Profile: Crane Co (CR)
24 May 2019
Crane Co. (Crane), incorporated on April 3, 1985, is a manufacturer of engineered industrial products. The Company operates through four segments, including Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Company's markets are chemicals, power, oil and gas, aerospace and defense, along with a range of general industrial and consumer related end markets.
The Fluid Handling segment is a provider of engineered fluid handling equipment, including Process Valves and Related Products, Commercial Valves and Other Products. Process Valves and Related Products includes on/off valves and related products for various applications in the chemical, oil and gas, power and general industrial end markets globally. Products are sold under the trade names Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale and WTA. Manufacturing locations, along with sales and service centers, are located across the Americas, Europe, the Middle East, Asia and Australia. Commercial Valves is engaged primarily in the manufacturing and distribution of valves and related products for the non-residential construction, general industrial and municipal markets. The primary geographies served include Canada, the United Kingdom, the Middle East and continental Europe. Its brands include Stockham, Wask, Viking Johnson, IAT, Hattersley, NABIC, Sperryn, Wade, Rhodes and Brownall. Manufacturing locations are located in the United Kingdom and China, with additional sales offices in continental Europe and the Middle East and distribution facilities are located throughout Canada. Other Products includes pumps and related products for water and wastewater applications in the industrial, municipal, commercial and military markets, primarily in the United States. Products are sold under the trade names Deming, Weinman, Burks and Barnes. Facilities are located in the United States, Canada and China.
Payment & Merchandising Technologies
The Payment & Merchandising Technologies segment includes Crane Payment Innovations (CPI) and Merchandising Systems. The Company's CPI provides payment acceptance products to various markets, including retail self-checkout, vending, casino gaming, government lotteries, parking, transit fare collection, payment kiosks and banking. Products for these markets include coin acceptors and dispensers, coin hoppers, coin recyclers, bill validators, bill recyclers and cashless systems. CPI facilities are located in the United States, Mexico, Japan, Canada, Switzerland, Germany and the Ukraine, with additional sales offices across the world. Merchandising Systems is primarily engaged in the design and manufacture of vending equipment and related solutions. Products include a range of vending equipment that dispenses food, snack, and hot and cold beverages. Other solutions include vending management software, cashless payment products and wireless connectivity to enable its customers to operate their businesses. Primary customers include vending operators and food and beverage companies, primarily in the United States and Europe. Facilities are located in the United States and the United Kingdom.
Aerospace & Electronics
The Aerospace & Electronics segment supplies various components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace and military aerospace, and defense markets. Its brands include Hydro-Aire, ELDEC, Lear Romec, P.L. Porter, Keltec, Interpoint, Signal Technology, Merrimac Industries and Polyflon. Products include a range of custom designed, engineered products used in landing systems, sensing and utility systems, fluid management, seat actuation, power and microelectronic applications and microwave systems. Its products are sold directly to aircraft manufacturers, commercial Tier 1 integrators (companies which make products specifically for an aircraft manufacturer), defense and space prime contractors, airlines, government agencies, including the United States Department of Defense, foreign allied defense organizations, aircraft seat manufacturers and aircraft maintenance, repair and overhaul (MRO) organizations. Facilities are located in the United States, Taiwan and France.
The Engineered Materials segment manufactures fiberglass-reinforced plastic (FRP) panels and coils, primarily for use in the manufacturing of recreational vehicles (RVs), truck bodies, truck trailers, with additional applications in commercial and industrial buildings. Engineered Materials segment sells its products directly to RV, trailer, and truck manufacturers, and it uses distributors and retailers to serve the commercial and industrial construction markets. Manufacturing facilities are located in the United States.
100 Stamford Pl
STAMFORD CT 06902-6740