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Crane Co. (NYSE:CR) will host its annual investor conference on March 30, 2022, from 8:30 AM to 12:00 PM in New York City. The event will feature presentations from CEO Max H. Mitchell and other executives, available via live webcast and replay on the company's website. Crane Co. is a diversified manufacturer serving various sectors, including chemicals and aerospace, with approximately 11,000 employees globally. The company is in the process of divesting its Engineered Materials segment, awaiting regulatory approval.
Positive
Crane Co. is hosting its annual investor conference, which may enhance shareholder engagement.
The divestment of the Engineered Materials segment could streamline operations and focus on core business areas.
Negative
The pending sale of the Engineered Materials segment may result in short-term disruptions.
Market uncertainties surrounding regulatory approvals for the divestment could impact investor confidence.
STAMFORD, Conn.--(BUSINESS WIRE)--
Crane Co. (NYSE:CR) will hold its annual investor conference on Wednesday, March 30, 2022, from 8:30 AM to 12:00 PM in New York City. Speakers will include Max H. Mitchell and other key Crane Co. executives. Presentations will be available via live webcast. A web replay will be available on our website shortly after completion of the event.
If you are interested in attending, please RSVP with your name and affiliation to: IR@craneco.com
Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane Co. provides products and solutions to customers in the chemicals, oil & gas, power, automated payment solutions, banknote design and production and aerospace & defense markets, along with a wide range of general industrial and consumer related end markets. The Company has four business segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies and Engineered Materials. On May 24, 2021, Crane announced that it had signed an agreement to divest its Engineered Materials segment; that sale is pending, subject to customary closing conditions and regulatory approval. Crane Co. has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com.