UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549
                                    FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
    ACT 1934

For the quarterly period ended July 2, 2000

                                       or

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
    ACT OF 1934.

For the transition period from                     to
                               -------------------    -----------------

Commission File Number:       0-27618
                              -------

         COLUMBUS MCKINNON CORPORATION
--------------------------------------------------------------------------------
         (Exact name of registrant as specified in its charter)

         NEW YORK                                        16-0547600
--------------------------------------------------------------------------------
         (State or other jurisdiction of             (I.R.S. Employer
          incorporation or organization)              Identification No.)

         140 JOHN JAMES AUDUBON PARKWAY, AMHERST, NY      14228-1197
--------------------------------------------------------------------------------
         (Address of principal executive offices)         (Zip code)

         (716) 689-5400
--------------------------------------------------------------------------------
         (Registrant's telephone number, including area code)

--------------------------------------------------------------------------------
         (Former name,  former  address and former fiscal year, if changed since
          last report.)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. : [X] Yes [ ] No

The number of shares of common stock outstanding as of July 31, 2000 was:
14,896,172 shares.



<PAGE>


                                 FORM 10-Q INDEX
                          COLUMBUS MCKINNON CORPORATION
                                  JULY 2, 2000

                                                                          PAGE #
                                                                          ------
PART I.  FINANCIAL INFORMATION

Item 1.  Condensed Consolidated Financial Statements (Unaudited)

         Condensed consolidated balance sheets -
            July 2, 2000 and March 31, 2000                                    2

         Condensed consolidated statements of income and retained earnings -
            Three months ended July 2, 2000 and July 4, 1999                   3

         Condensed consolidated statements of cash flows -
            Three months ended July 2, 2000 and July 4, 1999                   4

         Condensed consolidated statements of comprehensive income -
            Three months ended July 2, 2000 and July 4, 1999                   5

         Notes to condensed consolidated financial statements -
            July 2, 2000                                                       6

Item 2.  Management's Discussion and Analysis of Results of Operations
            and Financial Condition                                           12


PART II. OTHER INFORMATION

Item 1.  Legal Proceedings - none.                                            16

Item 2.  Changes in Securities - none.                                        16

Item 3.  Defaults upon Senior Securities - none.                              16

Item 4.  Submission of Matters to a Vote of Security Holders - none.          16

Item 5.  Other Information - none.                                            16

Item 6.  Exhibits and Reports on Form 8-K - none.                             16














                                     - 1 -


<PAGE>


PART I.  FINANCIAL INFORMATION

Item 1.  Condensed Consolidated Financial Statements (Unaudited)
<TABLE>
<CAPTION>

                          COLUMBUS MCKINNON CORPORATION
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                                   (UNAUDITED)

                                                         JULY 2,      MARCH 31,
                                                          2000          2000
                                                        ---------     ---------
ASSETS:                                                     (IN THOUSANDS)
Current assets:
<S>                                                     <C>           <C>
      Cash and cash equivalents ....................    $   3,062     $   7,582
      Trade accounts receivable ....................      152,999       143,401
      Unbilled revenues ............................       21,567        24,447
      Inventories ..................................      110,682       108,291
      Net assets held for sale .....................        9,530         9,272
      Prepaid expenses .............................        6,419         6,181
                                                        ---------     ---------
Total current assets ...............................      304,259       299,174
Net property, plant, and equipment .................       86,100        87,297
Goodwill and other intangibles, net ................      335,325       339,603
Marketable securities ..............................       23,830        23,193
Deferred taxes on income ...........................        4,333         4,237
Other assets .......................................        6,433         6,320
                                                        ---------     ---------
Total assets .......................................    $ 760,280     $ 759,824
                                                        =========     =========

LIABILITIES AND SHAREHOLDERS' EQUITY:
Current liabilities:

      Notes payable to banks .......................    $   3,066     $   2,677
      Trade accounts payable .......................       42,610        49,621
      Excess billings ..............................        6,182         4,288
      Accrued liabilities ..........................       46,586        51,246
      Current portion of long-term debt ............          822         3,493
                                                        ---------     ---------
Total current liabilities ..........................       99,266       111,325
Senior debt, less current portion ..................      216,054       210,684
Subordinated debt ..................................      199,588       199,574
Other non-current liabilities ......................       36,536        34,788
                                                        ---------     ---------
Total liabilities ..................................      551,444       556,371
                                                        ---------     ---------
Shareholders' equity
      Common stock .................................          149           149
      Additional paid-in capital ...................      107,023       106,884
      Retained earnings ............................      118,529       113,582
      ESOP debt guarantee ..........................       (8,494)       (8,703)
      Unearned restricted stock ....................       (2,618)       (2,843)
      Total accumulated other comprehensive loss ...       (5,753)       (5,616)
                                                        ---------     ---------
Total shareholders' equity .........................      208,836       203,453
                                                        ---------     ---------
Total liabilities and shareholders' equity .........    $ 760,280     $ 759,824
                                                        =========     =========

</TABLE>

SEE ACCOMPANYING NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS.




