NEWS ROOM

News, press releases and insights

About Crane Currency Crane Currency is a fully integrated supplier of secure, durable and well-designed banknotes for central banks all over the world. A pioneer in advanced micro-optics technology, Crane Currency offers an endless series of engaging visual effects on a banknote to increase the level of security and public trust. Customers can benefit from Crane Currency’s combined expertise in design, paper and printing – and a culture of knowledge sharing and long-term partnerships. With its heritage in the USA and Sweden for over 200 years, Crane Currency is today a global company and a trusted partner of more than 50 central banks.


Press contact:

Craig Conrad

Director of Communications

craig.conrad@cranecurrency.com

+1 617-648-3722

  • 1st November 2017

    The Commercial Courier (Malta) – Interview with Stephen DeFalco, CEO

    As Crane Currency – the fastest growing global currency player in the world – gets ready to open a facility in Malta, Jo Caruanaspeaks to CEO Stephen DeFalco about his hopes for this milestone move.
    The Commercial Courier-Case Study-Crane Currency

    READ MORE
    As Crane Currency – the fastest growing global currency player in the world – gets ready to open a facility in Malta, Jo Caruanaspeaks to CEO Stephen DeFalco about his hopes for this milestone move. The Commercial Courier-Case Study-Crane Currency
  • 23rd October 2017

    NPR interviews Sam Cape, R&D Director of Crane Currency

    NPR interviews Sam Cape, R&D Director of Crane Currency, to explore the magic behind the MOTION® technology.
    Click here to read the article and access the audio interview.

    READ MORE
    NPR interviews Sam Cape, R&D Director of Crane Currency, to explore the magic behind the MOTION® technology. Click here to read the article and access the audio interview.
  • 6th June 2017

    Crane Currency appoints Doug Prince to its Board of Directors

    BOSTON, MA – May 30, 2017 – Crane Currency, a rapidly growing global producer of currency products, today announced that Doug Prince, Chief Financial Officer of Crane Currency, has been appointed to its Board of Directors effective May 11, 2017.
    “Doug’s extensive financial and operational experience has been instrumental in supporting the rapid growth of the company,” said Stephen P.

    READ MORE
    BOSTON, MA – May 30, 2017 – Crane Currency, a rapidly growing global producer of currency products, today announced that Doug Prince, Chief Financial Officer of Crane Currency, has been appointed to its Board of Directors effective May 11, 2017. “Doug’s extensive financial and operational experience has been instrumental in supporting the rapid growth of the company,” said Stephen P.
  • 6th May 2017

    Crane Currency featured in the NH Union Leader

    BOSTON — AS A LONGTIME tech entrepreneur, Stephen DeFalco knows what it takes to make money. As CEO of Crane Currency, he leads a company that makes money making money – the banknotes used by countries all over the world ….
    Read the article at the Union Leader

    READ MORE
    BOSTON — AS A LONGTIME tech entrepreneur, Stephen DeFalco knows what it takes to make money. As CEO of Crane Currency, he leads a company that makes money making money – the banknotes used by countries all over the world …. Read the article at the Union Leader
  • 15th February 2017

    Crane Currency honored with “Banknote and Currency Services Provider of the Year” Award

    BOSTON, MA – February 15, 2017 – Crane Currency, a rapidly growing global producer of currency products, today announced it has been awarded the ‘Banknote and Currency Services Provider of the Year’ award by Central Banking Publications.
    Launched in 2014, this prestigious award recognizes outstanding performance by organizations serving the demanding needs of the central banking community.

    READ MORE
    BOSTON, MA – February 15, 2017 – Crane Currency, a rapidly growing global producer of currency products, today announced it has been awarded the ‘Banknote and Currency Services Provider of the Year’ award by Central Banking Publications. Launched in 2014, this prestigious award recognizes outstanding performance by organizations serving the demanding needs of the central banking community.
  • 22nd September 2016

    Crane Currency to build banknote printing facility in Malta to support growth

    BOSTON, MA – September 22, 2016 – Crane Currency, a rapidly growing global producer of currency products, today announced plans to build a new banknote printing facility and customer experience center in the country of Malta. The Malta facility will represent an investment of approximately $100 million for the construction of the factory, the machinery and the equipment.

    READ MORE
  • 10th December 2015

    Crane announces separation of its stationery division

    BOSTON, MA – December 10, 2015 – Crane & Co., Inc. has announced its plan to structure its stationery business as a separate company that will be led by the Crane Stationery management team and owned by all its employees. The stationery division represents less than 10% of Crane’s revenues.
    The separation of the stationery business completes the strategic repositioning of Crane into a company with a singular focus on its rapidly growing global currency business.

    READ MORE
  • 26th October 2015

    Crane and The Indonesian Government Security Printing and Minting Corporation sign agreement to establish production facility in Indonesia

    WASHINGTON, D.C. – October 26, 2015 – Crane Currency, a global producer of currency products, and The Indonesian Government Security Printing and Minting Corporation (Perum Peruri), have agreed to explore a joint venture for the manufacture of banknote security features in support of Peruri’s intention to setup a banknote paper mill in Karawang, Indonesia. The signing of the memorandum of understanding was witnessed by Joko Widodo,

    READ MORE
  • 12th May 2015

    Christopher M. Crane inducted into the Currency Hall of Fame

    BOSTON, MA – May 12, 2015 – The International Association of Currency Affairs (IACA) has elected Chris Crane, former vice president at Crane Currency, to the Currency Hall of Fame. The ceremony took place on Monday at the Currency Conference in Vancouver. The International Association of Currency Affairs (IACA) is a non-profit association dedicated to the currency industry.

    READ MORE
  • 12th November 2014

    Bank Al-Maghrib and Crane to form strategic banknote printing partnership for the international market

    Rabat, November 12, 2014 – Crane Currency, a global producer of currency products, and Bank Al-Maghrib, the Central Bank of the Kingdom of Morocco, have established a strategic partnership in the field of banknotes manufacturing for the international market.
    The agreement initiating this partnership was signed by Mr. Abdellatif Jouahri, Governor of Bank Al-Maghrib and Mr.

    READ MORE