This report is a for the bachelor thesis in mechanical engineering at Karlstad University. The project was carried out at Falcken Forshaga outside Karlstad. Falcken Forshaga is a fresh started company that designs lifting tools for the concrete industry. There for they requested help to design an lifting tool for balancing of load. The purpose of this project was to design a tool throughout the product development process which could balance the load. To accomplice this the swedish machine directive had to be followed in order to allow CE-marking. To increase the knowledge about lifting tools a literature study was performed. The result of the study was compiled with the requests from Falcken Forshaga to shape the requirement specification. This document is the backbone for the continued designing of the lifting tool. All concepts developed during the concept generation phase has gone through an elimination matrix. In this matrix has all the concept has been weighed against the requirement specification. This was later presented to the company for decision about which concept to move forward with. When the design layout was done. Calculations and FEM- analysis were made on the critical details. Blueprints have also been made for every part that Falcken Forshaga are going to manufacture in their own workshop.