                                     - 2 -

<PAGE>

                          COLUMBUS MCKINNON CORPORATION
        CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND RETAINED EARNINGS
                                   (UNAUDITED)

<TABLE>
<CAPTION>

                                                          THREE MONTHS ENDED
                                                          ------------------
                                                         JULY 2,       JULY 4,
                                                          2000          1999
                                                        ---------     ---------
                                                         (IN THOUSANDS, EXCEPT
                                                            PER SHARE DATA)


<S>                                                     <C>           <C>
Net sales ......................................        $ 188,378     $ 181,601
Cost of products sold ..........................          141,164       134,488
                                                        ---------     ---------
Gross profit ...................................           47,214        47,113
                                                        ---------     ---------
Selling expenses ...............................           12,482        12,758
General and administrative expenses ............           10,340         9,487
Amortization of intangibles ....................            4,014         4,002
                                                        ---------     ---------
                                                           26,836        26,247
                                                        ---------     ---------

Income from operations .........................           20,378        20,866
Interest and debt expense ......................            9,281         8,279
Interest and other income ......................              941           247
                                                        ---------     ---------
Income before income taxes .....................           12,038        12,834
Income tax expense .............................            6,092         6,439
                                                        ---------     ---------
Net income .....................................            5,946         6,395
Retained earnings - beginning of period ........          113,582       100,455
Cash dividends of $0.07 per share ..............             (999)         (985)
                                                        ---------     ---------
Retained earnings - end of period ..............        $ 118,529     $ 105,865
                                                        =========     =========

Earnings per share data, basic .................        $    0.42     $    0.46
                                                        =========     =========
Earnings per share data, diluted ...............        $    0.42     $    0.45
                                                        =========     =========
</TABLE>


SEE ACCOMPANYING NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS.







                                     - 3 -

<PAGE>


                          COLUMBUS MCKINNON CORPORATION
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)
<TABLE>
<CAPTION>

                                                                    THREE MONTHS ENDED
                                                                    ------------------
                                                                    JULY 2,     JULY 4,
                                                                     2000        1999
                                                                   --------    --------
                                                                      (IN THOUSANDS)

OPERATING ACTIVITIES:

<S>                                                                <C>         <C>
Net income .....................................................   $  5,946    $  6,395
Adjustments to reconcile net income to net cash
    (used in) provided by operating activities:
      Depreciation and amortization ............................      7,140       7,225
      Deferred income taxes ....................................        (96)        141
      Other ....................................................        334         190
      Changes in operating assets and liabilities net of effects
         from businesses purchased:
           Trade accounts receivable ...........................     (9,598)      2,919
           Unbilled revenues and excess billings ...............      4,774      (1,702)
           Inventories .........................................     (2,391)      2,823
           Prepaid expenses ....................................       (238)       (844)
           Other assets ........................................       (155)        168
           Trade accounts payable ..............................     (7,011)     (9,775)
           Accrued and non-current liabilities .................     (2,547)     (4,242)
                                                                   --------    --------
Net cash (used in) provided by operating activities ............     (3,842)      3,298
                                                                   --------    --------

INVESTING ACTIVITIES:

Purchase of marketable securities, net of sales ................     (1,065)     (2,138)
Capital expenditures ...........................................     (1,929)     (2,323)
Purchases of businesses, net of cash ...........................          -      (6,366)
Net assets held for sale .......................................       (258)        (71)
                                                                   --------    --------
Net cash used in investing activities ..........................     (3,252)    (10,898)
                                                                   --------    --------

FINANCING ACTIVITIES:

Proceeds from issuance of common stock .........................          -           1
Net borrowings under revolving line-of-credit agreements .......      4,289       4,849
Repayment of debt ..............................................     (1,201)       (886)
Dividends paid .................................................       (999)       (985)
Reduction of ESOP debt guarantee ...............................        209         209
Other ..........................................................          -        (131)
                                                                   --------    --------
Net cash provided by financing activities ......................      2,298       3,057
Effect of exchange rate changes on cash ........................        276       1,160
                                                                   --------    --------
Net decrease in cash and cash equivalents ......................     (4,520)     (3,383)
Cash and cash equivalents at beginning of period ...............      7,582       6,867
                                                                   --------    --------
Cash and cash equivalents at end of period .....................   $  3,062    $  3,484
                                                                   ========    ========
</TABLE>

SEE ACCOMPANYING NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS.




                                     - 4 -

<PAGE>


                          COLUMBUS MCKINNON CORPORATION
            CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
                                   (UNAUDITED)
<TABLE>
<CAPTION>

                                                                          THREE MONTHS ENDED
                                                                          ------------------
                                                                          JULY 2,    JULY 4,
                                                                           2000       1999
                                                                          -------    -------
                                                                            (IN THOUSANDS)

<S>                                                                       <C>        <C>
Net income ............................................................   $ 5,946    $ 6,395
                                                                          -------    -------
Other comprehensive (loss) income, net of tax:
  Foreign currency translation adjustments ............................       291        515
  Unrealized gains on investments
    Unrealized holding gains arising during the period ................       147         53
    Less:  reclassification adjustment for gains included in net income      (575)         -
                                                                          -------    -------
                                                                             (428)        53
                                                                          -------    -------
Total other comprehensive (loss) income ...............................      (137)       568
                                                                          -------    -------
Comprehensive income ..................................................   $ 5,809    $ 6,963
                                                                          =======    =======

</TABLE>

SEE ACCOMPANYING NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS.
























                                     - 5 -
<PAGE>



                          COLUMBUS MCKINNON CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)

                                  JULY 2, 2000

1.   The accompanying unaudited condensed consolidated financial statements have
     been prepared in accordance with generally accepted  accounting  principles
     for  interim  financial  information.  In the  opinion of  management,  all
     adjustments  (consisting of normal recurring accruals) considered necessary
     for a fair presentation of the financial position of the Company at July 2,
     2000,  and the results of its  operations  and its cash flows for the three
     month  periods  ended  July 2, 2000 and July 4, 1999,  have been  included.
     Results for the period ended July 2, 2000 are not necessarily indicative of
     the results  that may be expected  for the year ended March 31,  2001.  For
     further  information,  refer to the consolidated  financial  statements and
     footnotes  thereto  included in the Columbus  McKinnon  Corporation  annual
     report on Form 10-K for the year ended March 31, 2000.

