Sign up for the PlasticsToday NewsFeed newsletter.
Chip molder GPI bets on vertical integration, acquires moldmaker
Gambling chip manufacturer Gaming Partners International (GPI; Las Vegas, NV) now has internal moldmaking capabilities through the acquisition of the moldbuilding assets of the French firm OMC Sarl and its subsidiary OMC Industries (OMC).
April 7, 2011
1 Min Read
Gambling chip manufacturer Gaming Partners International (GPI; Las Vegas, NV) now has internal moldmaking capabilities through the acquisition of the moldbuilding assets of the French firm OMC Sarl and its subsidiary OMC Industries (OMC). GPI says the deal gives it greater control over its entire chip-manufacturing process while maintaining "the highest internal standards of gaming currency manufacturing security."
injection molded gambling chips.
GPI has worked directly with OMC for more than 20 years, according to GPI's president and CEO, Gregory Gronau, who said that having "direct access to the equipment necessary to produce high-precision molds will enhance our existing chip production process."
Gronau said that this deal is part of a broader strategy, which has recently included an acquisition and licensing agreement related to RFID patents and technologies, as it works to extend its direct control over the production of its core currency products. GPI injection molds casino currency such as chips, plaques, and jetons, under the brand names of Paulson, Bourgogne et Grasset, and Bud Jones. GPI claims to have pioneered the use of security features such as RFID technology in casino chips, and it now provides RFID tech including chips, readers, and displays.
The company was created by joining three of the world's leading gaming suppliers: Bourgogne et Grasset (B&G), Paulson Gaming Supplies, and The Bud Jones Company. The company's current structure came about in 2002 through a reverse merger between Paulson Gaming and B&G Partners International Corp. The company has manufacturing plants in Las Vegas, Mexico, and France.
You May Also Like
Breaking News in Flexible Packaging February 2024Feb 27, 2024|2 Min Read
Leaving the Automotive Sector Was the Best Decision This Custom Molder Ever MadeFeb 27, 2024|3 Min Read
New Awards Program Celebrates Sustainable PackagingFeb 26, 2024|1 Min Read
Bioplastics News StreamFeb 26, 2024|2 Min Read