Coin-O-Matic to Hold Bonus Depreciation Webinar, Announces Financing Offer
Coin-O-Matic, based in Alsip, Ill., is teaming up with Tony Fremarek, the owner and founder of A Fractional CFO, to present a webinar on bonus depreciation at 10:00 a.m. on October 29. Bonus depreciation is a tax incentive that enables laundromat owners to deduct up...
Marking a Milestone
PlanetLaundry Celebrates 30 Years of Industry Service The inaugural issue of the Coin Laundry Association’s official publication hit laundry owners’ mailboxes for the very first time in October 1990. That’s right – exactly 30 years ago. Back then, the magazine was...
Delaware Store Owners Receive Large Investment Rebate
Delaware Gov. John Carney, Delaware State Housing Authority Director Anas Ben Addi, local legislators, town officials and members of the business community recently celebrated the grand opening of Splash Laundromat – and presented owners Enrique and Veronica Nunez...EVI Industries to Acquire Yankee Equipment Systems
EVI Industries Inc., headquartered in Miami, has executed a definitive merger agreement to acquire commercial laundry distributor Yankee Equipment Systems Inc., based in Barrington, N.H., for $13.5 million, to be paid in a combination of cash and EVI common stock. The...
Lawmakers Introduce Coin Composition Legislation
U.S. Senators Mike Enzi (R-Wyo.) and Maggie Hassan (D-N.H.) have introduced bipartisan legislation to allow the U.S. Mint to adjust the metal content of circulating coins in an effort to save taxpayer dollars. The Mint estimates that, by adjusting the metal content of...ESD, Cents Announce New Partnership
Payment systems provider ESD recently teamed up with Cents, a business management software company. Through this partnership, laundromats that currently feature ESD’s card reader equipment now have access to the Cents operating platform – with a no-cost delivery...Star Distributing Names Vice President of Sales
Star Distributing – headquartered in Nashville, Tenn. – has named John Herron vice president of sales. In his new position, Herron will be responsible for the company’s sales efforts within the vended laundry and OPL segments. He will serve operators in Tennessee,...
PlanetLaundry Podcast, Episode 12: Knowing Your Audience is the Key to a Strong Advertising Message
In this episode you will hear from PlanetLaundry columnist Stephen Bean in his series of articles “The Business Mind”. You can read the full story entitled “Knowing Your Audience is the Key to a Strong Advertising Message” in the October 2020 edition of the...Girbau Mexico Names New General Manager
Girbau – headquartered in Vic, Spain – has appointed Ramiro Gordillo as general manager of the company’s subsidiary in Mexico. With this appointment, Girbau has strengthened its management team in Mexico to help drive its growth in the country and continue its...
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