News

TRANSACTION CLOSE AND FORMATION OF KITO CROSBY

2023-01-30

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 combination.

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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...

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...

The Anatomy of an Alloy Chain Sling Failure

Contributed by Bob Kozickie, Technical Sales Support Manager Alloy steel chain slings are the most durable products used for lifting and rigging. So, why do alloy chain slings fail? Every year we read and hear stories of catastrophic chain sling breaks. When these failures happen, the broken sling components are then sent back to the sling manufacturer or a...