CRANE CO. Exhibit 21 to FORM 10-K Annual Report for the Year Ended December 31, 1998 Subsidiaries of Registrant The following is a list of active subsidiaries of the registrant and their jurisdictions of incorporation. Except as noted, all of these subsidiaries are wholly owned, directly or indirectly, and all are included in the consolidated financial statements. The names of several other subsidiaries have been omitted as they would not, if considered in the aggregate as a single subsidiary, constitute a significant subsidiary. Cochrane, Inc Delaware Crane Australia Pty., Ltd. Australia P.T. Crane Indonesia (51%) Indonesia Crane GmbH Germany National Rejectors, Inc. GmbH Germany NRI Iberica, S.A. Spain Crane International Holdings, Inc. Delaware Crane Canada, Inc. Canada Crane Capital Corporation, LLC Delaware Crane Center-Line Valve Co. Delaware Crane Ningjin Valve Co., Ltd. (70%) China Crane FSC Corporation Barbados Crane Ltd. England Crane Europe Ltd. Scotland Grenson Electronics Ltd. England Stockham Valve Ltd. England UMC Industries Ltd. England Crane Pumps & Systems, Inc. Delaware Barnes Pumps, Inc. Ohio Barnes Pumps Canada, Inc. Ontario Dyrotech Industries, Inc. Delaware ELDEC Corporation Washington ELDEC France S.A.R.L. France Huttig Sash & Door Company Delaware CIPCO Inc. Illinois Rondel's, Inc. Washington Ferguson Machine Co. S.A. Belgium Hydro-Aire, Inc. California Interpoint Corporation Washington Interpoint GmbH Germany Interpoint S.A.R.L. France Interpoint Taiwan Corporation Republic of China Interpoint U.K. Ltd. England (continued) 25 Subsidiaries of Registrant (continued) Kemlite Company, Inc. Delaware Sequentia Incorporated Ohio Mark Controls Corporation Delaware Azonix Corporation Massachusetts Azonix S.A.R.L. France Barksdale, Inc. Delaware Barksdale Control Products GmbH Germany Dynalco Controls Corporation Delaware Mark Controls Norway A/S Norway Westad Industri A/S Norway Powers Process Controls, Ltd. Ontario Resistoflex (Asia) Pte., Ltd. Singapore Kessel (Thailand) Pte., Ltd. (49%) Thailand Resistoflex Sdn. Bhd. Malaysia UniDynamics/Phoenix, Inc. Delaware UniDynamics/St. Louis, Inc. Delaware Crane Nuclear, Inc. Delaware Stockham Valve Australia Pty., Ltd. Australia 26