Crane builds Malta banknote printing facility

by JJP

Banknote Malta Crane

Posted on Tuesday, October 4, 2016


Crane Currency, a rapidly growing global producer of currency products, has announced plans to build a new banknote printing facility and customer experience center in the country of Malta.

The Malta facility will represent an investment of approximately $100 million for the construction of the factory, the machinery and the equipment. The company expects to initially hire approximately 200 new employees. The planned 140,000 square foot facility, expected to be completed in early 2018, is being constructed in the Hal Far industrial area. The company made the announcement during a visit to its offices by the Prime Minister of Malta, The Honorable Dr. Joseph Muscat.

Crane currently supports its international customers from its Tumba, Sweden operations which includes a modern printing works, banknote paper mill and design services team and from its security technologies operation in New Hampshire and Georgia.

About Jeremy Plimmer

Jeremy Plimmer has 35 years of experience in the security related print and packaging industry working originally as sales development director for manufacturers of passports, high security print and labels and more recently as a consultant. He is a graduate member of the Chartered Institute of Marketing, a Fellow of the Institute of Minerals, Materials and Mining, chairman of the West Midlands Packaging Society as well as vice chairman of the East Midlands Packaging Society.

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About the foundation

The Product & Image Security Foundation is a non-profit making trade association which was originally formed under the name of Label & Tag Security International (LTSI) in the early 1990's.

Today it operates with more than 100 members in 27 countries and is the premier international forum for manufacturers, suppliers and users of labels, tags, packaging, identification systems, materials and systems for any form of product security, brand image protection or product traceability applications and technology.