Crane Co. Acquires PSI Division of Edlon, Inc.

Crane Co. Acquires PSI Division of Edlon, Inc.

STAMFORD, Conn., Aug. 31 /PRNewswire-FirstCall/ -- Crane Co. (NYSE:CR), a diversified manufacturer of engineered industrial products, announced today that it has purchased the business and selected assets of the PSI division of Edlon, Inc., a wholly-owned subsidiary of Robbins & Myers, Inc. PSI is a manufacturer of plastic-lined pipes, fittings and accessories. Terms and price were not disclosed.

Crane Co. is a diversified manufacturer of engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). For more information, visit http://www.craneco.com/.

Source: Crane Co.

CONTACT: J. R. Vipond, Vice President, Finance & Chief Financial
Officer of Crane Co., +1-203-363-7301

Web site: http://www.craneco.com/

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