SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                  SCHEDULE 13G
                                (Amendment No. 2)


                    Under the Securities Exchange Act of 1934


                          Columbus McKinnon Corporation
                          -----------------------------
                                (Name of Issuer)


                                  Common Stock
                                 $0.01 Par Value
                                 ---------------
                         (Title of Class of Securities)


                                    199333105
                                 (CUSIP Number)

                                December 31, 2004
                                -----------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

|_|   Rule 13d-1(b)

|X|   Rule 13d-1(c)

|_|   Rule 13d-1(d)


The information required in the remained of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act,
but shall be subject to all other provisions of the Act.




CUSIP No.: 199333105
           ---------

--------------------------------------------------------------------------------
1.    Name of Reporting Persons / I.R.S. Identification No. of Above Persons:

            Keane Capital Management, Inc. / 56-2042379
--------------------------------------------------------------------------------

2.    Check the Appropriate Box if a Member of a Group

      (a)  |_|

      (b)  |_|

--------------------------------------------------------------------------------
3.       SEC Use Only

--------------------------------------------------------------------------------
4.       Citizenship or Place of Organization

         North Carolina

--------------------------------------------------------------------------------
Number of            5.    Sole Voting Power
Shares                     -----------------------------------------------------
Beneficially         6.    Shared Voting Power
Owned by                   -----------------------------------------------------
Each Reporting       7.    Sole Dispositive Power
Person With                -----------------------------------------------------
                     8.    Shared Dispositive Power
--------------------------------------------------------------------------------

9.    Aggregate Amount Beneficially Owned by Each Reporting Person


--------------------------------------------------------------------------------

10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares


--------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)


--------------------------------------------------------------------------------
12.   Type of Reporting Person

CO
--------------------------------------------------------------------------------





CUSIP No.: 199333105
           ---------

ITEM 1(a) Name of Issuer:

Columbus McKinnon Corporation
--------------------------------------------------------------------------------

ITEM 1(b) Address of Issuer's Principal Executive Offices:

140 John James Audubon Parkway, Amherst, NC 14228
--------------------------------------------------------------------------------

ITEM 2(a) Name of Person Filing:

Keane Capital Management, Inc.
--------------------------------------------------------------------------------

ITEM 2(b) Address of Principal Business Office or, if none, Residence:

3420 Toringdon Way, Suite 350, Charlotte, North Carolina  28277
--------------------------------------------------------------------------------

ITEM 2(c) Citizenship:

Keane Capital Management, Inc. is a North Carolina corporation
--------------------------------------------------------------------------------

ITEM 2(d) Title of Class of Securities:

Common Stock
--------------------------------------------------------------------------------

ITEM 2(e) CUSIP Number:

199333105

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B) OR
(C), CHECK WHETHER THE PERSON FILING IS A:

      (a)   [ ] Broker or Dealer registered under Section 15 of the Exchange
            Act;

      (b)   [ ] Bank as defined in section 3(a)(6) of the Exchange Act;

      (c)   [ ] Insurance Company as defined in section 3(a)(19) of the Exchange
            Act;

      (d)   [ ] Investment Company registered under Section 8 of the Investment
            Company Act;

      (e)   [ ] An investment adviser in accordance with Rule
            13d-1(b)(1)(ii)(E);

      (f)   [ ] An employee benefit plan or endowment fund in accordance with
            Rule 13d-1(b)(1)(ii)(F);

      (g)   [ ] A parent holding company or control person in accordance with
            Rule 13d-1(b)(ii)(G);

      (h)   [ ] A savings association as defined in Section 3(b) of the Federal
            Deposit Insurance Act;


      (i)   [ ] A church plan that is excluded from the definition of an
            investment company under Section 3(c)(14) of the Investment Company
            Act;

      (j)   [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(5)

         Not applicable.


ITEM 4.  OWNERSHIP.

      (a)   Amount beneficially owned:

      --------------------------------------------------------------------------

      (b)   Percent of Class:

      --------------------------------------------------------------------------

      (c)   Number of shares as to which such person has:

            (i)   Sole power to vote or to direct the vote

                  --------------------------------------------------------------

            (ii)  Shared power to vote or to direct the vote

                  --------------------------------------------------------------

            (iii) Sole power to dispose or to direct the disposition of

                  --------------------------------------------------------------

            (iv)  shared power to dispose or to direct the disposition of



ITEM 5.    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

           If this statement is being filed to report the fact that as of the
           date hereof the reporting person has ceased to be the beneficial
           owner of more than five percent of the class of securities, check the
           following: |X|

ITEM 6.    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

           Not Applicable.

ITEM 7.    IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
           THE SECURITY BEING REPORTED ON THE PARENT HOLDING COMPANY OR CONTROL
           PERSON.

           Not Applicable.

ITEM 8.    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

           Not Applicable.

ITEM 9.    NOTICE OF DISSOLUTION OF GROUP.

           Not Applicable.

ITEM 10.   CERTIFICATIONS.

           By signing below I certify that, to the best of my knowledge and
           belief, the securities referred to above were not acquired and are
           not held for the purpose of or with the effect of changing or
           influencing the control of the issuer of the securities and were not
           acquired and are not held in connection with or as a participant in
           any transaction having that purpose or effect.


                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: February 14, 2005

                                                  KEANE CAPITAL MANAGEMENT, INC.

                                                  By: /s/ Peter L. Keane
                                                      --------------------------
                                                      Peter L. Keane
                                                      President