Winona company wins $10 million defense contracts

A Winona chain manufacturer says it's been awarded two U.S. Department of Defense contracts, together worth about $10 million.

Peerless Chain Co. president Tom Wynn says the company will supply cargo tie-down chains for military uses.

Wynn says the two contracts are worth about $5 million each during the next five years.

Peerless Chain was founded in 1917 and says it's the largest chain manufacturer in the U.S.

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Information from: KAGE-AM, http://www.winonaradio.com

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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