Crane Stationery Being Revived Under New Owner

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NORTH ADAMS, Mass. — The venerable Crane Stationery is turning a page with its new owner. 
 
WP Strategic Holdings says it has completed its acquisition of 200-year-old company, according The Albany Business Review. 
 
Todd Kletter, managing partner of WP Strategic Holdings, told the Review that he expects it will restart operations on Friday.
 
About 90 percent of the employees abruptly laid off in February when its parent company Mohawk Fine Papers was acquired by an international firm are being told they will be rehired with the seniority and benefits intact. They expected to receive offer letters today. 
 
The Albany, N.Y.-based consulting and investment firm had Crane listed in its portfolio within days of its closure and stated its intention to acquire the company.
 
"We are thrilled to welcome Crane Stationery into the WP Strategic Holdings family," Kletter said in a statement to the Review. "Crane Stationery's unparalleled reputation for quality and craftsmanship aligns perfectly with our vision of supporting companies with a strong heritage and a dedication to excellence."
 
Mohawk Fine Papers of Cohoes, N.Y., purchased Crane Stationery in 2018 with plans to expand the operation. But it closed the North Adams plant in 2020 and laid off nearly 200 employees. 
 
Fedrigoni, a specialty paper and luxury packaging manufacturer based in Italy, acquired the paper company in February. Mohawk, family owned since 1931, had entered into a manufacturing agreement with Fedrigoni in 2022 and became its North American distributor last July.
 
Some Crane employees had been offered jobs in Cohoes, where the printing of Crane was to continue, and remotely. Those workers were abruptly locked out of the company's email and servers on Feb. 14.
 
Kletter told the Review that Fedrigoni had placed Crane's assets in a holding company while negotiating with his team and Crane will lease space in Cohoes from Fedrigoni. He said retired Mohawk CEO Thomas D. O'Connor Jr. had helped facilitate the deal but has no stake in Crane's revival. 
 
"We are excited about the possibilities that this acquisition brings," Kletter said in a statement. "This acquisition will enable Crane to maintain its growth initiatives, expand its reach, and continue the legacy of delivering premium stationery products to our discerning customers."
 
He also told the Review he has been assuring Crane's customers, who had been cut off with no explanation. The Crane website, which for weeks had a notice that the site was down for maintenance as "We are taking a moment to reflect" is back up. 
 
Kletter, who founded WP Strategic Holdings in 2020, had previously consulted for Crane and is currently the interim chief operating officer.
 
Offer letters to employees say the the transition will "unfold in several phases" but they can "rest assured that your wages and payment schedule will remain unchanged."
 
"Our goal is to make this transition as seamless as possible for you and keep benefits as closely aligned to what had been offered in the past. We appreciate your patience as we finalize these details."

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North Adams Airport Hires New Manager

By Jack GuerinoiBerkshires Staff

NORTH ADAMS, Mass. — The Airport Commission unanimously voted this week to hire Skyler Friedman as the new airport manager.

The vote came after a brief interview Tuesday. Although two candidates were scheduled to be interviewed, only Friedman was in attendance.

In total, there were four resumes that a subcommittee knocked down to two finalists.

"All were qualified," Commissioner William Hooper said. "One was less qualified, two were equally qualified, and one was a step above. The two you have this evening were the two determined to be the most qualified."

The commission planned on interviewing both candidates, but only interviewed Friedman. Although the second candidate indicated she would be present remotely for the interview, she never called in.

Friedman was the manager from June until September through the city's contract with Hewison Aviation, a New York-based flight school operating in North Adams. The company provided management services to the city but decided to end this arrangement in the fall.

The commission faced losing Friedman as manager and urged him to apply when they advertised the position.

Friedman spoke about communication, noting he suspected it would be easier as an employee of the city. He also spoke about larger projects at the airport he would like to follow through on, including the creation of a flying club. He said he wants more people at the airport and interested in aviation.

He was asked if he planned to leave the position in the near future for other opportunities.

"I would not be here now if that were my goal," he answered.

He added that the area does not have a Certified Flight Instructor (CFI), a position he hopes to fill. He said he hopes to "merge his interests" as the manager and a CFI, eventually relocating permanently to North Adams instead of commuting from Albany.

Otherwise, he said there will be no disruptions, as he has already done the job. Instead of learning a new position, he said he is ready to tackle projects he had to step away from when the contract ran out.

"The past five months have been that process, and I will pick up where I left off," he said. "I stumbled upon things in the interim, and there will be no transition."

In other business, the Airport Commission saw another response to the proposed restaurant RFP. Only one organization responded: East Fork Bread.

Although there was some back-and-forth between the RFP subcommittee and the bread makers, the subcommittee ultimately could not recommend their proposal as it did not fit their requirements.

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