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Tway Company Becomes Peerless/ACCO Welded Sling Chain Service Center

INDIANAPOLIS-(Business Wire)-February 19, 2008 - The Tway Company, Inc. has attained the status of a Peerless Chain Company Welded Sling Chain Service Center. Welded Sling Chains have been used in manufacturing and construction to lift machinery and building products as well as in steel mill operations for over a century. Providing the highest quality product in the industry required The Tway Company and Peerless Chain to make significant investments in equipment and training at their Indiana location. This facility now manufactures finished lifting products from USA-made components produced by The Peerless Chain Company, Winona, MN.

"Opening a Welded Chain Center here strengthened our position with the industrial sector across the Midwest and brings another manufactured product to Indiana," says Peter Hansen, President and CEO. "And our partnership with Peerless Chain gives us a quality advantage Indiana has not seen before."

About Tway Company

Based in Indianapolis, The Tway Company is a full service rigging shop and distribution center of lifting and handling equipment, wire rope, construction and mill supplies. The Company was founded by Joseph R. Tway in 1945. The Board is chaired by Robert Hansen and Peter Hansen is the third generation Chief Executive Officer.

For more information, please see The Tway Company's website at twaycompany.com.

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