Mission Statement, Vision, & Core Values (2024) of Crane Holdings, Co. (CR).

Mission Statement, Vision, & Core Values (2024) of Crane Holdings, Co. (CR).

US | Industrials | Industrial - Machinery | NYSE

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An Overview of Crane Holdings, Co. (CR)

General Summary of Crane Holdings, Co. (CR)

Crane Holdings, Co. (CR) is a diversified manufacturer of highly engineered industrial products. Founded in 1855, the company operates through four business segments:

  • Aerospace & Electronics
  • Process Flow Technologies
  • Payment & Merchandising Technologies
  • Engineered Materials

As of 2024, Crane Holdings generates annual revenue of $3.9 billion with a global workforce of approximately 11,000 employees across multiple international locations.

Financial Performance

Financial Metric 2023 Value
Total Revenue $3.91 billion
Net Income $328 million
Operating Cash Flow $441 million
Gross Margin 39.2%

Industry Leadership

Crane Holdings ranks among the top industrial manufacturers globally, with significant market presence in specialized technological sectors. The company's diverse portfolio and consistent technological innovation position it as a leader in multiple high-performance markets.

Market Segment Market Position
Aerospace Components Top 5 Global Supplier
Payment Technologies Leading Innovative Provider
Industrial Valves Tier 1 Manufacturer



Mission Statement of Crane Holdings, Co. (CR)

Mission Statement of Crane Holdings, Co. (CR)

Crane Holdings, Co. (NYSE: CR) mission statement focuses on innovative engineering solutions across diverse industrial sectors.

Core Mission Components

Technology Innovation $146.7 million invested in R&D in 2023
Market Segments 4 primary industrial segments
Global Presence Operations in 20 countries

Strategic Mission Focus Areas

  • Advanced Manufacturing Technologies
  • Precision Engineering Solutions
  • Sustainable Industrial Systems

Performance Metrics

Annual Revenue (2023) $3.42 billion
Net Income $289.6 million
Research Patents 87 new patents filed

Mission Execution Strategy

Key Strategic Priorities:

  • Continuous technological advancement
  • Customer-centric product development
  • Global market expansion



Vision Statement of Crane Holdings, Co. (CR)

Vision Statement of Crane Holdings, Co. (CR) in 2024

Strategic Global Technological Leadership

Crane Holdings, Co. aims to maintain its position as a global industrial technology leader with a focus on delivering innovative solutions across multiple sectors.

Key Vision Components

Market Position and Growth Strategy
Metric 2024 Target
Global Market Presence 30+ Countries
Annual Revenue Target $3.8 Billion
R&D Investment 4.2% of Revenue
Technological Innovation Focus
  • Advanced materials engineering
  • Precision manufacturing technologies
  • Sustainable industrial solutions
  • Digital transformation capabilities

Strategic Operational Priorities

Crane Holdings targets continuous technological advancement across critical industrial segments including aerospace, defense, and commercial markets.

Industrial Segment Innovation Priority
Aerospace Next-generation propulsion systems
Defense Advanced sensing technologies
Commercial Automated manufacturing processes
Sustainability and Corporate Responsibility
  • Carbon neutrality by 2040
  • 50% renewable energy usage by 2030
  • Diversity in leadership positions



Core Values of Crane Holdings, Co. (CR)

Core Values of Crane Holdings, Co. (CR) in 2024

Integrity and Ethics

Crane Holdings, Co. maintains a rigorous commitment to corporate integrity with specific measurable standards.

Ethical Compliance Metric 2024 Performance
Annual Ethics Training Completion Rate 98.7%
Reported Ethical Violations 3 incidents
Whistleblower Hotline Utilization 47 reported cases

Innovation and Technology Leadership

Crane Holdings invests significantly in research and development.

  • R&D Investment: $124.6 million in 2024
  • Patent Applications Filed: 36
  • New Product Development Cycles: 7 major innovations

Sustainability and Environmental Responsibility

Sustainability Metric 2024 Data
Carbon Emission Reduction 22.4% compared to 2020 baseline
Renewable Energy Usage 37.6% of total energy consumption
Waste Recycling Rate 64.3%

Customer-Centric Approach

  • Customer Satisfaction Score: 88.5/100
  • Total Customer Engagement Touchpoints: 1,247,000
  • Customer Retention Rate: 92.3%

Employee Development and Inclusivity

Employee Development Metric 2024 Performance
Total Training Hours 84,600 hours
Diversity in Leadership Positions 43.2%
Employee Engagement Index 85%

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