PHILADELPHIA, Jan. 30 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced that it has secured an agreement from its lenders to extend $225 million of its $400 million term loan, originally due February 4, 2002 to August 4, 2002. Alan W. Rutherford, Vice Chairman and Chief Financial Officer commented, "The Company is expecting improving fundamentals in the...

PHILADELPHIA, Jan. 23 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that Raymond L. McGowan, Jr. has been named Vice President and Assistant to the President of the U.S. Food Can Division. He reports to Clinton J. Waring, President, Food Can Division. Mr. McGowan's responsibilities in his new position include Sales, Marketing, Quality and Production Planning...

PHILADELPHIA, Jan. 22 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced that it has completed the sale of its fragrance pump manufacturing business located in Thomaston, Connecticut to Rexam PLC for approximately $107 million in cash subject to a net asset adjustment. Net proceeds from the transaction were used to reduce outstanding short-term indebtedness. The Thomaston plant...

PHILADELPHIA, Jan. 15 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) will release its earnings for the fourth quarter and year ended December 31, 2001 before trading begins on the New York Stock Exchange on Thursday, February 14, 2002. The Company will hold its customary conference call to discuss these results at 11 a.m. (EST) the same day...