Pegasus Corporation of America

Pegasus Corporation of America is a leading manufacturer specializing in industrial sewing machines that produce chain stitches (Kan-nui), which are used in sewing factories. Established in 1914, Pegasus has consistently aimed for the top rank of industrial sewing machine (Kan-nui) manufacturing business on a worldwide basis. The company's products are chosen by sewing factories around the world through approximately 200 agents in about 70 countries. In 2007, Pegasus expanded into a new business by establishing a merged corporation, TIANJIN PEGASUS-SHIMAMOTO AUTO PARTS CO., LTD., which manufactures retractor safety belts and other parts for automobiles. This venture has emerged as the second pillar of Pegasus, showing steady progress. Pegasus emphasizes the establishment of a relationship of trust with everyone associated with the company and aims to contribute further to the development of the world’s apparel culture. The company plans to promote mutual growth while expanding its personnel resources, technology, and accumulated know-how, built up during its long 100 years of history. The industries Pegasus operates in include Design, Manufacturing, and Supply Chain. The company is currently not publicly disclosing its last investment and the involved investors.