     Columbus  McKinnon  Corporation  (the  Company) is a  broad-line  designer,
     manufacturer and supplier of sophisticated  material handling products that
     are widely  distributed to  industrial,  automotive,  and consumer  markets
     worldwide;  integrated  material  handling  solutions  for  the  automotive
     markets; and integrated material handling solutions for industrial markets.
     The  Company's  material  handling  products  are  sold,  domestically  and
     internationally,  principally to third party  distributors  through diverse
     distribution channels, and to a lesser extent directly to manufacturers and
     other  end-users.  The Company's  integrated  material  handling  solutions
     automotive   business   primarily  deals  with  end  users  and  sales  are
     concentrated domestically and internationally (primarily North America), in
     the  automotive  industry.   The  Company's  integrated  material  handling
     solutions  industrial  businesses  also deal  primarily  with end users and
     sales  are  concentrated,   domestically  and  internationally   (primarily
     Europe),  in the consumer  products,  manufacturing,  warehousing and, to a
     lesser extent,  the steel,  construction,  automotive and other  industrial
     markets.

2.   Inventories consisted of the following:

                                                   JULY 2,           MARCH 31,
                                                    2000               2000
                                                -----------        -----------
                                                        (IN THOUSANDS)
     At cost - FIFO basis:

        Raw materials                           $    61,479        $    57,198
        Work-in-process                              18,933             20,240
        Finished goods                               37,636             38,329
                                                -----------        -----------
                                                    118,048            115,767
     LIFO cost less than FIFO cost                   (7,366)            (7,476)
                                                ------------       ------------
                                                $   110,682        $   108,291
                                                ===========        ===========


     An actual  valuation of inventory under the LIFO method can be made only at
     the end of each year based on the inventory  levels and costs at that time.
     Accordingly,  interim  LIFO  calculations  must  necessarily  be  based  on
     management's  estimates of expected  year-end  inventory  levels and costs.
     Because  these are  subject to many  forces  beyond  management's  control,
     interim results are subject to the final year-end LIFO inventory valuation.




                                     - 6 -

<PAGE>

3.   Property,  plant,  and equipment is net of $56,013,000  and  $52,887,000 of
     accumulated depreciation at July 2, 2000 and March 31, 2000, respectively.

4.   Goodwill and other intangibles, net includes $50,270,000 and $46,256,000 of
     accumulated amortization at July 2, 2000 and March 31, 2000, respectively.

5.   General and Product  Liability - The accrued general and product  liability
     costs,  which  are  included  in  other  non-current  liabilities,  are the
     actuarial  present  value  of  estimated   expenditures  based  on  amounts
     determined  from loss reports and individual  cases filed with the Company,
     and an  amount,  based on past  experience,  for  losses  incurred  but not
     reported.  The accrual in these condensed consolidated financial statements
     was  determined  by  applying a discount  factor  based on  interest  rates
     customarily used in the insurance industry.

6.   The carrying amount of the Company's senior debt  instruments  approximates
     the fair values.  The Company's  subordinated  debt has an approximate fair
     value  of   $176,000,000   which  is  less  than  its  carrying  amount  of
     $199,588,000.

7.   The  following  table  sets  forth the  computation  of basic  and  diluted
     earnings per share before extraordinary charge for debt extinguishment:
<TABLE>
<CAPTION>

                                                            THREE MONTHS ENDED
                                                            ------------------
                                                            JULY 2,   JULY 4,
                                                             2000      1999
                                                            -------   -------
                                                             (IN THOUSANDS)
Numerator for basic and diluted earnings per share:

<S>                                                         <C>       <C>
  Net income ............................................   $ 5,946   $ 6,395
                                                            =======   =======

Denominators:
  Weighted-average common stock outstanding -
      denominator for basic EPS .........................    14,287    13,972

  Effect of dilutive employee stock options .............      --         222
                                                            -------   -------

  Adjusted weighted-average common stock outstanding
    and assumed conversions - denominator for diluted EPS    14,287    14,194
                                                            =======   =======
</TABLE>


8.   Income tax expense for the three-month  periods ended July 2, 2000 and July
     4, 1999 exceeds the customary  relationship  between income tax expense and
     income before income taxes due to nondeductible amortization of goodwill of
     $3,074,000, and $3,076,000, respectively.

9.   On April 29, 1999,  the Company  acquired all of the  outstanding  stock of
     Washington Equipment Company ("WECO"), a regional manufacturer and servicer
     of overhead cranes. The total cost of the acquisition,  which was accounted
     for as a purchase,  was approximately $6.4 million of cash and was financed
     by proceeds from the Company's revolving debt facility.




