Crane invests $100 million in new banknote plant

New banknote facility to add to operations in Sweden and the US, employing 200 people

Banknote provider Crane invests in new printing plant

Crane Currency has announced it will be investing approximately $100 million in the construction and supply of machinery and equipment for a new banknote printing facility to be located in Malta. 

The currency service provider plans to hire around 200 new employees for the 140,000sq ft facility, which is expected to be completed in 2018.

"We are delighted to expand our banknote printing capacity with our new facility in Malta," said Stephen DeFalco, chief executive officer of Crane Currency, in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account