Crane Co (CR) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
The committee decided to reaffirm their original decision and unanimously backed the plans. Crane Process Flow Technologies (Crane), which manufactures parts for equipment involved in chemical, mining and water treatment, has been based at premises on neighbouring land since 1934. But the firm’s current site is ageing and a report says it is “not sufficient to meet the current and planned future manufacturing needs and investment of the company”. Developers Cedar will transform the currently vacant brownfield land off Grange Road, providing a new manufacturing facility, offices and car parking. The site previously hosted a packing and distribution warehouse, though it has been empty for several years.
The site of the proposed new Crane factory, in Grange Road, Cwmbran PLANS for a new factory in Cwmbran, which could keep around 170 skilled jobs in the town, may be given the green light by councillors this week.
Torfaen County Borough Council planners have recommended that plans for a new factory on land off the town s Grange Road be approved. Crane Process Flow Technologies (Crane), which manufactures parts involved in chemical, mining and water treatment, has been based on neighbouring land since 1934. But the firm s current site is ageing and a report says it is “not sufficient to meet the current and planned future manufacturing needs and investment of the company”.