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.

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Crane Co > Asset Play

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Post by gonatgasgoon Jun 03, 2024 1:49pm

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Post# 36069693

Asset Play

I guess we have to wait a minimum of 4 years before anything happens.

There is no way they get the hedging and financing in place in 2024 for the 4-year plan. Assuming they move forward in the second half of 2025, it would take 2 years to build the plant. That takes us at the end of 2027.

Maybe a sale in 2028 at the earliest? It is a much longer wait than I was hoping.

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