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9 April 2014
Pollard moves Michigan machines to Winnipeg
WINNIPEG—Following the addition of a new Tresu press at Pollard Banknote's Ypsilanti, Michigan plant, the company will relocate its Ypsilanti presses to a facility in Winnipeg.
The 22-station Tresu, which cost the company $20 million, is an instant ticket printing press that Pollard will use to service its bread and butter clients in the lottery industry. It will go live in the second quarter of 2015 and increase the company's available print capacity by a reported 35%.
In a released statement, Pollard said the relocation of existing machines to Winnipeg will support expanding lottery customers in Canada as well as internationally, and spur a transition to an overall lower cost production platform.
"Our sales volumes continue to increase significantly, with our 2013 sales volumes up 8% over 2012," stated Doug Pollard, co-chief executive officer. "This investment in a new press is significant evidence of our belief in the growth potential of the lottery retail space, particularly when supported by an omni-channel marketing strategy."
In February, Pollard secured a five-year contract extension with the British Columbia Lottery Corporation (BCLC) with an estimated value of $30 million in revenues. The deal continues a 28-year relationship with the BCLC.
Pollard, established in 1907, is a specialized lottery vendor and a major supplier to the North American charitable gaming industry. It produces instant lottery tickets and provides related programming, design and marketing services to more than 50 lotteries worldwide.
The 22-station Tresu, which cost the company $20 million, is an instant ticket printing press that Pollard will use to service its bread and butter clients in the lottery industry. It will go live in the second quarter of 2015 and increase the company's available print capacity by a reported 35%.
In a released statement, Pollard said the relocation of existing machines to Winnipeg will support expanding lottery customers in Canada as well as internationally, and spur a transition to an overall lower cost production platform.
"Our sales volumes continue to increase significantly, with our 2013 sales volumes up 8% over 2012," stated Doug Pollard, co-chief executive officer. "This investment in a new press is significant evidence of our belief in the growth potential of the lottery retail space, particularly when supported by an omni-channel marketing strategy."
In February, Pollard secured a five-year contract extension with the British Columbia Lottery Corporation (BCLC) with an estimated value of $30 million in revenues. The deal continues a 28-year relationship with the BCLC.
Pollard, established in 1907, is a specialized lottery vendor and a major supplier to the North American charitable gaming industry. It produces instant lottery tickets and provides related programming, design and marketing services to more than 50 lotteries worldwide.
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