Crane NXT Co., based in Waltham, Massachusetts, employs 4,000 people and offers technology solutions for security and authentication through its Crane Payment Innovations and Security segments across several countries. The company specializes in electronic equipment for payment verification and advanced security for physical products.
CXT has been in the news recently: Manitex International has established a dealership agreement with First Fleet Truck Sales to improve the sales and support of PM Group cranes in Florida. Additionally, Crane (NYSE:CR) reported an 18% return on capital and a 195% return to shareholders over the past five years, reflecting strong growth trends.
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