Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced today that it has sold the buildings and land at its Ipswich, England facility to Borderbeach Limited, a wholly owned subsidiary of Allied Property and Leisure Limited, a commercial real estate developer in England, for $36 million as part of a restructuring of its remaining foundry operations.

December 13, 2007 at 6:43 am by admin
Category: Uncategorized