours des prochaines années grâce à ce partenariat.
Cela marque le quatrième trimestre consécutif de commandes significatives liées à la production de batteries pour CMCO, renforçant sa position sur le marché vertical de l'électrification et de la production de batteries. La technologie montrac®, acquise par CMCO en 2023, dispose de capacités de transport sûres contre l'ESD et compte plus de 5 000 installations dans le monde.
Columbus McKinnon (NASDAQ: CMCO) wurde als bevorzugter Lieferant für PowerCo, das Batterieunternehmen der Volkswagen Gruppe, ausgewählt, um Technologie für Stapelung und Intralogistik für ihre Gigafabriken in St. Thomas, Kanada, und Valencia, Spanien, bereitzustellen.
Das Unternehmen wird seine präzise Fördertechnik montrac® für die Stapelprozesse von Batteriezellen sowie Transportlinien in den neuen Einrichtungen implementieren. CEO David Wilson hob hervor, dass potenzielle Bestellungen in den nächsten Jahren über 100 Millionen Dollar überschreiten könnten.
Dies markiert das vierte aufeinanderfolgende Quartal mit bedeutenden Aufträgen im Zusammenhang mit der Batterieproduktion für CMCO und stärkt dessen Position im vertikalen Markt für Elektrifizierung und Batterieproduktion. Die 2023 von CMCO erworbene montrac®-Technologie verfügt über ESD-sichere Transportmöglichkeiten und hat weltweit über 5.000 Installationen.
- Secured major contract with PowerCo (Volkswagen Group) for multiple gigafactories
- Over $100 million order potential in next few years
- Fourth consecutive quarter of significant battery production orders
- Expanding presence in fast-growing electrification and battery production market
- None.
Insights
Columbus McKinnon's selection as PowerCo's global intralogistics partner represents a significant commercial achievement with substantial financial implications. The deal includes an explicit revenue pipeline of
This partnership is strategically important as it positions CMCO in the rapidly expanding EV battery production market. Securing two PowerCo gigafactory projects simultaneously (St. Thomas and Valencia) demonstrates the scalability and competitive advantage of their montrac® technology acquired in 2023. The fact this marks their fourth consecutive quarter of significant battery-related orders indicates this isn't a one-off win but part of a sustained growth trajectory in this vertical.
What's particularly valuable about this agreement is its framework nature - being named a "supplier of choice" suggests preferential positioning for future PowerCo facilities beyond these initial two gigafactories. The Volkswagen Group connection also enhances CMCO's credibility with other potential automotive and battery customers, potentially accelerating market penetration.
The montrac® acquisition is proving to be a transformative addition to CMCO's portfolio, enabling them to capture higher-value, technology-driven opportunities beyond their traditional industrial equipment business. This electrification vertical offers both higher growth rates and potentially more favorable margins than legacy segments.
Columbus McKinnon's montrac® technology selection by PowerCo represents a significant technical validation in the highly demanding battery manufacturing space. Battery cell stacking requires exceptional precision, cleanliness, and reliability - all areas where montrac® excels with its ESD-safe transport certification and vibration-free movement capabilities.
The technical implementation spans both the critical cell stacking process and broader intralogistics transportation lines, suggesting a comprehensive deployment throughout the facility. This end-to-end approach maximizes CMCO's value capture within each gigafactory project.
From a technology differentiation perspective, several montrac® features appear decisive: the space-saving configuration flexibility, standardized IO-Link control interfaces enabling seamless integration, and adaptability to process changes. These attributes are particularly valuable in gigafactory environments where production processes are still evolving and space optimization is crucial.
The 5,000+ existing installations of montrac® systems globally demonstrate proven scalability and reliability. PowerCo's selection after what was likely a rigorous technical evaluation provides strong third-party validation of montrac®'s capabilities, potentially accelerating adoption by other battery manufacturers facing similar technical challenges.
This implementation aligns with broader industrial automation trends toward flexible manufacturing systems that can adapt to changing production requirements without extensive reconfiguration - an essential capability as battery technologies continue evolving rapidly.
- Reinforces CMCO's growing leadership position in the fast-growing electrification and battery production vertical end market
- Reports fourth consecutive quarter of significant battery production related orders, demonstrating strength of montrac® solution
"In addition to the significant montrac® orders we received earlier this year for the first lines within PowerCo's new gigafactories in
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.
About montratec GmbH
Acquired by Columbus McKinnon in 2023, montratec is a leading supplier of intralogistics and process automation technology to facilitate fully automated, energy-saving, vibration-free, and highly precise material flow. The highly efficient, space-saving design allows for configurations optimized to the customer's application and can be easily adapted to changing processes or process expansion. The systems also feature an internationally standardized, manufacturer-independent IO-Link control interface that is a key component of our intelligent montrac® intralogistics solution. The technology is also certified for ESD-safe transport of the battery cells.
With more than 5,000 installations of the intelligent montrac® transfer system worldwide, montratec offers innovative and customer-specific solutions for the linking and automation of intralogistics processes in all industrial areas as well as in cleanroom production. Additional information can be found at www.montratec.de/en/ .
Safe Harbor Statement
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate," "believe," "continue," "could," "estimate," "expect," "illustrative," "intend," "likely," "may," "opportunity," "plan," "possible," "potential," "predict," "project," "shall," "should," "target," "will," "would" and, in each case, their negative or other various or comparable terminology. Forward-looking statements are not based on historical facts, but instead represent our current expectations and assumptions regarding our business, the economy and other future conditions, and involve known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended March 31, 2024 as well as in our other filings with the Securities and Exchange Commission, which are available on its website at www.sec.gov. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date they are made. Columbus McKinnon undertakes no duty to update publicly any such forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law, regulation or other competent legal authority.
Contacts:
Kristine Moser
VP IR and Treasurer
Columbus McKinnon Corporation
704-322-2488
kristy.moser@cmco.com
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SOURCE Columbus McKinnon Corporation
FAQ
What is the potential order value for CMCO from the PowerCo partnership?
Where are PowerCo's new gigafactories being built that will use CMCO's montrac® solution?
How many consecutive quarters has CMCO reported significant battery production orders?
What specific technology will CMCO provide to PowerCo's gigafactories?
How many installations of the montrac® transfer system exist worldwide?
