Laserfiche WebLink
00 <br /> 0 <br /> Y <br /> V yam. <br /> 2 <br /> go Q z <br /> O <br /> O <br /> The Coin-Tainer°Co. LLC <br /> IX. The Competition <br /> Pap-R Products <br /> As one of the few existing coin and currency manufacturers, Pap-R Products is currently Coin- <br /> Tainer's post-fire supplier of coin wrappers and currency straps. Pap-R Products is equipped to <br /> serve Coin-Tainer's customers, but has little desire to expand into the retail market due to their <br /> inexperience with handling the stringent compliance guidelines and demands of retail accounts. <br /> Items Coin-Tainer chooses to no longer manufacture post-fire will be purchased through and <br /> manufactured by Pap-R Products. <br /> N.F. String & Sons <br /> Another player in the coin and currency industry, N.F. String & Sons, has annual volumes and <br /> production capabilities that are significantly less than that of Coin-Tainer. NF String & Sons is <br /> located in Pennsylvania and also faces a severe freight disadvantage. <br /> Mini-Tube USA <br /> A new competitor at this time is Mini-Tube USA, a Swedish company who has brought their <br /> preformed nested coin wrappers to America in recent years. The product is nested utilizing <br /> automated equipment rather than hand packaging, but the wrappers are not cut to a specific <br /> length to accommodate the coins inside, which can cause problems in some automatic coin <br /> wrapping machines. <br /> The shape of Mini-Tube's coin wrappers allows nesting by denomination, which provides <br /> increased efficiencies for freight and shelf space. However, the wrappers have proven to be <br /> flimsy and unreliable. In an effort to remain the leader in high-quality coin wrappers, Coin-Tainer <br /> is designing equipment to make their nesting process more time and cost-efficient. <br /> Bank Supply Distributors <br /> Bank supply distributors, many of which are customers of Coin-Tainer, carry paper coin and <br /> currency items as a part of their extensive product offering. Because they are able to offer a <br /> comprehensive banking supply assortment, they can sometimes be viewed as an appealing <br /> vendor choice. Since many of them are customers, they usually cannot compete on price and <br /> do not choose to quote Coin-Tainer's existing business. <br /> Indiana Ticket Company <br /> Indiana Ticket Company is a capable manufacturer located in Muncie, Indiana. Originating in <br /> 1971; they are an established production facility with a desirable ship point in the Midwest. They <br /> offer custom imprint tickets, shrink wrapping, and UPC labeling with a process similar to Coin- <br /> Tainer's, but do not participate in direct"go-to-market" relationships. Indiana Ticket sells their <br /> products to distributors in the market who then resell the product to the retail market and end <br /> users. This supply chain arrangement keeps them from being price competitive with Coin- <br /> Tainer. <br /> Premier Southern Ticket <br /> One of Coin-Tainer's current external vendors set up with a non-compete on tickets is Premier <br /> Southern Ticket. Located in Cincinnati OH, Premier has the production volume capacity <br /> 9 <br />