Imagine being responsible for literally making money?

This Dalton, Massachusetts business has been producing the special paper that money is printed on for a long time.

Since the news of FTX Crypto  broke recently, it got us talking about the future of money. Is it really crypto?

Emanating from that conversation was paper money in general.

Photo Credit: Wren Hope Rose
Photo Credit: Wren Hope Rose

Listeners of "Slater and Marjo In The Morning" may have heard us talking about how often the $100 dollar bill changed in appearance.

Most recently in 2013, before that 1996, 1990, etc. etc...

But, did you know that the paper U.S. money is printed on comes from right here in Massachusetts? Yup.

The Paper On Which U.S. Money Is Printed From Comes From Massachusetts!

Crane Currency in Dalton, MA

  • Crane and Co., a Massachusetts-based company, has been providing the U.S. Bureau of Engraving and Printing with paper for U.S. currency since 1879.

So, Is It Special Paper? Yes.

  • Federal Reserve notes are a blend of 25 percent linen and 75 percent cotton. Currency paper has tiny red and blue synthetic fibers of various lengths evenly distributed throughout the paper.
  • It would take 4,000 double folds, forwards and backwards, to tear a banknote.

Crane Currency was established in 1801 in Dalton, MA and still operates two paper mills. It was in 1879 that Crane got the order to start producing U.S. currency paper.

It's Hard To Part With Paper Money

We'll pivot for a second and talk about spending less money. The next time you think you're spending too much money, try taking a hundred bucks out of the ATM and spend that before you use your debit card.

The actual act of parting with paper money is much harder to do than swiping your debit/credit, so inadvertently you'll spend less!

QUIZ: Can you identify 50 famous companies by their logos?

How well do you know the logos of 50 of the world's most famous companies? Keep scrolling to see if you can guess which icon belongs to which brand.

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