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Crown Holdings Inc.

Industry: Containers Packaging

Fortune Rank: 289

CCK manufactures and sells metal and plastic containers, metals and plastic closures, crowns & can-making equipment. For the 6 months ended 6/30/05, net sales rose 8% to $3.72B. Net income fell 10% to $18M. Revenues reflect the passing of higher raw material costs on to customers and firm sales unit volumes. Net income was offset by an increase in selling, general and administrative expenses and interest expense.

Crown Holdings, Inc. designs, manufactures and sells packaging products for consumer goods. The Company's products include steel and aluminum cans for food, beverage, household and other consumer products and metal and plastic caps, closures and dispensing systems. At December 31, 2004, the Company operated 185 plants along with sales and service facilities throughout 43 countries. Its business is organized on the basis of geographic regions with three reportable segments: Americas, Europe and Asia-Pacific. The Company was formed in connection with debt refinancing and a corporate reorganization in 2003 by Crown Cork & Seal Company, Inc. (Crown Cork), which is a wholly owned subsidiary of the Company.

Crown Holdings Inc.

Crown Holdings Inc. is a Fortune 500 company. In 2010 Crown Holdings Inc. was ranked number 289 on the Fortune 500 list, making it the 289th largest company in the United States when judged by revenue.

Crown Holdings Inc. achieved revenue of $7,938.00 million in 2010 and earned a profit of $334.00 million.

Crown Holdings Inc.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 289th compared to 312th in 2009. This was based on its 2009 revenue of $8,305 million (a change of -1 million compared to 2010) and profits of $226 million (a change of $108 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Crown Holdings Inc. would be ranked 268th rather than 289th due to its profits of $334 in 2010.

* US$ Million

• Address
  • Crown Holdings Inc.
    One Crown Way
    Philadelphia
    PA
    19154
• Contact Details
  • Phone: 215-698-5100
  • Fax: 215-698-7050
  • Website: www.crowncork.com
  • Stock Symbol: CCK

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