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In 2015, the company spun off its stationery division, via a management buyout. The new company retained the North Adams factory, as well as Crane & Co. and related trademarks. [7] In 2018, Mohawk Fine Papers purchased Crane Stationery. Mohawk is a family-owned company headquartered in Cohoes, New York. [8]
In 1857 Crane & Company began making the paper for banknotes, [4] and it was confirmed as the paper of choice for U.S. currency beginning in 1862. As of 2012, Crane & Company continues to manufacture the paper for U.S. currency. [5] By 1840 Lee was the largest paper producer, and by Zenas Crane's death in 1845, Berkshire was the largest paper ...
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The collection consisted of over 407,000 silver dollar coins which weighed 12 tons. [6] A-Mark Financial sold the coins individually and many came in a Paramount coin slab . Two major coin grading services, Numismatic Guaranty Company and Professional Coin Grading Service , have included the Redfield name on their graded coin holders.
Control of the company passed to Chein's widow who then turned the management of it over to her brother, Samuel Hoffman, who was already the founder and CEO of the rival Mohawk Toy Company. Under Hoffman's direction, J. Chein & Company expanded and prospered, producing many increasingly complicated mechanical toys.
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The Crane and Company Old Stone Mill Rag Room is one of the oldest surviving buildings (built in 1844) of Crane & Co., one of the oldest papermaking businesses in Berkshire County, Massachusetts. [2] It is located in southwestern Dalton , on a site where paper has been manufactured since the early 19th century.
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