                                     - 7 -

<PAGE>

10.  As a result of the way the Company  manages the  business,  its  reportable
     segments are strategic  business  units that offer  products with different
     characteristics.   The  most  defining  characteristic  is  the  extent  of
     customized  engineering  required on a per-order  basis.  In addition,  the
     segments  serve  different  customer  bases  through  differing  methods of
     distribution.  The Company has three reportable segments: material handling
     products,  material handling solutions - industrial,  and material handling
     solutions - automotive.  The Company's  material  handling products segment
     sells hoists,  industrial cranes,  chain,  attachments,  and other material
     handling products  principally to third party distributors  through diverse
     distribution channels. The material handling solutions industrial - segment
     sells engineered material handling systems such as conveyors, manipulators,
     and  lift  tables   primarily  to  end-users  in  the  consumer   products,
     manufacturing,   warehousing,   and,  to  a  lesser   extent,   the  steel,
     construction,  automotive,  and  other  industrial  markets.  The  material
     handling solutions - automotive segment sells engineered  material handling
     systems,  mainly  conveyors,  primarily  to  end-users  in  the  automotive
     industry.  The  accounting  policies of the  segments are the same as those
     described in the summary of significant  accounting policies.  Intersegment
     sales are not  significant.  The  Company  evaluates  performance  based on
     operating earnings of the respective business units prior to the effects of
     amortization.

     Segment  information as of and for the quarters ended July 2, 2000 and July
     4, 1999, is as follows:

<TABLE>
<CAPTION>

                                                      THREE MONTHS ENDED JULY 2, 2000
                                                      -------------------------------
                                                         SOLUTIONS -     SOLUTIONS -
                                          PRODUCTS       INDUSTRIAL      AUTOMOTIVE         TOTAL
                                          --------       ----------      ----------       --------
                                                              (IN THOUSANDS)
<S>                                      <C>             <C>              <C>             <C>
       Sales to external customers...     $125,196        $ 17,513        $ 45,669        $188,378
       Operating income before
          amortization...............       19,618           1,841           2,933          24,392
       Depreciation and amortization.        5,012             729           1,399           7,140
       Total assets..................      493,176          69,943         197,161         760,280
       Capital expenditures..........        1,915              16              (2)          1,929



                                                      THREE MONTHS ENDED JULY 4, 1999
                                                      -------------------------------
                                                         SOLUTIONS -     SOLUTIONS -
                                          PRODUCTS       INDUSTRIAL      AUTOMOTIVE         TOTAL
                                          --------       ----------      ----------       --------
                                                              (IN THOUSANDS)
       Sales to external customers...     $131,001        $ 15,052        $ 35,548        $181,601
       Operating income
         amortization................       23,105           1,176             587          24,868
       Depreciation and amortization.        5,014             788           1,423           7,225
       Total assets..................      514,375          68,656         182,308         765,339
       Capital expenditures..........        2,060             218              45           2,323

</TABLE>


                                     - 8 -
<PAGE>

     The following schedule provides a reconciliation of operating income before
     amortization with consolidated income before income taxes:
<TABLE>
<CAPTION>
                                                                                    THREE MONTHS ENDED
                                                                                    ------------------
                                                                              JULY 2, 2000      JULY 4, 1999
                                                                              ------------      ------------
                                                                                      (IN THOUSANDS)

<S>                                                                             <C>               <C>
       Operating income before amortization..........................           $ 24,392          $ 24,868
       Amortization of intangibles...................................             (4,014)           (4,002)
       Interest and debt expense.....................................             (9,281)           (8,279)
       Interest and other income.....................................                941               247
                                                                                --------          --------
       Income before income taxes....................................           $ 12,038          $ 12,834
                                                                                ========          ========

</TABLE>

11.  The summary  financial  information  of the parent,  domestic  subsidiaries
     (guarantors)  and foreign  subsidiaries  (nonguarantors  of the 8.5% senior
     subordinated notes) follows:

<TABLE>
<CAPTION>

                                                                Domestic     Foreign       Elimina-     Consoli-
(IN THOUSANDS)                                       Parent   subsidiaries subsidiaries     tions        dated
                                                   -------------------------------------------------------------
AS OF JULY 2, 2000 Current assets:
<S>                                                 <C>         <C>         <C>        <C>
 Cash and cash equivalents .....................   $  (1,261)   $     299    $   4,024    $       -    $   3,062
 Trade accounts receivable .....................      61,550       65,485       25,964            -      152,999
 Unbilled revenues .............................           -       21,567            -            -       21,567
 Inventories ...................................      48,203       38,221       25,137         (879)     110,682
 Other current assets ..........................       4,025        7,923        4,001            -       15,949
                                                   -------------------------------------------------------------
  Total current assets .........................     112,517      133,495       59,126         (879)     304,259
Net property, plant, and equipment .............      35,262       31,873       18,965            -       86,100
Goodwill and other intangibles, net ............      40,569      245,230       49,526            -      335,325
Intercompany ...................................     195,212     (358,845)     (64,463)     228,096            -
Other assets ...................................     225,603      161,656       (1,984)    (350,679)      34,596
                                                   -------------------------------------------------------------
  Total assets .................................   $ 609,163    $ 213,409    $  61,170    $(123,462)   $ 760,280
                                                   =============================================================


Current liabilities ............................   $  32,860    $  48,036    $  20,298    $  (1,928)   $  99,266
Long-term debt, less current portion ...........     409,755           10        5,877            -      415,642
Other non-current liabilities ..................      15,190       18,549        2,797            -       36,536
                                                   -------------------------------------------------------------
  Total liabilities ............................     457,805       66,595       28,972       (1,928)     551,444
                                                   -------------------------------------------------------------

Shareholders' equity ...........................     151,358      146,814       32,198     (121,534)     208,836
                                                   -------------------------------------------------------------

  Total liabilities and shareholders' equity....   $ 609,163    $ 213,409    $  61,170    $(123,462)   $ 760,280
                                                   =============================================================

