by Editor | Jul 25, 2019 | Industry News
LG Electronics will be the lead investor in a Series A equity financing for Washlava, a Tampa-based company that has brought its cashless mobile technology to the laundry industry. Terms of the financing, including how much will be invested, has not been disclosed....
by Editor | Jul 24, 2019 | Industry News
Evans Express Laundry Center in Evans, Colo., recently hosted a grand opening celebration – complete with wash and dry promotions, food, and giveaways. The store’s customers and local business owners attended this event, with the first 50 people through the door...
by Editor | Jul 18, 2019 | Industry News
American Changer Corp. has finalized an asset purchase agreement with Triad Design Group Inc., a manufacturer of self-service money changers serving a variety of industries. Triad’s culture of providing high-quality products and services, as well as developing...
by Editor | Jul 18, 2019 | Industry News
Caldwell & Gregory – a provider of laundry service programs to the college market headquartered in Richmond, Va. – recently announced its partnership with Equipment Marketers, based in Cherry Hill, N.J. C&G, which has served the laundry market for nearly 30...
by Editor | Jul 18, 2019 | Industry News
Laundrylux recently acquired Direct Machinery Corp., based in Hicksville, N.Y., and led by CEO Ron Hirsch. “Direct Machinery has represented Milnor and Chicago Dryer commercial laundry machinery with distinction for many years, serving diverse institutional customers...
by Editor | Jul 11, 2019 | Industry News, Highlights
Self-Service Laundry Retains Tax Exemption The recent $43.4 billion budget bill passed by the Connecticut General Assembly includes a number of changes to the Connecticut tax laws, including an expansion of the sales tax base to include new services. Fortunately,...