Fastcorp Bolsters Management Team, Widens International Presence

Posted On: 4/4/2018

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CHESTER, CT — Fastcorp Vending reports that it is moving into 2018 with new vigor. Late last year, the company appointed Peter Ricci as business development manager.  In this newly created position, he will report directly to President & CEO, Brian Weinstein and will work alongside vice-president Colleen Morris, a 14-year Fastcorp veteran.

Ricci brings over 30 years’ experience in sales and management to his new duties. He has a solid track record of developing national, global and military partnerships, and is eager to apply his skills to a new industry. He will be heavily involved in initiatives to develop relationships with large brands and operators seeking to explore the use of robotic retailing to build their brands and sales.

Fastcorp Asia Ltd. (FAL) is making its debut at the China International Vending Machines & Self-service Facilities Fair in Guangzhou, China, March 4 through 6, where it will exhibit two of its new DIVI machines. Brian Weinstein, President, will be there to help showcase the Fastcorp technology to the Asian markets.  The DIVI vender, designed and engineered in the United States, is a versatile machine capable of dispensing frozen, refrigerated or ambient products with its unique, reliable robotic vacuum delivery system.

Fastcorp has sold machines around the world, achieving success on the global stage for many years. It is now focusing tightly on Asian markets.  In January, the company finalized an agreement to establish a “Strategic Alliance Partnership” with Hontech, a leader in machinery and vending equipment manufacturing in China, originating in Taiwan. Fastcorp Asia’s two offices in Donghuan City in thein Guangzhou province and the other in Jia Shan City, near Shanghai, will allow the company to service the Asian markets more effectively and efficiently.

“The Asian opportunity for vending and automated retail is tremendous, especially in China,” said Fastcorp chief executive Brian Weinstein. “We very much look forward to working with our Asian partners to significantly expand into these markets together.”