CR
- Crane Company
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Overview
Company Summary
Crane Company, commonly known as CR, is a diversified industrial company that operates in multiple segments and serves various industries worldwide. The company specializes in manufacturing highly engineered products and providing innovative solutions to its customers.
One of Crane Company's primary segments is Crane Currency, which is focused on producing secure and technologically advanced banknotes for central banks around the globe. This segment is known for its expertise in banknote design, manufacturing, and delivery systems, offering comprehensive solutions to help combat counterfeiting and ensure secure transactions.
Another significant segment of Crane Company is its Fluid Handling division, which manufactures and sells a wide range of engineered fluid handling equipment, including valves, pumps, fittings, and related products. These products are designed to meet the critical needs of customers in industries such as chemical processing, oil and gas, power generation, water and wastewater, and general industrial applications.
Additionally, Crane Company operates a segment called Payment & Merchandising Technologies, which offers innovative solutions for automated payment systems, including point-of-sale (POS) devices, transaction processing software, and intelligent cash handling equipment. This segment primarily serves the retail, banking, and hospitality industries, providing secure and efficient payment and cash management solutions.
In terms of market presence, Crane Company maintains a global footprint with manufacturing facilities and sales offices in various countries. The company's commitment to research and development ensures the continuous improvement of its products and enables it to stay ahead of market trends and customer demands.
In summary, Crane Company is an industrial conglomerate that specializes in banknote manufacturing and delivery systems, fluid handling equipment, and payment technologies. By combining its engineering expertise with innovative solutions, the company aims to provide value to its customers in terms of security, efficiency, and reliability.