| Crane Paper Company |
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| CATEGORIES ABOUT CRANE PAPER COMPANY | |
| companies established in 1801 | |
| pulp and paper companies | |
| companies based in massachusetts | |
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HISTORY Stephen Crane was the first in the Crane family to become a papermaker. He sold currency-type paper to engraver Paul Revere , who printed the American Colonies ’ first paper money. In 1801 Crane was founded by Zenas Crane, Henry Wiswall and John Willard. The company's original mill had a daily output of 20 posts (1 post = 125 sheets). Crane developed a method to imbed parallel silk threads in banknote paper to denominate notes and deter counterfeiting in 1844 . In 1879 Crane grew when Winthrop M. Crane won a contract to deliver U.S. currency paper. In 1922 Crane & Co. incorporated, with Frederick G. Crane elected as president. In 1970 Crane’s pollution-control system won an award. CEO
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