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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

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

Comment by Oldnaggeron Feb 08, 2024 11:43pm
195 Views
Post# 35871651

RE:2024 Plan

RE:2024 PlanCrew has decided to invest 60 to 70 Million dollars in strategic electrification  projects. Seeing that they will recover 42 million dollars that leaves them with a net cost of 18 to 28 for 20 mmscfd increased processing failities at Septimus and preliminary work for Groundbirch .

With all the extra Lng capacity coming online across North America . The price of natural gas will rise substantially. When it does , Crew will be bettter prepared than most. Specifically they will be able to produce the type of eco friendly dry gas that the Kitimat LNG project requires. That is a long term business relationship that will take Crew permanently out of the Boom Bust cycles that we currently must endure..

A very good reason to invest in a company with  steady growth prospects IMO
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