A friend emailed an article about Crane & Co. that appeared in this month’s issue of Inc. Magazine. Pretty interesting read. Makes that rumor about Taylor Corp wanting to buy Crane’s social paper division seem a whole lot more credible, which scares the willies out of most retailers (to put it mildly...and politely). To download the 2-page pdf, click here.You can also read the article online, although it’s a bit hard on the eyes due to some bizarre formatting snafu on the Inc. site.
Thanks to Gregg at VendorTech for sending this over.
Editor’s note: Just got a call from Cliff Allen, Director of Sales at Crane & Co.
According to him, the rumor about Crane’s and Taylor Corp are “...not true. Crane’s could have sold this division a couple of times to fund [upcoming technology] for the currency division. Instead, [they] opted to work with capital investment groups,” keeping the company in tact. “The Crane family has a firm commitment to this industry,” added Allen. Bodes well for you stationery retailers out there.
Thanks for the follow-up, Cliff. Much appreciated. -— CB
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