From left, Coining Project Relo team members Charlie Italiano (Engineering Manager), Gary Holcomb (CEO), Pete Pachella (Vice President – Manufacturing), Larry Monterulo (Project Engineer), Joe Speranza (Project Engineer), Wes Waskiewicz (Systems Administrator) and Walter Cichra (Maintenance Engineer)
October 22, 2010
Coining, Inc. announced today that it has commenced full operations of its new domestic manufacturing facility and headquarters at 15 Mercedes Drive in Montvale, New Jersey USA. The company has completed moving all of its employees and equipment formerly located at sites in Armonk, New York and Saddle Brook, New Jersey.
"We are very proud of our new facility," says Gary Holcomb, Coining's CEO who worked full-time on the relocation project. "This plant will be the cornerstone of our manufacturing capabilities for many years and will allow us to serve customers even better than before."
"Coining completed the entire construction build-out and relocation process in less than five months," explains Engineering Manager Charlie Italiano who along with Pete Pachella, Vice President – Manufacturing, directed the complicated disconnection, relocation and recommissioning of hundreds of pieces of equipment. "The actual relocation of our equipment and people was completed on schedule in six weeks."
"The advantages to us in having everything under one roof are huge," adds Pachella. "In particular, we will be able to maintain and even improve upon our already short lead-times despite having grown significantly in the past few years."
In addition to its new Montvale facility, Coining also operates manufacturing plants in Penang, Malaysia and Casablanca, Morocco. Initial employment in Montvale is about 130 and could rise to over 150 during the next five years.
Coining, Inc. is the largest manufacturer of gold tin and other solder and brazing preforms worldwide and a leading producer of bonding wire and ribbon, jumper chips, bonding pads, tabs, heat sinks, lead frames, solder spheres and cover assemblies for microelectronics packaging and assembly. The company supplies more than 1,000 customers in over thirty countries.
Coining's Gary Gordon (Sales), Joseph St. Louis (Inventory/Production Control) and
Jose Vega (Stamping) at work in the company's new Montvale, NJ facility.
For more information about Coining, please visit www.coininginc.com or email sales@coininginc.com.
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