The US-based cash management product company APG Cash Drawer announced investment of $1m in automation at its European headquarters and factory in Newhaven. The new manufacturing technology signifies APG’s commitment to quickly deliver the latest cash drawers to retailers in Europe and beyond.
APG Cash Drawer has in a new Salvagnini P4 Lean Panel Bender providing automated setting and folding of steel to produce cash drawer parts at its EMEA plant. Phil Gibbs, Director of Operations, said: “The advances in the technology of Salvagnini machines have now enabled us to bend and form parts much faster for our bespoke and general application cash drawer models ensuring our customers in Europe and beyond receive their orders quickly and efficiently.”
The installation of the machine was completed in March and the first production ran in April. APG says that it’s dedicated to using the new technology for as many different cash drawers as possible for increased throughput. Mr Gibbs added: “We are truly excited about the new machine as it provides a new scale of lean manufacturing opportunities for us. It will increase our capacity but more importantly it will reduce our lead-time to market to meet or exceed our customers’ delivery expectations.”
And Andrew Carr, MD at APG EMEA, said: “The new machine will expand our technical capabilities and will play an integral role as we enter the next chapter in our journey to be our customers’ best and preferred choice in cash management systems.”
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