Amherst-based Columbus McKinnon Corp. has sold its American Lifts business to Autoquip Corp. for $2.4 million.

American Lifts’ operation in Greensburg, Ind., will be closed as a result, and Autoquip said it will move manufacturing of American Lifts’ products to its facility in Guthrie, Okla.

Columbus McKinnon makes material handling equipment. American Lifts produces customized lift tables. The sale closed Oct. 30.

Timothy Tevens, president and chief executive officer of Columbus McKinnon, said while American Lifts is a strong brand name, Columbus McKinnon decided that highly customized, distinctive application products such as those made by American Lifts “are not a good strategic fit with our line of material handling equipment.”

American Lifts joined the Columbus McKinnon group in 1996 as part of its acquisition of Yale Industrial Products. The Indiana plant has about 30 employees, said Karen Howard, vice president of finance and chief financial officer for Columbus McKinnon.

American Lifts contributed about $7 million of revenue to Columbus McKinnon in the fiscal year that ended March 31. Columbus McKinnon expects to record an $800,000 pretax gain on the transaction in its fiscal quarter that ends Dec. 31.