FOR THE THREE MONTHS ENDED JULY 2, 2000
Net sales ......................................   $  66,979    $  97,534    $  29,742    $  (5,877)   $ 188,378
Cost of products sold ..........................      45,737       79,350       21,958       (5,881)     141,164
                                                   -------------------------------------------------------------
Gross profit ...................................      21,242       18,184        7,784            4       47,214
                                                   -------------------------------------------------------------
Selling, general and administrative expenses           9,747        8,098        4,977            -       22,822
Amortization of intangibles ....................         508        2,894          612            -        4,014
                                                   -------------------------------------------------------------
                                                      10,255       10,992        5,589            -       26,836
                                                   -------------------------------------------------------------
Income from operations .........................      10,987        7,192        2,195            4       20,378
Interest and debt expense ......................       9,130            -          151            -        9,281
Interest and other income ......................         773           60          108            -          941
                                                   -------------------------------------------------------------
Income before income taxes .....................       2,630        7,252        2,152            4       12,038
Income tax expense .............................       1,233        3,852        1,006            1        6,092
                                                   -------------------------------------------------------------
Net income .....................................   $   1,397    $   3,400    $   1,146    $       3    $   5,946
                                                   =============================================================

                                     - 9 -
<PAGE>

                                                                Domestic     Foreign       Elimina-     Consoli-
(IN THOUSANDS)                                       Parent   subsidiaries subsidiaries     tions        dated
                                                   -------------------------------------------------------------
FOR THE THREE MONTHS ENDED JULY 2, 2000
OPERATING ACTIVITIES:

Net cash (used in) provided by operating
   activities ..................................   $  (7,060)   $   3,061    $     157    $       -    $  (3,842)
                                                   -------------------------------------------------------------

INVESTING ACTIVITIES:
Purchase of marketable securities, net .........      (1,065)           -            -            -       (1,065)
Capital expenditures ...........................        (865)        (794)        (270)           -       (1,929)
Other ..........................................        --           (258)           -            -         (258)
                                                   -------------------------------------------------------------
Net cash used in investing activities ..........      (1,930)      (1,052)        (270)           -       (3,252)
                                                   -------------------------------------------------------------

FINANCING ACTIVITIES:
Net borrowings (payments) under revolving
   line-of-credit agreements ...................       3,900            -          389            -        4,289
Repayment of debt ..............................      (1,135)          (9)         (57)           -       (1,201)
Dividends paid .................................        (999)           -            -            -         (999)
Other ..........................................         209            -            -            -          209
                                                   -------------------------------------------------------------
Net cash provided by (used in) financing
   activities...................................       1,975           (9)         332            -        2,298
Effect of exchange rate changes on cash ........           -            -          276            -          276
                                                   -------------------------------------------------------------
Net change in cash and cash equivalents ........      (7,015)       2,000          495            -       (4,520)
Cash and cash equivalents at beginning of period       5,754       (1,701)       3,529            -        7,582
                                                   -------------------------------------------------------------
Cash and cash equivalents at end of period .....   $  (1,261)   $     299    $   4,024    $       -    $   3,062
                                                   =============================================================


AS OF JULY 4, 1999
Current assets:
 Cash and cash equivalents .....................   $     803    $   1,143    $   1,538    $       -    $   3,484
 Trade accounts receivable .....................      54,740       57,287       23,770            -      135,797
 Unbilled revenues .............................           -       13,462            -            -       13,462
 Inventories ...................................      48,372       39,520       27,239       (1,004)     114,127
 Other current assets ..........................       3,529       10,322        3,440            -       17,291
                                                   -------------------------------------------------------------
  Total current assets .........................     107,444      121,734       55,987       (1,004)     284,161
Net property, plant, and equipment .............      36,859       33,571       20,009            -       90,439
Goodwill and other intangibles, net ............      42,499      261,396       53,027            -      356,922
Intercompany ...................................     213,795     (375,176)     (65,517)     226,898            -
Other assets ...................................     221,271      162,491       (1,266)    (348,679)      33,817
                                                   -------------------------------------------------------------
  Total assets .................................   $ 621,868    $ 204,016    $  62,240    $(122,785)   $ 765,339
                                                   =============================================================


Current liabilities ............................   $  39,797    $  48,837    $  21,666    $  (3,114)   $ 107,186
Long-term debt, less current portion ...........     419,725            -        6,523            -      426,248
Other non-current liabilities ..................      11,623       22,042        2,968            -       36,633
                                                   -------------------------------------------------------------
  Total liabilities ............................     471,145       70,879       31,157       (3,114)     570,067
                                                   -------------------------------------------------------------

Shareholders' equity ...........................     150,723      133,137       31,083     (119,671)     195,272
                                                   -------------------------------------------------------------
  Total liabilities and shareholders' equity ...   $ 621,868    $ 204,016    $  62,240    $(122,785)   $ 765,339
                                                   =============================================================



                                     - 10 -

<PAGE>




                                                                Domestic     Foreign       Elimina-     Consoli-
(IN THOUSANDS)                                       Parent   subsidiaries subsidiaries     tions        dated
                                                   -------------------------------------------------------------
FOR THE THREE MONTHS ENDED JULY 4, 1999
Net sales ......................................   $  68,814    $  88,921    $  29,857    $  (5,991)   $ 181,601
Cost of products sold ..........................      46,430       72,563       21,444       (5,949)     134,488
                                                   -------------------------------------------------------------
Gross profit ...................................      22,384       16,358        8,413          (42)      47,113
                                                   -------------------------------------------------------------
Selling, general and administrative expenses ...       8,715        7,393        6,137            -       22,245
Amortization of intangibles ....................         489        2,861          652            -        4,002
                                                   -------------------------------------------------------------
                                                       9,204       10,254        6,789            -       26,247
                                                   -------------------------------------------------------------
Income from operations .........................      13,180        6,104        1,624          (42)      20,866
Interest and debt expense ......................       8,098            2          179            -        8,279
Interest and other income ......................         113           77           57            -          247
                                                   -------------------------------------------------------------
Income before income taxes .....................       5,195        6,179        1,502          (42)      12,834
Income tax expense .............................       2,177        3,431          848          (17)       6,439
                                                   -------------------------------------------------------------
Net income .....................................   $   3,018    $   2,748    $     654        $ (25)   $   6,395
                                                   =============================================================



