SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 8-K
                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934



Date of Report (Date of earliest event reported): DECEMBER 3, 2002
                                                  -----------------


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


                                    NEW YORK
                                    --------
                 (State or other jurisdiction of incorporation)



             0-27618                                 16-0547600
     ------------------------             ---------------------------------
     (Commission File Number)             (IRS Employer Identification No.)



140 JOHN JAMES AUDUBON PARKWAY, AMHERST, NEW YORK                 14228-1197
-------------------------------------------------                 ----------
(Address of principal executive offices)                          (Zip Code)




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


--------------------------------------------------------------
 (Former name or former address, if changed since last report)


<PAGE>




Item 5.  OTHER EVENTS

         On November 27, 2002, the registrant  announced the  refinancing of its
existing  senior  secured  credit  facility  with a new  senior  secured  credit
facility and senior second  secured term loan. A copy of new  agreements and the
press  release  issued in  connection  with such action are  attached  hereto as
Exhibit 10.1, Exhibit 10.2, Exhibit 10.3, and Exhibit 99, respectively.
..

Item 7.  EXHIBITS


EXHIBIT NUMBER      DESCRIPTION

10.1                Amended and Restated Credit Agreement,  dated as of November
                    21, 2002, among Columbus McKinnon Corporation,  as Borrower,
                    Larco Industrial  Services Ltd.,  Columbus McKinnon Limited,
                    the Guarantors  named herein,  the lenders from time to time
                    party thereto, Fleet Capital Corporation,  as Administrative
                    Agent,  Fleet  National Bank, as Issuing  Lender,  and Fleet
                    Securities, Inc. as Arranger.

10.2                Financing  Agreement,  dated as of November 21, 2002, by and
                    among  Columbus  McKinnon  Corporation,   as  Borrower,  the
                    Guarantors,  the  financial  institutions  from time to time
                    party hereto, as Lenders, and Regiment Capital III, L.P., as
                    Agent.

10.3                Financing  Agreement,  dated as of November 21, 2002, by and
                    among Columbus McKinnon Limited,  Larco Industrial  Services
                    Ltd., as Borrowers,  the financial institutions from time to
                    time party  hereto,  as Lenders,  and Regiment  Capital III,
                    L.P., as Agent.


99                  Press Release dated November 27, 2002




<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 hereunto duly authorized.





                                       COLUMBUS MCKINNON CORPORATION
                                       -----------------------------


                                       By:    /S/ ROBERT L. MONTGOMERY, JR.
                                             ------------------------------
                                       Name:  Robert L. Montgomery, Jr.
                                       Title: Executive Vice President


