OCEANSIDE, NY -- Roger Folz died on April 29. He was 86. A bulk vending legend, Folz eschewed a career on Wall Street to found Folz Vending Co. in 1949 with his brother Harold. Starting with $600 and one vending machine, Folz would eventually create the first national bulk vending company. At its height, Folz Vending boasted 170,000 machines in 48 states and Canada, and offices dotting both countries. Revenues were reported to top $55 million. The firm was sold in 2003 to American Coin Merchandising Inc., which was sold to Coinstar a year later.
A former president of the National Bulk Vendors Association, Folz was a tireless advocate for tax reform, as well as a strong supporter of charities, most notably Jerry Lewis's work for the Muscular Dystrophy Association.
The Folz family has made arrangements at Gutterman's Funeral Home, 175 N. Long Beach Rd., Rockville Centre, NY 11570. Services will be at 12 noon, Friday, May 2. The family will receive visitors from 11 a.m. to 12 p.m. before the service. The funeral home can be reached at (516) 764-9400.
The Family has requested that in lieu of flowers, donations be sent to the Elliot Howard Folz Foundation, c/o B. Williams, 21 Mayhew Ave. Babylon, NY 11702.