FOR THE THREE MONTHS ENDED JULY 4, 1999
OPERATING ACTIVITIES:
Net cash (used in) provided by operating
   activities ..................................   $  (1,824)   $   7,346    $  (2,363)   $     139    $   3,298
                                                   -------------------------------------------------------------

INVESTING ACTIVITIES:
Purchase of marketable securities, net .........      (2,138)           -            -            -       (2,138)
Capital expenditures ...........................      (1,692)        (355)        (276)           -       (2,323)
Purchases of businesses, net of cash ...........        --         (6,317)           -          (49)      (6,366)
Other ..........................................        --            (71)           -            -          (71)
                                                   -------------------------------------------------------------

Net cash used in investing activities ..........      (3,830)      (6,743)        (276)         (49)     (10,898)
                                                   -------------------------------------------------------------

FINANCING ACTIVITIES:
Proceeds from issuance of common stock .........           1          136            -         (136)           1
Net borrowings (payments) under revolving
  line-of-credit agreements ....................       5,000            -         (151)           -        4,849
Repayment of debt ..............................        (750)           -         (136)           -         (886)
Dividends paid .................................        (981)          (4)           -            -         (985)
Other ..........................................          78            -            -            -           78
                                                   -------------------------------------------------------------
Net cash provided by (used in) financing
activities......................................       3,348          132         (287)        (136)       3,057
Effect of exchange rate changes on cash ........           -            -        1,114           46        1,160
                                                   -------------------------------------------------------------
Net change in cash and cash equivalents ........      (2,306)         735       (1,812)           -       (3,383)
Cash and cash equivalents at beginning of period       3,109          408        3,350            -        6,867
                                                   -------------------------------------------------------------
Cash and cash equivalents at end of period .....   $     803    $   1,143    $   1,538    $       -    $   3,484
                                                   =============================================================
</TABLE>


12.  The  Financial  Accounting  Standards  Board  (FASB)  issued  Statement  of
     Financial   Accounting   Standards  No.  133   "Accounting  for  Derivative
     Instruments and Hedging  Activities," in June of 1998. The FASB issued SFAS
     137 in June of 1999 which defers the  effective  date of SFAS 133 to fiscal
     years  beginning  after  June  15,  2000.  Statement  No.  133  establishes
     accounting and reporting  standards for derivatives and hedging activities.
     It requires that entities  recognize  all  derivatives  as either assets or
     liabilities  in the  statement  of  financial  position  and measure  those
     instruments at fair value.  Compliance  with this statement will not have a
     material impact on the Company at the present time.


                                     - 11 -
<PAGE>


Item 2.              MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  RESULTS OF OPERATIONS AND FINANCIAL CONDITION


OVERVIEW

The  Company  is  a   broad-line   designer,   manufacturer,   and  supplier  of
sophisticated  material  handling  products  and  integrated  material  handling
solutions that are widely  distributed  to  industrial,  automotive and consumer
markets  worldwide;  integrated  material handling  solutions for the automotive
markets;  and integrated  material  handling  solutions for  industrial  markets
worldwide.  The Company's material handling products are sold,  domestically and
internationally,   principally  to  third  party  distributors  through  diverse
distribution  channels.  Distribution  channels  include  general  distributors,
specialty  distributors,   crane  end  users,  service-after-sale  distributors,
original   equipment   manufacturers   ("OEMs"),   government,    consumer   and
international.   The  general   distributors   are   comprised   of   industrial
distributors,  rigging shops and crane builders.  Specialty distributors include
catalog  houses,  material  handling  specialists  and  entertainment  equipment
riggers.  The  service-after-sale  network  includes  repair parts  distribution
centers, chain service centers, and hoist repair centers.  Consumer distribution
channels  include  mass  merchandisers,   hardware  distributors,  trucking  and
transportation distributors,  farm hardware distributors and rental outlets. The
Company's   integrated  material  handling  solutions  segments  primarily  deal
directly  with  end-users.  Material  handling  solutions  automotive  sales are
concentrated,  domestically and internationally (primarily North America) in the
automotive   industry.   Material  handling   solutions   industrial  sales  are
concentrated,  domestically and internationally  (primarily Europe), in consumer
products  manufacturing,  warehousing  and,  to  a  lesser  extent,  the  steel,
construction, automotive, and other industrial markets.


