We study spin-dependent transport in a suspended carbon nanotube quantum dot in contact with two ferromagnetic leads and with the dot's spin coupled to the flexural mechanical modes. The spin-vibration interaction induces spin-flip processes between the two energy levels of the dot. This interaction arises from the spin-orbit coupling or a magnetic field gradient. The inelastic vibration-assisted spin flips give rise to a mechanical damping and, for an applied bias voltage, to a steady nonequilibrium occupation of the harmonic oscillator. We analyze these effects as function of the energy-level separation of the dot and the magnetic polarization of the leads. Depending on the magnetic configuration and the bias-voltage polarity, we can strongly cool a single mode or pump energy into it. In the latter case, we find that within our approximation, the system approaches eventually a regime of mechanical instability. Furthermore, owing to the sensitivity of the electron transport to the spin orientation, we find signatures of the nanomechanical motion in the current-voltage characteristic. Hence, the vibrational state can be read out in transport measurements.
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