Albany Firm Looks To Purchase Crane Stationery

Staff Reports Print Story | Email Story
COHOES, N.Y. — According to an article from the Times Union, WP Strategic Holdings is reported to be purchasing Crane Stationery company that was formerly located in North Adams.
 
The article, that was published Feb, 20. 2024, stated that the holding company's owner Todd Kletter told the Albany Business Review that "In principle, we have a deal," in regard to the purchase.
 
The article continued that WP Strategic Holdings already listed Crane as one of its properties on its website, and Kletter told the Albany Business Review that he hoped to have Crane in operation this week.
 
He expects to close on the deal within 30 to 45 days.
 
Earlier this month, the Albany Business Review reported that the 220 year old stationery company was being acquired by international Fedrigoni Group and employees at Crane were laid off. They confirmed that 75 people in the Crane unit were notified that they were laid off "effective immediately."
 
Mohawk Fine Papers purchased Crane Stationery in 2018 The New York company closed the North Adams, Mass., plant in 2020 and laid off nearly 200 employees. 
 
A number of them were offered jobs in Cohoes, where the printing of Crane was to continue, and remotely.

Tags: Crane,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

Clarksburg Joining Drug Prevention Coalition

By Tammy DanielsiBerkshires Staff
CLARKSBURG, Mass. — The Select Board has agreed to join a collaborative effort for drug prevention and harm reduction.
 
The new coalition will hire a North County community coordinator who will be headquartered on the North Adams Regional Hospital campus and who oversee allocations for harm reduction, education and prevention efforts. Berkshire Health Systems has also committed about $120,000 over the next five years. 
 
Clarksburg, one of the first communities to sign on to the opioid lawsuit filed by a consortium of states several years ago, has so far received payouts of $23,594.78. It's expected to receive nearly $64,000 by the end of the 16-year payout. 
 
In October, the board had discussed whether to pool that money with other communities, expressing concerns that the small town would not receive enough benefits.
 
"Anytime there's a pooling of money I think countywide, I think we know where the bulk goes to," said member Colton Andrew said Monday. "I'm more open to the idea of keeping the money here but open to hearing your intentions and how the mony will be allocated."
 
Chair Robert Norcross said he felt there seemed to be a focus on harm reduction, such as the use of Narcan, and not enough for prevention or problem-solving.
 
But after hearing from members of the nascent coalition, members voted Monday night to partner with other Northern Berkshire communities.
 
View Full Story

More North Adams Stories