RESULTS OF OPERATIONS

THREE MONTHS ENDED JULY 2, 2000 AND JULY 4, 1999
Net sales in the fiscal 2001 quarter  ended July 2, 2000 were  $188,378,000,  an
increase of  $6,777,000 or 3.7% from the fiscal 2000 quarter ended July 4, 1999.
Sales in the  Products  segment  were  down  roughly  4.4% as a result  of fewer
production/shipping  days in the fiscal 2001 quarter and softness in  industrial
markets.  Sales  in the  Solutions-Industrial  segment  increased  by 16.3% as a
result of new product offerings and expanding markets. The  Solutions-Automotive
segment  had a sales  increase  of  28.5%  as a  result  of  improving  contract
bookings.  Sales in the  individual  segments  were as follows,  in thousands of
dollars and with percentage changes for each group:

<TABLE>
<CAPTION>

                                 THREE MONTHS ENDED
                                 ------------------
                                 JULY 2,      JULY 4,            CHANGE
                                  2000         1999        AMOUNT        %
                                --------     --------     --------      ----
                                       (IN THOUSANDS, EXCEPT PERCENTAGES)

<S>                             <C>          <C>          <C>           <C>
Products ....................   $125,196     $131,001     $ (5,805)     (4.4)
Solutions-Industrial ........     17,513       15,052        2,461      16.3
Solutions-Automotive ........     45,669       35,548       10,121      28.5
                                --------     --------     --------
Consolidated net sales.......   $188,378     $181,601     $  6,777       3.7
                                ========     ========     ========
</TABLE>








                                     - 12 -

<PAGE>

The Company's  gross profit margins were  approximately  25.1% and 25.9% for the
fiscal 2001 and 2000 quarters, respectively. The decrease in gross profit margin
is a combination of offsetting  fluctuations in the various segments.  The gross
profit   margin   decreased  in  the  Products   segment   primarily  due  to  a
reclassification   of   approximately   $900,000  of  costs  from   general  and
administrative  expenses for corporate consistency,  and lower sales volume. The
Solutions-Industrial  segment experienced increased gross profit margins for the
fiscal 2001 quarter as a result of increased volume. Gross profit margins in the
Solutions-Automotive  segment  increased  for the first  quarter  of 2001 due to
improved contract pricing, the realization of cost saving methodologies employed
in the middle of the fiscal  2000 year,  and the  absence of certain  low margin
foreign contracts which occurred in the first quarter of fiscal 2000.

Selling  expenses were  $12,482,000  and $12,758,000 in the fiscal 2001 and 2000
quarters,  respectively.  As a percentage  of  consolidated  net sales,  selling
expenses were 6.6% and 7.0% for the fiscal 2001 and 2000 quarters, respectively.
The reduction is due to cost control efforts and increased sales volume.

General and  administrative  expenses were  $10,340,000,  and  $9,487,000 in the
fiscal 2001 and 2000 quarters, respectively. As a percentage of consolidated net
sales, general and administrative expenses were 5.5% and 5.2% in the fiscal 2001
and 2000 quarters,  respectively.  The increase is a result of increased product
liability  expense recorded by the Company's  captive  insurance  company.  This
increased  expense  is a result of and offset by the  higher  investment  income
shown on the interest and other income line.

Amortization of intangibles was $4,014,000 and $4,002,000 in the fiscal 2001 and
2000 quarters, respectively.

Income from  operations  decreased  $488,000 or 2.3% in the fiscal 2001 quarter,
compared to the fiscal 2000 quarter.  This is based on income from operations of
$20,378,000 and $20,865,000 or 10.8% and 11.5% of consolidated net sales for the
fiscal 2001 and 2000 quarters, respectively.

Interest and debt expense was $9,281,000,  and $8,279,000 in the fiscal 2001 and
2000  quarters,  respectively.  The fiscal 2001 increase is solely the result of
increasing  interest rates. As a percentage of consolidated net sales,  interest
and  debt  expense  was  4.9% and  4.6% in the  fiscal  2001 and 2000  quarters,
respectively.

Interest  and other income was $941,000 and $247,000 in the fiscal 2001 and 2000
quarters,  respectively.  The increase in the current year fiscal quarter is the
result of the investment  earnings on assets in the Company's  captive insurance
company.

Income taxes as a percentage  of income before income taxes were 50.6% and 50.2%
in the fiscal 2001 and 2000 quarters,  respectively. The percentages reflect the
effect of nondeductible amortization of goodwill resulting from acquisitions.

Net income, therefore,  decreased $449,000 or 7.0% for the quarter ended July 2,
2000.  This is based on net income of $5,946,000 and $6,395,000 for the quarters
ended July 2, 2000 and July 4, 1999, respectively.


LIQUIDITY AND CAPITAL RESOURCES

On  April  29,  1999,  the  Company  acquired  all of the  outstanding  stock of
Washington  Equipment  Company (WECO),  a regional  manufacturer and servicer of
overhead cranes. The total cost of the acquisition, which was accounted for as a
purchase,  was approximately  $6.4 million and was financed by proceeds from the
Company's revolving credit facility.








                                     - 13 -

<PAGE>


The 1998 Revolving Credit Facility provides availability up to $300 million, due
March 31, 2003,  reduced to $275 million and $250  million  effective  March 31,
2001 and 2002,  respectively,  against which $208.9  million was  outstanding at
July 2, 2000. Interest is payable at varying Eurodollar and Prime rates based on
LIBOR plus a spread determined by the Company's  leverage ratio amounting to 200
basis points at July 31, 2000 or the lender's  prime rate plus 50 basis  points.
The 1998  Revolving  Credit  Facility  is secured by all  equipment,  inventory,
receivables,  subsidiary  stock  (limited to 65% for foreign  subsidiaries)  and
intellectual property.

