Welcome to our dedicated page for Crawford United news (Ticker: CRAWA), a resource for investors and traders seeking the latest updates and insights on Crawford United stock.
Crawford United Corporation (OTC: CRAWA) is a Cleveland-based, growth-oriented holding company that reports frequent updates on its specialty industrial manufacturing operations. Its news flow centers on two primary segments: Commercial Air Handling Equipment, and Industrial & Transportation Products, both of which serve industries such as healthcare, education, aerospace, defense, transportation and energy.
On this page, readers can find news releases covering Crawford United’s quarterly and annual financial results, including sales, net income and the non-GAAP metric EBITDA As Defined, as disclosed in the company’s earnings announcements. These updates often highlight performance trends across the Commercial Air Handling Equipment and Industrial & Transportation Products segments.
The news archive also features transaction and acquisition announcements. Examples include the acquisitions of Advanced Industrial Coatings, which provides high-performance fluoropolymer and other coatings for aerospace, semiconductor, medical, energy and industrial sectors, and Rahn Industries, a manufacturer of HVAC coils and related coatings serving OEM and aftermarket customers. Such releases describe how these businesses fit into Crawford United’s portfolio and end markets.
Another key category of news involves strategic corporate developments. In December 2025, Crawford United and SPX Technologies announced a definitive agreement under which an SPX affiliate will acquire Crawford United, with its Commercial Air-Handling Equipment segment to be integrated into SPX’s HVAC segment and its Industrial & Transportation Products segment classified as non-core and held for sale by SPX.
Investors and analysts can use this CRAWA news page to review historical press releases on earnings, acquisitions, investor presentations and the planned merger with SPX Enterprises, LLC, helping them understand how Crawford United’s portfolio and strategic direction have evolved over time.
Crawford United Corporation (OTC: CRAWA) reported its financial results for the three and twelve months ending December 31, 2020. Quarterly sales were $19.9 million, down from $21.1 million last year, with operating income decreasing by 35% to $1.7 million. However, net income rose by 22% to $2.1 million. For the year, sales decreased by 5% to $85.1 million, and operating income also fell to $7.5 million. The declines were attributed to COVID-19, but the company remains optimistic about recovery and expects recent acquisitions to add $15 million in annual revenue.
Crawford United Corporation (OTC: CRAWA) announced the acquisition of Global-Tek Manufacturing in Puerto Rico and Machining Technology in Colorado, effective March 1, 2021. These companies specialize in providing engineered manufacturing solutions, including CNC machining and die casting, primarily in the defense, aerospace, and medical device sectors. The acquisition is expected to enhance Crawford's market presence and diversify its customer base, contributing an estimated $8 million in annualized revenue and being immediately accretive to earnings.