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NEWS AFTERHOURS
Crown Highlights Trump Administration Potential Impact on Its Water Solutions Division
CRKN highlights potential impacts of the incoming Trump administration on its water solutions division. The Lead and Copper Rule Improvement (LCRI) legislation, effective December 30, 2024, will remain unaffected by EPA's regulatory freeze on January 20, 2025. The company's Element 82 and PE Pipelines businesses, focused on lead pipe detection and remediation, are positioned to benefit from continued infrastructure priorities. Crown is exploring funding options, including reinstating its Equity Line of Credit (ELOC) to support growing demand.
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