News
TRANSACTION CLOSE AND FORMATION OF KITO CROSBY
RICHARDSON, Texas, United States, and SHOWA-CHO, Yamanashi, Japan, January 30, 2023 – The Crosby Group, a leading provider of lifting and rigging solutions, and KITO CORPORATION, a leading manufacturer of material handling equipment with 90 years of experience in the development and production of hoists and cranes, today announced the completion of their business combin...
The Crosby Group to Commence Cash Tender Offer for All Outstanding Shares of KITO CORPORATION
RICHARDSON, Texas, United States, and SHOWA-CHO, Yamanashi, Japan, September 22, 2022 – The Crosby Group, a leading provider of lifting and rigging solutions, and KITO CORPORATION, a leading manufacturer of material handling equipment with 90 years of experience in the development and production of hoists and cranes, today announced that they have secured all regulatory...
The Crosby Group and KITO CORPORATION to Combine, Creating Integrated Lifting Solutions Provider
RICHARDSON, Texas, United States, and SHOWA-CHO, Yamanashi, Japan, May 16, 2022 – The Crosby Group, a global leader in lifting and rigging, and KITO CORPORATION, a leading material handling manufacturer with 90 years of experience in the development and production of hoists and cranes, today announced that they have entered into a definitive agreement to combine both bu...
Peerless & KITO Invest in the Future
Peerless Chain Company is extremely pleased to announce that on December 17th, 2021, the purchase of the 350,000 sq. ft. building and surrounding property in Winona, MN was concluded. Peerless started its business in Winona over a hundred years ago and during that time generations of Peerless employees have called the facility home along with the headquarters that hav...
Retainer Latches on Sling Hooks
Contributed by Bob Kozickie, Technical Sales Support Manager The question that’s most often asked by end users and sling manufacturers is, “Are latches required to be installed on Sling Hooks?” Sling hooks are by far the most common component used as an end attachment on alloy chain slings. There has always been confusion throughout the lifting and rigging industry as ...
Don't Allow Your Alloy Chain to "Stretch Out" During a Heavy Workout
Contributed by Bob Kozickie, Technical Sales Support Manager There are many reasons for selecting alloy chain over wire rope or synthetics for heavy lifting applications. One positive aspect of alloy chain is its strength to weight ratio which provides the durability needed in the toughest environments. Alloy chain is also a very rigid material. This rigidity means tha...
Lifting Beam vs. Spreader Beam
Contributed by Bob Kozickie, Technical Sales Support ManagerEdited by Christy Kutchma, Marketing Coordinator Lifting Beams and Spreader Beams are significantly different in both appearance and by functional definition. Industry “slang” terminology, however, creates a semantics error, often mistaking which lifter is required on the job by calling both a “spreader beam”....
How to Read and Understand an Alloy Chain Sling Capacity Chart
Contributed by Bob Kozickie, Technical Sales Support Manager Alloy Chain Sling Capacity Charts are published by Standards Associations, chain manufacturers, and virtually every rigging shop in existence. They are reproduced and can be printed as large or small wall posters or as pocket guides that riggers carry with them for quick reference. At first glanc...
Chain Sling Identification Tag
Contributed by Bob Kozickie, Technical Sales Support Manager Edited by Christy Kutchma, Marketing Coordinator The single most important component on an alloy chain sling is the identification tag. Per OSHA 1910.184, if the ID tag is missing or illegible, the sling must be removed from service. OSHA is diligent in enforcing this regulation. Not only is having the ID t...
Knowing the difference when selecting Grab Hooks
Contributed by Bob Kozickie, Technical Sales Support ManagerEdited by Christy Kutchma, Product & Marketing Associate There are three styles of grab hooks manufactured for overhead lifting: Non-Cradle, Cradle, and Chain Shortening Grab Hooks. Each are designed to shorten, choke, or basket alloy chain slings in a variety of lifting applications. When use...