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 have remained here since the late 1960s.  The acquisition provides business and community stability as well as future expansion opportunities.

The property acquisition underscores KITO Corporation’s long term strategic commitment to chain manufacturing in Winona as we continue to invest in the sustained future of our global manufacturing.

Peerless is the largest chain manufacturer in North America as well as well as a primary chain supplier to its Pennsylvania sister company, Harrington Hoist Inc. Peerless is also an industry leader in multiple Industrial, OEM and Retail market segments providing customers with product solutions.

Pictured above:  George Kosidowski, President, Peerless Industrial Group and Carlo Lonardi, CEO/President, KITO Americas Inc. closing the acquisition on Dec. 17th, 2021


Past Articles

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...

Trailer Safety Week!

Contributed by Cary Kronebusch, Senior Product Manager Edited by Christy Kutchma, Product & Marketing Associate Welcome to #TrailerSafetyWeek!  Peerless is a proud ally of this annual event.  Peerless supplies Cargo Control and Trailer Safety Chain Products to the trailer manufacturing industry. As a decades long provider to the industry and a 16 year m...

Lifting Steel Plate – Plate Hooks

Contributed by Bob Kozickie, Technical Sales Support Manager Edited by Christy Kutchma, Product & Marketing Associate Plate steel is an essential component that is used to fabricate everything from railroad tanker cars, pressure vessels, and storage tanks to machinery, medical equipment, and fighter jets. It is produced in a myriad of widths, lengths, a...

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...

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...