Industry Leaders in Cash Recycling Technology Join Forces
Arca and CTS Cashpro combine operations in the USA
MEBANE, N.C. (September 20, 2010) – ARCA and CTS Cashpro announced today that they have joined forces in the USA to be closer to their customers. These two world leaders in cash automation complement each other with unique strengths and expertise that will provide their customers with an unprecedented level of service and support in the US market.
ARCA, a US based company, is the supplier of cash devices to customers in banking, retail and self-service. CTS Cashpro, headquartered in Italy, is a research and development company that focuses exclusively on cash recycling technology. CTS Cashpro was one of the first companies to develop cash recyclers and today is one of the top manufacturers in the world.
Both companies agree that the partnership is good news for customers who now have direct access to the latest advancements in cash recycling. The partnership will also allow for direct input from customers on new product developments for the unique US market.
"Having CTS here allows us to streamline the delivery of value to our customers," says Mort O'Sullivan, president and founder of ARCA. "We are very pleased that our relationship, which began over a decade ago, has grown to this level."
Biagio Calo, president of CTS Cashpro, says, "We've chosen to work with Arca because they share our commitment to quality and service, as well as a history of innovation. Financial institutions in America will benefit from our combined experience and expertise."
As part of the new combined structure, ARCA and CTS Cashpro will be moving into new facilities this year. The new facility, located in Mebane, NC, will house a new solutions demo center designed for collaboration with customers and will provide space for expanded services to North American companies.
ARCA’s solutions help people control and streamline cash operations in financial institutions, retail stores, and self-service kiosks around the world. We develop technology and services that make transactions simpler, more efficient and more secure. Visit arca.com for more information.
About CTS Cashpro
The world's largest manufacturer of teller cash recyclers. Since 1996, our cash processing solutions have helped banks and retailers worldwide manage their cash transactions more efficiently, cost-effectively, and with total security. CTS Cashpro and their partners are market leaders across the world. For more information, contact firstname.lastname@example.org or visit www.ctsgroup.it.