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Crane Co. was founded in 1855 by R.T. Crane and is a diversified manufacturer of highly engineered industrial products with a substantial presence in a number of focused niche markets. 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 four business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, and Payment & Merchandising Technologies. Crane has approximately 12,000 employees in 26 countries, generated net sales of $2.8 billion in 2016 and is traded on the New York Stock Exchange (NYSE:CR).