Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. The Company has five business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, Merchandising Systems, and Controls. Crane has approximately 10,000 employees in North America, South America, Europe, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE: CR).The staff at Crane Co. come from unusually diverse demographic backgrounds. The company is 30.4% female and 38.0% ethnic minorities. Crane Co. employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 55.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Crane Co. seem to be happy. The company has great employee retention with staff members usually staying for 4.6 years.The average employee at Crane Co. makes $57,324 per year. Pay at Crane Co. is significantly lower than some of its highest paying competitors, like Crane ChemPharma & Energy, Hydro-Aire Inc, and Gardner Denver, which pay $75,305, $70,442, and $68,714, respectively.Based in Stamford, CT, Crane Co. is an industry leader with 11,000 employees and an annual revenue of $1.5B.
Crane Co.'s mission statement
Critical, highly engineered products and solutions, with differentiated technology, respected brands, and leadership positions in its markets.
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Company culture is demeaning. Spend millions of dollars on Kaizen events, but won't hire more staff at manufacturing facilities. CEO priority is stock price, cares nothing for customers.
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The team at Crane Co.
The founders of Crane Co. are Richard Crane and Berislav Lopac.
The key people at Crane Co. are Max Homer Mitchell, Richard Crane and Berislav Lopac.
Key people
Max Homer Mitchell
Richard Crane
Berislav Lopac
The inside scoop
Founded as the RT Crane Brass & Bell Foundry in 1855, Crane produces valves, fittings, and specialty castings for a growing industrial America. Crane is committed to the highest standards of business conduct with an objective to grow Economic Value Added (EVA) by continuing to transition to a more integrated operating company. It strives to create value for all stakeholders with a highly disciplined approach to materially strengthening itsbusinesses through successful implementation of the Crane Business System, through strategic linkages among the businesses, and through utilization of strong free cash flow for strategic acquisitions.
Crane Co. rankings
Crane Co. is ranked #51 on the Best companies to work for in Connecticut list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
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Crane Co. diversity
10.0
Diversity score
We calculated Crane Co.’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Crane Co.’s workforce.
Crane Co. diversity summary. Zippia estimates Crane Co.'s demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Crane Co.'s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Crane Co.'s workforce.
Crane Co. has 11,000 employees.
30% of Crane Co. employees are women, while 70% are men.
The most common ethnicity at Crane Co. is White (62%).
15% of Crane Co. employees are Hispanic or Latino.
11% of Crane Co. employees are Black or African American.
The average employee at Crane Co. makes $57,324 per year.
Crane Co. employees are most likely to be members of the democratic party.
Employees at Crane Co. stay with the company for 4.6 years on average.
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Crane Co. financial performance
9.7
Performance score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
Crane Co. currently has 3.4B in revenue. Crane Co.'s most recent quarter produced 352.4m (q2'2023).
Crane Co. annual revenue
$3B
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$1B
$669M
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Highest paying Crane Co. competitors
Compare Crane Co. salaries to competitors, including Crane ChemPharma & Energy, Hydro-Aire Inc, and Gardner Denver. Employees at Crane ChemPharma & Energy earn the highest average yearly salary of $75,305. The salaries at Hydro-Aire Inc average $70,442 per year, and the salaries at Gardner Denver come in at $68,714 per year.
Rank
Company
Average salary
Jobs
1
$75,305
0
2
$70,442
0
3
$68,714
0
4
$65,330
0
5
$62,620
0
6
$61,965
0
7
$60,310
0
8
$58,806
0
9
$58,634
0
10
$54,896
0
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Zippia gives an in-depth look into the details of Crane Co., including salaries, political affiliations, employee data, and more, in order to inform job seekers about Crane Co.. The employee data is based on information from people who have self-reported their past or current employments at Crane Co.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Crane Co.. The data presented on this page does not represent the view of Crane Co. and its employees or that of Zippia.
Crane Co. may also be known as or be related to Crane Co and Crane Co.