I was wondering who provides the Federal Reserve with the special paper that they print money with? A specific company name would be nice. Thanks!
2007-01-23 10:02:44 · 5 answers · asked by Ben 2 in Business & Finance ➔ Corporations
The paper is made by Crane Paper, located in Dalton Massachusetts
They have had the contract since sometime in the 1800s
2007-01-23 10:08:45 · answer #1 · answered by edoubleyou 4 · 0⤊ 0⤋
Crane Paper Company of Dalton, Massachusetts.
Reportedly it all began when Stephen Crane sold paper to Paul Revere for the first paper currency. In 1844, they introduced the method of adding colored threads to deter counterfeiters.
The linen they get for the 'paper' comes from manufacturering scraps in textile mills in the south.
2007-01-23 10:10:50 · answer #2 · answered by gray shadow 6 · 1⤊ 0⤋
HAHA Staples
2007-01-23 10:07:38 · answer #3 · answered by T1859763554 1 · 0⤊ 0⤋
dollar bills are actually only a small amount of paper. the rest is fibers and such.
2007-01-23 10:11:05 · answer #4 · answered by handsome_one09 2 · 0⤊ 0⤋
They make their own.
2007-01-23 10:05:03 · answer #5 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