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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

Technology Scientific & Technical Instruments
Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.


NYSE:CR - Post by User

Crane Co > Can anyone answer why....
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Comment by gonatgasgoon Oct 19, 2020 8:06pm
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Post# 31745750

RE:RE:RE:RE:RE:RE:Can anyone answer why....

RE:RE:RE:RE:RE:RE:Can anyone answer why....

Cheadle,

Are you saying they will not try to pay down debt other than the line of credit before 2024?  They will be happy to renew the entire $300 millions?  Did they tell you that or are you speculating?
 

What about the option they have in the 2nd quarter of 2021 for the infrastructure sale.  Will they use the proceed to increase production?

Please, let us know. 

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