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 > Interesting development......i wonder

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Comment by gonatgasgoon Mar 23, 2023 9:46am

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Post# 35355909

RE:Interesting development......i wonder

Mrmomo,

Sorry if I am stating the obvious, but you are saying maybe they have more cash because they sold something?

We know CR is hoping to have net debt below $100M on June 30. There is some capex in Q1, so the cash generated in Q1 would not be huge. Q2 will be better if commodity prices cooperate.

I doubt this environment is good to try to sell anything.

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