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About

Crane Company is a diversified industrial manufacturer providing engineered products and solutions for aerospace, defense, process industries, and payment and merchandising technologies. The company operates through segments including Aerospace & Electronics (aircraft systems, components, aftermarket), Process Flow Technologies (valves, pumps, systems for chemical, pharmaceutical, energy), and Payment & Merchandising Technologies (payment acceptance, vending solutions). Crane serves diverse end markets including commercial and military aerospace, chemical processing, oil and gas, power generation, retail, and gaming. Founded in 1855 and headquartered in Stamford, Connecticut, Crane has evolved through acquisitions, divestitures, and portfolio management. The company spun off its Engineered Materials business (now Crane NXT) in 2023 to focus on industrial businesses. Crane benefits from aftermarket revenues, engineered solutions, diverse end markets, and established market positions. The company faces cyclicality in served markets, competitive pressures, supply chain challenges, and execution risks. Crane continues to focus on operational excellence, acquisitions, innovation, and margin expansion to drive shareholder value.