Maybe, but I would want a RPC with at least three times the rated HP for the reversing and heavy starting loads of a hoist. If you are trying to use this hoist on the cheap because you got it for a good price, you might want to reconsider it's "bargain" value.
Two tons is a lot of hoist, do you need that much? Is the rest of the structure up to those loads? If the answer to those questions is yes, then spend the money to make it work correctly.
I got it super cheap, $20. I don't even need the lift, I'm not lifting anything close to 2 ton, and my shop floor joists will not carry anything close to 2 ton. My main goal was to see if I can get this thing working to sell, or just to get my feet wet with 3 phase, and to have another toy laying around ha.
I messed with it last night, and got it working. I disconnected the 3 wires running to the motor, and wired 2 hot and the 3rd leg on a 10uF cap, it tried but didn't budge. The only other cap I had was 1000uF so i wired that up and she came to life. Electromagnetic relay is busted, the plastic frame is cracked on the "raise" side, so that contact wont engage, so at the moment it will only lower the hook ha, not very useful. I will look into trying to fix the relay or see if i can get one for cheap (454ragtop maybe?)
So after verifying the motor itself worked, I wired it back into the relay, had the 2 real legs running to the 220 transformer, and tried it out with the hanging switch, once again only "down" worked. Opened the control switch up and the one wire came loose, but even after reconnecting that and checking in the hoist, the up side wouldn't work, leading me to believe the relay is shot.