Crane Payment Innovations
Decades ago a company called Victor Products made refrigerated vending equipment at a factory in Ranson, West Virginia.
In 1957, a company called Dixie Foundry, that manufactured cooking utensils and stoves in Cleveland, Tennessee, acquired Victor Products. In 1958, Dixie Foundry acquired Magic Chef. In 1963, Dixie Foundry and Magic Chef combined into one company called Magic Chef.
Narco Sales Group helped Victor Products sell its vending equipment. In 1967, Victor bought Narco; the Victor name was dropped, and the new company was called Dixie-Narco.
In 1986, Maytag Corporation acquired Magic Chef and all of its companies, including Dixie-Narco.
In 1989, Dixie-Narco moved production of vending machines from Ranson, West Virginia to an Admiral freezer factory in Williston, South Carolina. For a hectic 9 months to follow, the factory was emptied, a 110,000 square foot addition was built, and new equipment was installed.
In 1997, Dixie-Narco purchased the assets of ECC Vending (Glass Front Vender).
Dixie Narco was acquired by Crane Co. in 2007. Crane Co. is a diversified manufacturer of engineered industrial products, a global enterprise with sales and operations spanning the Americas, Europe, Asia and the South Pacific. Headquartered in Stamford, Connecticut, Crane Co. employs over 9,000 people worldwide. For more information on Crane Co. please visit www.CraneCo.com.
In the early 2020s, Crane Co. and MEI merged to become Crane Payment Innovations (CPI).