USA Technologies, Setomatic Systems Bring NFC Technology to Laundry Market

MALVERN, Pa. — USA Technologies (USAT) has debuted a mobile payments, offers and loyalty program with Softcard that is designed for the commercial laundry market.

Under the program, consumers using Setomatic Systems’ SpyderWash Elite laundry machines, enabled with NFC (near field communication) and SmartTap mobile commerce technology, will receive a 25% discount on purchases made with the Softcard app, the company says.

Former Pro Baseball Player Pitches New Laundromat to Philly

ST. JOSEPH, Mich. — Retired professional baseball pitcher Ernest (Bo) Donaldson has opened the doors to Spin Off Laundry in north Philadelphia, reports Maytag Commercial Laundry.

The Laundromat is part of Donaldson’s “long-term revitalization plan,” Maytag says, to help restore his childhood neighborhood.

Formerly a defunct Laundromat, the 22,000-square-foot building has been rehabbed to include an 8,500-square-foot coin store complete with Maytag Commercial Laundry washers and dryers, and a 1,200-square-foot lounge area for store patrons, featuring coffee and soda machines.

Electrolux to Acquire GE Appliances

STOCKHOLM — AB Electrolux has entered into an agreement to acquire the appliance business of General Electric (GE Appliances), the company reports, for a cash consideration of $3.3 billion.

The deal is structured primarily as an asset transaction, with completion subject to regulatory approvals. The acquisition is expected to close during 2015.

The acquisition also includes a 48.4% shareholding in the Mexican appliance company Mabe with which GE has had a joint venture with for nearly 30 years. Mabe develops and manufactures portions of GE Appliances’ product offering.

Kentucky Store Owner Wins $100K for Writing ‘Success Story’

RIPON, Wis. — Joe Dan Reed, owner of Lexington, Ky.-based Splash ’Em Out Laundromats, is the winner of Speed Queen’s inaugural “My Success Story” essay contest, the company reports.

Speed Queen representatives presented Reed with his $100,000 grand prize in early September. The Alliance Laundry Systems brand reports it has contributed the $100,000 toward Reed’s recent loan for new equipment provided through Speed Queen Financial Services (SQFS).

The EJ Thomas Co. Acquires M&L’s Supply Business

NEW ALBANY, Ohio — The EJ Thomas Co. has acquired the laundry and drycleaning supply business of M&L Supply Co., Akron, Ohio, the companies announced jointly via press release.

M&L, which has served customers with a full line of laundry and drycleaning supplies since 1937, will continue to offer equipment sales, parts and repairs.

Terms of the acquisition were not announced.

EJ Thomas will continue to operate the supply business out of M&L’s Akron warehouse, and will also serve customers in Western Pennsylvania from a Glenshaw, Penn., warehouse.

WASH Subsidiary Acquires Harco’s Multifamily Route Division

EL SEGUNDO, Calif. — Laundry facilities management service company WASH Multifamily Laundry Systems’ subsidiary, Coinamatic Canada, has acquired the multifamily laundry route division of Canada-based laundry service company Harco Co. Ltd., strengthening its presence in the greater Toronto area, the company reports.

“Our acquisition of Harco is another step in our company’s overall growth strategy and will enable us to create greater efficiencies for both our organization and for our customers,” says Adam Coffey, WASH’s president and CEO.

Yankee Equipment Systems Promotes Ristaino to Sales Manager

BARRINGTON, N.H. — Yankee Equipment Systems, a provider of commercial laundry service and sales throughout New England, has promoted Brendan Ristaino to sales manager.

Ristaino will continue to service Yankee’s customers in eastern Massachusetts while taking on the added responsibility of working with vendors and customers to provide up-to-date product and pricing information.

Steiner-Atlantic Welcomes Gonzalez as VP of Coin Laundry Division

MIAMI — Laundry equipment distributor Steiner-Atlantic Corp. has added industry veteran Robert Gonzalez to its staff as vice president of its Coin Laundry Division, the company reports.

Gonzalez specializes in training and helping his customers successfully learn to operate their business, save on overhead expenses and maximize revenues, Steiner-Atlantic says.

Fall Brings Calendar Full of Distributor Special Events

CHICAGO — The arrival of fall will mean a calendar full of opportunities to attend distributor special events and open houses. Here is a brief rundown of events through November reported to American Coin-Op — call for registration information.

Sept. 9 — Lakeside Laundry New Investor Seminar, Bedford Heights, Ohio; 866-971-1010

Sept. 10 — Garment Machinery Open House & Equipment Sale, Dedham, Mass.; 866-971-1010


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