Crown Cork & Seal Elects a New Board Member

Publish Date
Thursday, July 26, 2001
PHILADELPHIA, July 26 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) announced today that Hans J. Loliger, 58, Vice Chairman of Winter Group, Basel, Switzerland, a leading supplier of covering materials to the luxury packaging industry, has been elected to the Company's Board of Directors. The Board now has 10 members. Until the end of 2000...

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Crown Cork & Seal Announces Second Quarter 2001 Results

Publish Date
Wednesday, July 18, 2001
PHILADELPHIA, July 18 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced its results for the second quarter and six months ended June 30, 2001. The Company reported net income from continuing operations of $0.05 per diluted share. Net sales in the second quarter were $1.9 billion, 2.9% less than the same period last year...

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PHILADELPHIA, July 9 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) will release its earnings for the second quarter ended June 30, 2001 before trading begins on the New York Stock Exchange on Thursday, July 19, 2001. The Company will hold its customary conference call to discuss these results at 11 a.m. (ET) the same day...

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PHILADELPHIA, June 19 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) is pleased to announce that effective June 17, 2001, it reached a new three-year labor agreement with the Glass, Molders, Pottery, Plastics & Allied Workers International Union for its facility in Connellsville, PA. The Union is comprised of two local unions, representing approximately 267 production...

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Crown Cork & Seal Wins Can-of-the-Year Awards

Publish Date
Tuesday, May 8, 2001
SuperEnd(TM) and Self-Heating Can Bring Home the Gold PHILADELPHIA, May 8 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced that it has won six new industry awards for metal packaging innovations at the CanMaker Summit's Can-of-the- Year Awards. In recognition of its continued technical leadership, the Company received three times more awards than any...

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PHILADELPHIA, May 1 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) announced today that Frank J. Mechura, 58, has been promoted to Executive Vice President of the Company as well as President of its Americas Division, effective immediately. He succeeds, and will report to, John W. Conway, the Company's Chairman and Chief Executive Officer. Mr. Mechura...

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Crown Cork & Seal Reports First Quarter 2001 Results

Publish Date
Wednesday, April 18, 2001
PHILADELPHIA, April 18 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced its results for the first quarter ended March 31, 2001. On a continuing operations basis and before the cumulative effect of accounting changes, the Company reported a net loss of $0.37 per diluted share compared to net income of $0.17 per diluted share...

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PHILADELPHIA, April 9 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) will release its earnings for the first quarter ended March 31, 2001 before trading begins on the New York Stock Exchange on Thursday, April 19, 2001. The Company will hold its customary conference call to discuss these results at 11 a.m. (ET) the same day...

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PHILADELPHIA, March 13 /PRNewswire/ -- Crown Cork and Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced the introduction of the next generation of easy-open steel food can ends. The new tops, called Eole III, will be commercially available in the third quarter of 2001. Building upon its history of innovation and the growing consumer trend toward convenience involvement products...

Read the full article: Crown Cork & Seal Introduces Next Generation Easy-Open Can; Advanced Design Easier to Open With Superior Performance

PHILADELPHIA, March 12 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced today the successful completion of its Amended and Restated Credit Agreement, which also provides $400 million in additional financing. The Company's existing lenders, led by JPMorgan, as arranger, agreed to extend the maturity date of the Company's $2.5 billion multi-currency revolving credit facility...

Read the full article: Crown Cork & Seal Extends Term of Revolving Credit Facility and Raises a New Term Loan

Crown Cork & Seal Major Capacity Change At Facility

Publish Date
Tuesday, February 27, 2001
PHILADELPHIA, Feb. 27 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) today announced a major capacity realignment at its Weston, Ontario plant. Crown will convert two of its existing four aluminum beverage can lines to manufacture two-piece steel food cans and substantially reduce the plant's beverage capacity. The Weston plant is one of the Company's...

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PHILADELPHIA, Feb. 26 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK): announced today that John W. Conway, 55, has been elected Chairman of the Company's Board of Directors, effective immediately. He succeeds William J. Avery, a long time Chairman of the Company who retired. This action is consistent with the Company's stated leadership succession plan...

Read the full article: John W. Conway, CEO, Elected Chairman of Crown Cork & Seal; Alan W. Rutherford, CFO, Elected Vice-Chairman

Crown Cork & Seal Reports Fourth Quarter and 2000 Results

Publish Date
Thursday, February 15, 2001
PHILADELPHIA, Feb. 15 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced today its results for the fourth quarter and year ended December 31, 2000. Net income available to common shareholders for 2000, before unusual items, was $0.73 per diluted share compared with $2.15 per diluted share, before unusual items, for 1999. Fourth quarter net...

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PHILADELPHIA, Feb. 6 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) will release its earnings for the fourth quarter and year ended December 31, 2000 before trading begins on the New York Stock Exchange on Thursday, February 15, 2001. The Company will hold its customary conference call to discuss these results at 11 a.m. (ET)...

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PHILADELPHIA, Jan. 16 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced today that it has expanded capacity of its can shaping facilities with the completed development of an $8 million high-speed rotary can-shaping machine which will be commercially deployed in the third quarter of 2001. This latest development comes on the heels of a...

Read the full article: Crown Cork & Seal Expands Manufacturing Capacity of Shaped Beverage Cans; Innovative Can Designs Grow as Trend in Premium Branding

PHILADELPHIA, Jan. 8 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced today that John W. Conway assumed the role of Chief Executive Officer, succeeding William J. Avery. As previously announced on November 14, 2000, the transition was to follow Mr. Avery's retirement from that position on January 5. Mr. Conway, formerly President and Chief...

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PHILADELPHIA, Dec. 21 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced today that Torsten J. Kreider, 36, has been promoted to Corporate Vice President, Planning & Development. He continues to report to Timothy J. Donahue, Senior Vice President, Finance. Mr. Kreider was most recently Director, Planning & Analysis with responsibilities in the worldwide planning...

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PHILADELPHIA, Dec. 15 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced that its Board of Directors voted to suspend the Company's quarterly dividend on its common stock. The next scheduled dividend would have been payable in February 2001 to shareholders of record. The Company's quarterly dividend had been set at $0.25 per share, or...

Read the full article: Crown Cork & Seal To Suspend Quarterly Dividend To Focus On Debt Reduction