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Prospector
Profile
07.1475
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| Crown Holdings, Inc. |
NAICS |
332431 |
| One Crown Way
Philadelphia, PA 19154 |
Description |
Packaging Products Mfg. |
| (215) 698-5100 |
Employees |
21749 |
| http://www.crowncork.com/ |
Revenue |
(mil) |
6982.0000 |
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Income |
(mil) |
309.0000 |
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Assets |
(mil) |
6358.0000 |
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Liability |
(mil) |
6903.0000 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Crown Holdings, Inc., posted a $92,000,000 net income from continuing operations on $2,153,000,000 of net sales in the third quarter ended Sept. 30, 2007, as compared with a $86,000,000 net income on $2,001,000,000 of net sales in the prior year. The company's consolidated balance sheet at Sept. 30, 2007, showed $6,949,000,000 in total assets, $7,335,000,000 in total liabilities, resulting in a $386,000,000 total shareholders' deficit.
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Intellectual Property:
The Company has developed patented composite (metal and plastic) closures including the Company’s Ideal™ product line. These closures offer improved barrier performance and tamper resistance while requiring less strength to open than standard metal vacuum closures. The Company intends to selectively license its proprietary technologies and has licensed SuperEnd™ can shaping and BiCan™ technology to Amcor Limited in Australia and New Zealand and SuperEnd™ to Nampak Ltd. in South Africa, Showa in Japan, and Metal Container in North America. [SEC Filing 10-K 02-28-07]
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Description:
The Company is engaged in the design, manufacture and sale of packaging products for consumer goods.
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Officers:
John W. Conway (Chair, Pres. & CEO); Alan W. Rutherford (Vice Chair, EVP & CFO); Timothy J. Donahue (SVP); Thomas A. Kelly (VP & Controller); Jenne K. Britell (Dir.); Arnold W. Donald (Dir.); Marie L. Garibaldi (Dir.); William G. Little (Dir.); Hans J. Löliger (Dir.); Thomas R. Ralph (Dir.); Hugues du Rouret (Dir.); Harold A. Sorgenti (Dir.); Jim L. Turner (Dir.); William S. Urkiel (Dir.)
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Auditor:
PricewaterhouseCoopers LLP
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Securities:
Common Stock Symbol CCK; NYSE;
164,277,913 common shares outstanding as of July 25, 2007.
7 3/8% debentures due 2026; 7 1/2% debentures due 2096.
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