Crown Holdings Inc (Crown) is a provider of packaging solutions. It carries out the designing, manufacturing and distribution of metal packaging products for consumer goods. The company’s product portfolio includes beverage cans, glass bottles, food cans and closures, aerosol cans, specialty packaging products and transit packaging. It also provides industrial products such as paper-based protective packaging, steel and plastic strap consumables and plastic film consumables. It serves to several markets including food, beverages, industrial, personal care, luxury goods, metals, promotional and household markets. Crown performs its operations through its manufacturing plants and sales services centers spread in the Americas, Europe, the Middle East, and Asia-Pacific. Crown is headquartered in Yardley, Pennsylvania, the US.
Headquarters
United States of America
Address
770 Township Line Road, Yardley, Pennsylvania, 19067
Website
www.crowncork.com
Telephone
1 215 6985100
No of Employees
26,000
Industry
Paper and Packaging
Ticker Symbol & Exchange
CCK (NYSE)
Revenue (2022)
$11.4B
21.3%
(2022 vs 2021)
EPS
XXX
Net Income (2022)
XXX
-196.9%
(2022 vs 2021)
Market Cap*
$10.6B
Net Profit Margin (2022)
XXX
-179.8%
(2022 vs 2021)
* As of and is in US$
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Products and Services
| Products | Brands |
|---|---|
| Food Cans | PeelFit |
| Aerosol Cans | EOLE |
| Closures and Capping | SuperEnd |
| XXX | XXX |
| XXX | XXX |
| XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Others | In November, the company adopted a limited duration shareholder rights plan. |
| 2022 | Contracts/Agreements | In August, the company's Crown Embalagens Metálicas da Amazônia S.A partnered with Socorro Bebidas to extend its line of mineral water to include infinitely recyclable beverage cans. |
| 2022 | Contracts/Agreements | In April, the company agreed to divest the Transit Packaging segment’s Kiwiplan business for US$182 million. |
Competitor Comparison
| Key Parameters | Crown Holdings Inc | International Paper Co | Berry Global Group Inc | Ball Corp | Avery Dennison Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Yardley | Memphis | Evansville | Westminster | Mentor |
| State/Province | Pennsylvania | Tennessee | Indiana | Colorado | Ohio |
| No. of Employees | 26,000 | 38,200 | 47,000 | 24,300 | 36,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timothy J. Donahue | President; Chairman; Chief Executive Officer | Executive Board | 2022 | 59 |
| Kevin C. Clothier | Chief Financial Officer; Senior Vice President | Senior Management | 2022 | 53 |
| Gerard H. Gifford | Executive Vice President; Chief Operating Officer | Senior Management | 2017 | 66 |
| Mark Hopkins | Director - Marketing, EMEA | Senior Management | 2022 | - |
| Adam J. Dickstein | Senior Vice President; General Counsel; Secretary | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
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