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Peerless Saws began in the early 1900s when Charlie and Andy Rasmussen founded the Wisconsin Machine Company to manufacture power hacksaw machines which were sold and distributed by Peerless Machine Company. Brothers Charlie and Andy thought that they had an idea for a better metal cutting saw than those on the market at that time. They were confident that their ideas were significantly revolutionary to justify the increased cost of their machines on American Industry by the value of their innovations. Charlie and Andy built and sold the first power driven, high speed, wet cutting saw on the market. Their innovations did, in fact, revolutionize metal sawing. Prior to that time, all metal cutting power saws cut metal dry, necessitating slower speeds to keep friction heat to a minimum.
In 1961, Peerless moved from Racine, Wisconsin (Where it had begun), to newer and larger facilities in Oshkosh, Wisconsin. The company was no longer owned by the Rasmussens and it was merged into a larger Company – Medalist Industries. In 1992, Peerless was purchased by Wisconsin Automated Machinery Company.
In 2002, Peerless was acquired by its current principles and renamed Peerless Industrial Equipment Corporation. Today, Peerless continues our proud tradition of providing the finest in metal cutting bandsaw machines, power hacksaw machines and we have expanded our product line as the largest representative of Daito CNC Drilling machines and bandsaws for the structural steel industry. We have Peerless brand bandsaw blades and cutting fluids. A century of excellence keeps getting better!
We are proud of our history and we recognize those who built the reputation for quality we enjoy today. At Peerless, the future looks even brighter. Peerless products perform better because they are designed to be better. We invite you to join us as a part of a better tomorrow.