Albany Firm Looks To Purchase Crane Stationery

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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.

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Big Y Investigates Conn. Skimmer Incident

SPRINGFIELD, Mass. — Big Y supermarket discovered skimmers in two of its Connecticut stores last month. 
 
In a press release on Monday, the grocery chain said an unknown individual attached a skimming device to one single terminal in each of its Naugatuck and Plainville locations. The skimmers were found on June 29.
 
Skimmers are devices that are illegally installed over or inside card readers at places like convenience stores, fuel pumps and ATMs to steal information off the cards. The FBI estimates that skimming costs consumers and financial institutions more than $1 billion a year. 
 
"We are actively investigating the circumstances surrounding this incident, and we notified and are working with law enforcement. We have inspected all of our terminals, and continue to do so. If we learn that any particular customer's information was compromised, we will promptly notify them and provide them with additional information so that they can take steps to protect themselves," according to Jade Rivera- McFarlin, Big Y's manager of communications.
 
"As a best practice, customers should always review their bank and credit card statements for any signs of fraudulent activity and, if they have any questions or concerns, contact their bank or credit card company directly."
 
The FBI has some tips for keeping your card data safe here
 
If any Big Y customers have questions or concerns about this matter, they can call 1-800-828-2688 between the hours of 8 a.m. and 4:30 p.m.
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