Crane invests $100 million in new banknote 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
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