Dated:  DECEMBER 3, 2002




<PAGE>





                                 EXHIBIT INDEX


EXHIBIT NUMBER            DESCRIPTION
--------------            -----------

     10.1                 Fleet Amended and Restated Credit Agreement

     10.2                 Regiment Financing Agreement with Domestic Borrowers

     10.3                 Regiment Financing Agreement with Canadian Borrowers

     99                   Press Release dated November 27, 2002
[{"type": "8-K", "sequence": "1", "filename": "newca8k.txt", "description": "NEW CREDIT FACILITY", "secsgml_size_bytes": 4454}]
[{"company-data": {"conformed-name": "YALE INDUSTRIAL PRODUCTS INC", "cik": "0001062624", "irs-number": "710585582", "state-of-incorporation": "MO", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-53759-06", "film-number": "02846869"}, "business-address": {"street1": "140 JOHN JAMES AUDUBON PARKWAY", "city": "AMHERST", "state": "NY", "zip": "19228-1197", "phone": "7166895400"}}, {"company-data": {"conformed-name": "AUTOMATIC SYSTEMS INC", "cik": "0001062623", "irs-number": "430978181", "state-of-incorporation": "MO", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-53759-05", "film-number": "02846870"}, "business-address": {"street1": "140 JOHN JAMES AUDUBON PARKWAY", "city": "AMHERST", "state": "NY", "zip": "19228-1197", "phone": "7166895400"}}, {"company-data": {"conformed-name": "LICO STEEL INC", "cik": "0001062622", "state-of-incorporation": "MO", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-53759-04", "film-number": "02846871"}, "business-address": {"street1": "140 JOHN JAMES AUDUBON PARKWAY", "city": "AMHERST", "state": "NY", "zip": "19228-1197", "phone": "7166895400"}}, {"company-data": {"conformed-name": "COLUMBUS MCKINNON CORP", "cik": "0001005229", "assigned-sic": "3531", "irs-number": "160547600", "state-of-incorporation": "NY", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27618", "film-number": "02846868"}, "business-address": {"street1": "140 JOHN JAMES AUDUBON PKWY", "city": "AMHERST", "state": "NY", "zip": "14228-1197", "phone": "7166895400"}, "mail-address": {"street1": "140 JOHN JAMES AUDUBON PARKWAY", "city": "AMHERST", "state": "NY", "zip": "14228-1197"}}]
SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 8-K
                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): DECEMBER 3, 2002
                                                  -----------------

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

                                    NEW YORK
                                    --------
                 (State or other jurisdiction of incorporation)

             0-27618                                 16-0547600
     ------------------------             ---------------------------------
     (Commission File Number)             (IRS Employer Identification No.)

140 JOHN JAMES AUDUBON PARKWAY, AMHERST, NEW YORK                 14228-1197
-------------------------------------------------                 ----------
(Address of principal executive offices)                          (Zip Code)

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

--------------------------------------------------------------
 (Former name or former address, if changed since last report)
Item 5.  OTHER EVENTS

         On November 27, 2002, the registrant  announced the  refinancing of its
existing  senior  secured  credit  facility  with a new  senior  secured  credit
facility and senior second  secured term loan. A copy of new  agreements and the
press  release  issued in  connection  with such action are  attached  hereto as
Exhibit 10.1, Exhibit 10.2, Exhibit 10.3, and Exhibit 99, respectively.
..

Item 7.  EXHIBITS

EXHIBIT NUMBER      DESCRIPTION

10.1                Amended and Restated Credit Agreement,  dated as of November
                    21, 2002, among Columbus McKinnon Corporation,  as Borrower,
                    Larco Industrial  Services Ltd.,  Columbus McKinnon Limited,
                    the Guarantors  named herein,  the lenders from time to time
                    party thereto, Fleet Capital Corporation,  as Administrative
                    Agent,  Fleet  National Bank, as Issuing  Lender,  and Fleet
                    Securities, Inc. as Arranger.

10.2                Financing  Agreement,  dated as of November 21, 2002, by and
                    among  Columbus  McKinnon  Corporation,   as  Borrower,  the
                    Guarantors,  the  financial  institutions  from time to time
                    party hereto, as Lenders, and Regiment Capital III, L.P., as
                    Agent.

10.3                Financing  Agreement,  dated as of November 21, 2002, by and
                    among Columbus McKinnon Limited,  Larco Industrial  Services
                    Ltd., as Borrowers,  the financial institutions from time to
                    time party  hereto,  as Lenders,  and Regiment  Capital III,
                    L.P., as Agent.

99                  Press Release dated November 27, 2002
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 hereunto duly authorized.

                                       COLUMBUS MCKINNON CORPORATION
                                       -----------------------------

                                       By:    /S/ ROBERT L. MONTGOMERY, JR.
                                             ------------------------------
                                       Name:  Robert L. Montgomery, Jr.
                                       Title: Executive Vice President

Dated:  DECEMBER 3, 2002
EXHIBIT INDEX

EXHIBIT NUMBER            DESCRIPTION
--------------            -----------

     10.1                 Fleet Amended and Restated Credit Agreement

     10.2                 Regiment Financing Agreement with Domestic Borrowers

     10.3                 Regiment Financing Agreement with Canadian Borrowers

     99                   Press Release dated November 27, 2002