Coinstar selects Volex PLC as its Contract Manufacturing Partner
Volex PLC and its wholly-owned subsidiary Servatron Inc. have been selected as the strategic contract manufacturing partner for Coinstar, LLC . Coinstar, headquartered in Bellevue, WA, is a global company with innovative solutions for the retail and financial institution markets specializing in coin-counting kiosks.
David Helwig, Manufacturing and Procurement Director for Coinstar, stated, “We conducted an extensive search, evaluating a number of contract manufacturing candidates with regard to their capability, quality performance, customer orientation, and cost. We have selected Volex and Servatron due to their outstanding quality and operational expertise in the complete manufacturing of complex electromechanical assemblies. In addition, Volex’s global footprint will allow Coinstar to provide procurement and manufacturing services closer to our end customers’ locations.”
Volex will handle all aspects of the manufacturing of large scale kiosks for Coinstar in all worldwide regions, including North America, Europe and Asia. Volex will manage the full-scale box build and supply chain for Coinstar: from sheet metal sourcing, raw material purchasing, PCBA and cable manufacturing to integration and test.
Volex’s strategy is to provide integrated box-build manufacturing services and full system assembly expertise for our customers worldwide utilizing their global manufacturing facilities that require in-region distribution and support. “We are ecstatic to support Coinstar with their innovative solutions for the retail and financial institution markets,” stated Tod Byers, President of Servatron.
Based in Bellevue, Wash., Coinstar owns and operates the largest fully automated, multi-national network of self-service coin-counting kiosks. With more than 22,000 kiosk locations, Coinstar provides convenient and reliable coin counting and cash services at mass merchants, grocery and drug stores and financial institutions. Consumer solutions include coin-to-cash, coin-to-eGift card, charity donation options, and Bitcoin purchase with cash. For kiosk locations and information, visit www.coinstar.com.
Volex plc is a leading integrated manufacturing specialist. The group designs and manufactures products that ensure a critical connection never fails and are used in everything from defibrillators and ventilators through to data networking equipment and vehicle telematics. Headquartered in the United Kingdom, Volex serves the needs of its blue-chip customer base from its manufacturing sites located across nine countries and three continents, employing over 6,000 people. Volex’s products are sold through its own global sales force and through distributors to Original Equipment Manufacturers (‘OEMs’) and Electronic Manufacturing Services companies. For more information please visit www.volex.com
Servatron, a wholly-owned subsidiary of Volex PLC, is a full-service electronics manufacturing service provider, located in Spokane WA. Servatron’s provides expertise in PCBA, Cable and Electromechanical assembly.
About Coinstar, LLC
Coinstar® is the global leader in self-service coin counting with 23,000 kiosks in North America, Europe, and Japan. More than 800 billion coins have been processed since Coinstar’s inception in the early 1990s. In the United States, consumers can convert their change to cash, a no-fee eGift card, or donate to charity at supermarket, mass merchant, drug store, and financial institution kiosk locations. Expanded cash services at Coinstar® kiosks include purchasing cryptocurrencies and adding money into digital accounts. For brand advertisers, Coinstar now offers adPlanet™, which enables lead generation on the interactive kiosk screen and a flexible digital advertising platform that sits atop Coinstar kiosks at select grocery locations. For more information on Coinstar or kiosk locations, visit www.coinstar.com.
Marci Maule Housley