Ransom Research Report On Crane Co
February 2, 2011
Crane Corporation
(CR-$43.03)
“Highlighting Lean At An Inflection Point?”
Company Description: Crane is a broadly-diversified, multi-industry enterprise that provides highly-engineered, proprietary products, aftermarket parts, and services to end markets in Aerospace and Electronics (including both commercial and defense), Fluid Handling, Engineered Materials, and Merchandizing Systems. The company has not yet, in my estimation, been given adequate recognition for the fact that it has already transitioned from its historical role as a holding company for opportunistic acquisitions to being a culture-centric operating company built around the principles of “lean,” in both the manufacturing arena and the administrative world I refer to as “transactional.”