CRANE CO. Overview
Crane Co. is one of the leaders in manufacturing highly engineered industrial products. It serves a wide range of end-use industries, including hydrocarbon processing, petrochemical, chemical, power generation, unattended payment, automated merchandising, aerospace, electronics, transportation, and aerospace. The company operates through four segments, namely, fluid handling, payment & merchandising technologies, aerospace, and electronics & engineered materials. It offers control valves under its fluid handling segment. Some of the other products under this segment are process valves & related products, commercial valves, industrial fluid control products, including valves, pumps, lined pipe, and instrumentation. The company supplies its safety valves through its subsidiary NABIC, which it acquired in 2008.
It offers its fluid handling products under the brand names of Crane, Saunders, Xomox, Krombach, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, Jenkins, Pacific, DEPA, ELRO, Westlock, and WTA. The company supplies valves for applications in chemical, general industrial, non-residential, construction, oil & gas, and power generation industries. It has manufacturing and sales & service centers all over the world, including the Americas, Europe, the Middle East, and Asia-Pacific.
Strategy
The Crane Co is primarily focused on developing new products to integrate its industrial valves with advanced technological features. The main objective of the company is to continue delivering strong services, by optimizing the cost structure and expanding the geographic reach, and increasing the revenue, to maintain safe and efficient execution of industrial valves. The company aims to increase its market share by enhancing its valves products.
