August 30, 2016 1:07 AM ET

Machinery

Company Overview of John Crane Inc.

Company Overview

John Crane Inc. designs and manufactures engineered sealing systems and associated products. The company offers a selection of engineered mechanical seals, sealing support systems, mechanical packings, power transmission couplings, and asset management systems. Its products include elastomer and PTFE bellows seals, elastomer O-ring and PTFE wedge seals, dry-running gas seals for pumps and turbocompressors, and split seals for larger equipment. The company also provides condition monitoring, hardware and software, condition based maintenance, computerized maintenance management systems, and asset management services. It serves food and beverage, mining and minerals, oil and gas, pharmaceutica...

6400 West Oakton Street

Morton Grove, IL 60053

United States

Founded in 1917

Phone:

847-967-2400

Fax:

847-967-3915

Key Executives for John Crane Inc.

Interim President
Managing Director of Specialised Businesses
Vice President of Asia Pacific Region
General Manager of Australia Operations
Marketing Director
Compensation as of Fiscal Year 2016.

John Crane Inc. Key Developments

John Crane Introduces 48VBF

John Crane has introduced the 48VBF, a single cartridge, stationary head O-ring pusher seal that can operate without a cooling water system in critical high temperature pumps. The 48VBF can simplify operations at fossil-fuel steam power plants or at an on-site co-generation plant of a processing or manufacturing site. The cooler support system is the primary cause of seal failure, which results in the boiler feed water pump shutting down and the boiler going offline. By eliminating the need for the cooler support system, the seal extends time between repairs and avoids unplanned outages. The 48VBF provides a cost saving of more than $20,000 by removing the use of a cooling water system. The 48VBF incorporates an innovative technology that allows the seal faces to run flatter, which provides better lubrication with less water usage. The robust design also allows for sealing of hot water above the atmospheric boiling point while minimizing leakage. This is ideal for operators who are required to adhere to water consumption regulations. The 48VBF is an easy upgrade from the existing John Crane 48V seal, requiring nothing more than changing the primary ring.

John Crane Announces Unaudited Earnings Results for the Six Months Ended January 31, 2016

John Crane announced unaudited earnings results for the six months ended January 31, 2016. For the period, the company reported revenue of £393 million, headline operating profit of £78 million, statutory operating profit of £72 million against revenue of £453 million, headline operating profit of £105 million, statutory operating profit of £61 million for the same period a year ago. John Crane's underlying revenue declined 11% against a backdrop of continued difficult market conditions in some parts of the energy segment. Underlying revenue reflects declining sales in both the first-fit and aftermarket business.

John Crane Announces Executive Changes

Smiths Group plc announced that Duncan Gillis, President of John Crane, is leaving the Group. Tedd Smith, currently President of Flex-Tek, will assume responsibility as Interim President of John Crane with immediate effect.

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