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Home > News > Dalton paper maker buys tech unit

October 1st, 2008

Dalton paper maker buys tech unit

Abstract:
Dalton paper maker Crane & Co. said it will buy the security technology unit of an Atlanta nanotechnology firm for an undisclosed price.

The acquisition of Visual Physics from Nanoventions will give Crane, best known for its production of paper for US currency, control of advanced technology used to prevent counterfeiting.

Privately-held Crane, which has operated in Western Massachusetts for more than 200 years, provides currency paper and anti-counterfeiting measures to central banks around the world. (The 2005 Globe file photo above this story shows a Crane worker checking a sheet of paper that will become $20 bills.)

Source:
boston.com

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