02 Jul 2009 | 4:08 PM | CR $22.02  -0.520  volume 334,100
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Crane Co. is a diversified manufacturer of highly engineered industrial products with a substantial presence in a number of focused niche markets. With approximately 12,000 employees working together in five business segments across 25 countries, Crane generated 2008 net sales of $2.6 billion. We are dedicated to integrity and honest dealings in all that we do.

FAST FACTS

 

Financial Strength

Crane has a strong financial position, giving it the capacity to continue strategic acquisitions. At the end of 2008, cash equaled $232 million, and the ratio of net debt to total capitalization was 19.9%.

 

Global Reach

Worldwide operations in over 120 locations across 25 countries grow Economic Value Added (EVA) with top people and products, customer focus, and a common Crane Business System throughout the Company.

 

Leadership

Our businesses have leading market shares in focused niche markets and seek to produce high returns and excess cash flow.

 

OUR HISTORY OUR VALUES

The best of what
we do today recalls
the excitement and
spirit of innovation
at the founding of
the Company on the
4th of July, 1855.
 
Our founder, R.T. Crane, wrote and spoke extensively
about the importance of business ethics and values,
the confidence and goodwill they engender among
employees and customers, and the competitive
advantage that can be obtained by taking the high
road. Today, his words continue to drive our business
philosophy and serve as a benchmark by which we
measure performance. 
 

 

NEWS & FEATURES

 

Crane Co. First Quarter 2009 Earnings Analyst Teleconference

April 21, 2009
at 10:00 AM ET

 

Crane Co. 2009 Annual Analyst Conference

February 19, 2009
at 8:30 AM ET

  

Gabelli 19th Annual Pump, Valve and Motor Symposium

February 18, 2009
at 9:00 AM ET

 

 

 

 

 

2008 Annual Report