Crane’s process flow technologies segment sales increased 29.8% to $310.7 million in the quarter.
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Crane Co. also renamed its Fluid Handling division to ‘Processed Flow Technologies.'
First-quarter profit up 9 percent for industrial products manufacturer.
Crane & Co. is a producer of advanced micro-optic security technology.
Profit increased 22.6 percent year-over-year.
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Profit increased 14.5 percent year-over-year.
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Year-to-date sales increased 0.3 percent year-over-year.
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Engineered materials and payment & merchandising technologies segment sales increased.
Company's annual profit decreased 9.1 percent compared to last year.
Core sales for the diversified manufacturer grew 0.3 percent.
