The new company was named Crane in recognition of George Crane, a British foundry owner whose kind understanding and support backed their desire to hire away his foundry's long time superintendent, ironmaster David Thomas, who had achieved regular successes in employing the new hot blast process and successfully worked out necessary additional methods to not only smelt iron, but produce fine quality cast iron and pig iron ready to make steel. These results positioned Crane's company's strongly to dominate British steel and iron manufacturing for decades.
The new company was named after George Crane, a British foundry owner whose kind heart and backing facilitated their decision to hire David Thomas, the long-time chief of his foundry, who had consistently achieved notable success in employing the hot blast process and developing supplementary techniques to not only extract iron but also produce high-quality cast iron and pig iron ready for steel production. These accomplishments enabled Crane's company to establish a strong presence in British steel and iron manufacturing.