Columbus McKinnon (CMCO): A Fascinating Lesson in Capital Structure, but not Looking like an Investable Idea
October 28, 2026
Columbus McKinnon makes factory equipment designed to move things from one place to another, in the form of hoists, conveyors, cranes, and so forth. Its business should appeal to any red-blooded Factorio player, but what interest me is the curious situation with the company’s capital structure, specifically the complications introduced by its acquisition of Kito […]
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