The  senior  subordinated  8 1/2% Notes  issued on March 31,  1998  amounted  to
$199,468,000,  net of original  issue discount of $532,000 and are due March 31,
2008.  Interest is payable  semi-annually  based on an effective  rate of 8.45%,
considering  $1,902,000  of  proceeds  from  rate  hedging  in  advance  of  the
placement.   Provisions  of  the  8  1/2%  Notes  include,  without  limitation,
restrictions  of liens,  indebtedness,  asset  sales,  and  dividends  and other
restricted payments.  Prior to April 1, 2003, the 8 1/2% Notes are redeemable at
the option of the  Company,  in whole or in part,  at the  Make-Whole  Price (as
defined  in the 8 1/2% Notes  agreement).  On or after  April 1, 2003,  they are
redeemable at prices  declining  annually to 100% on and after April 1, 2006. In
addition,  on or prior to April 1, 2001, the Company may redeem up to 35% of the
outstanding notes with the proceeds of equity offerings at a redemption price of
108.5%, subject to certain restrictions. In the event of a Change of Control (as
defined in the  indenture  for such notes),  each holder of the 8 1/2% Notes may
require the Company to repurchase all or a portion of such holder's 8 1/2% Notes
at a purchase price equal to 101% of the principal  amount  thereof.  The 8 1/2%
Notes are guaranteed by certain domestic subsidiaries and are not subject to any
sinking fund requirements.

The Company believes that its cash on hand, cash flows,  and borrowing  capacity
under its  revolving  credit  facility  will be  sufficient  to fund its ongoing
operations,  budgeted capital  expenditures,  and business  acquisitions for the
next twelve months.

Net cash used by operating  activities was $3,842,000 for the three months ended
July 2, 2000 while net cash provided by operating  activities was $3,298,000 for
the three months ended July 4, 1999. The $7,140,000 difference is due to changes
in net working capital components, primarily accounts receivable.

Net cash used in  investing  activities  decreased to  $3,252,000  for the three
months  ended July 2, 2000 from  $10,898,000  for the three months ended July 4,
1999. The $7,646,000 decrease is due primarily to the acquisition of WECO in the
first quarter of fiscal 2000.

Net cash provided by financing  activities  was  $2,298,000 for the three months
ended July 2, 2000 versus $3,057,000 for the three months ended July 4, 1999.


CAPITAL EXPENDITURES

In addition to keeping its current equipment and plants properly maintained, the
Company is committed to replacing, enhancing, and upgrading its property, plant,
and  equipment  to reduce  production  costs,  increase  flexibility  to respond
effectively to market fluctuations and changes, meet environmental requirements,
enhance safety, and promote  ergonomically  correct work stations.  Consolidated
capital  expenditures  for the three  months ended July 2, 2000 and July 4, 1999
were $1,929,000 and $2,323,000, respectively.







                                     - 14 -

<PAGE>


INFLATION AND OTHER MARKET CONDITIONS

The  Company's  costs are affected by inflation  in the U.S.  economy,  and to a
lesser extent, in foreign economies including those of Europe,  Canada,  Mexico,
and the Pacific  Rim.  The Company  does not believe  that  inflation  has had a
material effect on results of operations over the periods  presented  because of
low inflation levels over the periods and because the Company has generally been
able to pass on rising costs through  price  increases.  However,  in the future
there can be no assurance  that the  Company's  business will not be affected by
inflation or that it will be able to pass on cost increases.


SEASONALITY AND QUARTERLY RESULTS

Quarterly  results may be  materially  affected by the timing of large  customer
orders,  by  periods  of  high  vacation  and  holiday  concentrations,  and  by
acquisitions and the magnitude of acquisition  costs.  Therefore,  the operating
results for any  particular  fiscal  quarter are not  necessarily  indicative of
results for any subsequent fiscal quarter or for the full fiscal year.


EFFECTS OF NEW ACCOUNTING PRONOUNCEMENTS

The Financial  Accounting  Standards Board (FASB) issued  Statement of Financial
Accounting Standards No. 133 "Accounting for Derivative  Instruments and Hedging
Activities"  in June of 1998. The FASB issued SFAS 137 in June 1999 which defers
the effective  date of SFAS 133 to fiscal years  beginning  after June 15, 2000.
Statement No.133 establishes  accounting and reporting standards for derivatives
and hedging  activities.  It requires that entities recognize all derivatives as
either assets or liabilities in the statement of financial  position and measure
those instruments at fair value.  Compliance with this statement will not have a
material impact on the Company at the present time.


SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This report may include  "forward-looking  statements" within the meaning of the
Private Securities  Litigation Reform Act of 1995. Such statements 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  integration  of  acquisitions  and other  factors
disclosed  in  the  Company's   periodic  reports  filed  with  the  Commission.
Consequently such forward-looking statements should be regarded as the Company's
current  plans,  estimates  and  beliefs.  The Company  does not  undertake  and
specifically  declines  any  obligation  to publicly  release the results of any
revisions to these  forward-looking  statements  that may be made to reflect any
future events or  circumstances  after the date of such statements or to reflect
the occurrence of anticipated or unanticipated events.










                                     - 15 -

<PAGE>


PART II. OTHER INFORMATION

Item 1.  Legal Proceedings - none.

Item 2.  Changes in Securities - none.

Item 3.  Defaults upon Senior Securities - none.

Item 4.  Submission of Matters to a Vote of Security Holders - none.

Item 5.  Other Information - none.

Item 6.  Exhibits and Reports on Form 8-K - none.































                                    - 16 -

<PAGE>


                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                          COLUMBUS MCKINNON CORPORATION
                                          -----------------------------
                                                  (Registrant)






Date: AUGUST 16, 2000                     /S/ ROBERT L. MONTGOMERY, JR.
      ----------------                    -----------------------------
                                          Robert L. Montgomery, Jr.
                                          Executive Vice President and
                                             Chief Financial Officer
                                             (Principal Financial Officer)




































                                     - 17 -