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Vol. 46, No. 6, June 2006
| ATLANTIC COAST EXHIBITION: Panelists Probe Pitfalls And Potential In Serving The Small-Location Market
Tim Sanford
MYRTLE BEACH, SC — The search for ways to apply or adapt vending to locations with small populations has been under way for more than half a century. Rising costs began “marginalizing” smaller sites in the 1960s, and the shift from an industrial to a service-and-information economy with less populous, more decentralized workplaces that got under way in the next decade lent new urgency to the question.
| | Crane Buys Assets Of Automatic Products
ST. LOUIS, MO — Crane Co. has entered into an agreement to purchase certain assets of Automatic Products international, ltd. (St. Paul, MN) for about $31 million in cash. The acquisition includes APi’s extensive distribution network, product line and parts business. It does not include APi’s manufacturing facility in St. Paul.
| | NAMA Chief Keynotes China Vending Show
Tim Sanford
SHANGHAI, China — The 3rd annual China International Vending Systems & Commercial Self-Service Products Exhibition is slated for the Shanghai Mart here from July 20 through 22, and industry leaders from around the world will attend. NAMA president and chief executive officer Richard M. Geerdes has been invited to deliver an official address at the opening of the event.
| | Iowa’s Touchplay Market Collapses; Operators Say They’ll Sue
Marcus Webb
DES MOINES, IA — Iowa’s 6,400 gambling-type TouchPlay machines went dark on May 4, despite last-minute pleas, lobbying efforts and lawsuits by equipment operators who have spent millions of dollars buying machines in good faith that they were participating in a legal market.
| | IT’s Anticipated Golden Tee LIVE Tourney Goes Online Nationwide
ARLINGTON HEIGHTS, IL — Incredible Technologies kicked off the $100,000 Golden Tee LIVE Regional Championships, featuring exclusive play on the company’s latest golf video game. The tournament, which went online nationwide on June 1, is designed for every player, LIVE game and location, IT said.
| | Maryland’s Gov. Signs Tax Law Change Tripling Bulk Product Exemption
Hank Schlesinger
ANNAPOLIS, MD — Last month, Maryland’s Governor Michael Ehrlich signed legislation, House Bill 951, that will raise the sales tax exemption on bulk vending purchases to 75¢. Set to take effect July 1, the bill, which represents the highest sales tax exemption for bulk vending in the nation, was the culmination of several months of hard work by Cardinal Distributing’s Tom Paszkiewicz and Don Goletz of Vendomatic (Frederick, MD).
| | UPFRONT: Food Vending: It’s All About Perception And Marketing.
Alicia Lavay
On a recent visit to the shopping outlets, my husband and I went looking for a place to have a quick lunch. There were a variety of food and drink options at this outdoor mall, but the lines in the food court were very long. After searching for a more convenient option, we ended up waiting 30 minutes to be seated at a local chain restaurant ...by Alicia Lavay-Kertes
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