The iconic 220-year-old Crane Stationery company will close, the victim of an emerging digital culture and the COVID-19 pandemic.
Employees were notified by email on Wednesday that their last day would be June 19. Chief Operations Officer Dean Daigle wrote that the brand had been buffeted by a weakened invitations market and the January bankruptcy filing of its biggest customer, Papyrus.
The company said it will continue to pay employees through June 19 and will continue to cover the share of group health insurance benefits through until June 30. Crane employs about 270 people.
Just a year ago, owner Mohawk Fine Papers was touting its commitment to invest $3 million to $4 million into the facility in the Robert Hardman Industrial Park on Curran Highway. The objective, said company officials was to build on the luxury brand while catering to contemporary needs.
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