<SUBMISSION>
<ACCESSION-NUMBER>0000919574-04-001105
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20030723
<FILING-DATE>20040318
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>BEDFORD SCOTT
<CIK>0001259946
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-27618
<FILM-NUMBER>04677024
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET1>ONE SANSOME STREET
<STREET2>SUITE 3134
<CITY>SAN FRANCISCO
<STATE>CA
<ZIP>94104
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>PENINSULA CAPITAL MANAGEMENT INC
<CIK>0000922616
<STATE-OF-INCORPORATION>CA
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-27618
<FILM-NUMBER>04677025
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>ONE BUSH ST SUITE 1150
<CITY>SAN FRANCISCO
<STATE>CA
<ZIP>94104
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>ONE SANSOME STREET
<STREET2>SUITE 3134
<CITY>SAN FRANCISCO
<STATE>CA
<ZIP>94104
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>COLUMBUS MCKINNON CORP
<CIK>0001005229
<ASSIGNED-SIC>3531
<IRS-NUMBER>160547600
<STATE-OF-INCORPORATION>NY
<FISCAL-YEAR-END>0331
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>140 JOHN JAMES AUDUBON PKWY
<CITY>AMHERST
<STATE>NY
<ZIP>14228-1197
<PHONE>7166895400
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>140 JOHN JAMES AUDUBON PARKWAY
<CITY>AMHERST
<STATE>NY
<ZIP>14228-1197
</MAIL-ADDRESS>
</ISSUER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p459750_ex.xml
<DESCRIPTION>07-23-2003
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2003-07-23</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001005229</issuerCik>
        <issuerName>COLUMBUS MCKINNON CORP</issuerName>
        <issuerTradingSymbol>CMCO</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000922616</rptOwnerCik>
            <rptOwnerName>PENINSULA CAPITAL MANAGEMENT INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE SANSOME STREET, SUITE 3134</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94104</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001259946</rptOwnerCik>
            <rptOwnerName>BEDFORD SCOTT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE SANSOME STREET, SUITE 3134</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94104</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2003-07-23</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2003-07-28</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>42800</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.23</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1533736</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Footnote 2</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Each of the Reporting  Person (each,  a &quot;Reporting  Person&quot; and  collectively,  the  &quot;Reporting
Persons&quot;) disclaims beneficial ownership of the reported securities except to the extent of its
or his pecuniary interest therein. The Reporting Persons affirmatively disclaim being a &quot;group&quot;
for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.</footnote>
        <footnote id="F2">The securities  reported herein are held in the accounts of Peninsula Fund, L.P.  (&quot;Peninsula&quot;)  and
Common  Sense  Partners,  L.P.  (&quot;Common  Sense&quot;)  (collectively  the  &quot;Investment  Vehicles&quot;),  one
investment partnership and a separately managed account, respectively. Peninsula Capital Management,
Inc. (&quot;PCM&quot;) may be deemed to have beneficial  ownership of such securities by virtue of its role as
the general  partner of Peninsula and the investment  manager of Common Sense.  Scott Bedford is the
managing  member of PCM. Mr. Bedford may be deemed to  beneficially  own the securities  held by the
Investment Vehicles by virtue of his status as the managing member of PCM.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Peninsula Capital Management, Inc. By: /s/ Scott Bedford, Managing Member</signatureName>
        <signatureDate>2004-03-17</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By:  /s/ Scott Bedford</signatureName>
        <signatureDate>2004-03-17</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
