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CPI Card Group expands production facility

Thursday 11 April 2024 13:43 CET | News

US-based paytech CPI Card Group ha announced the construction of anew manufacturing facility in Fort Wayne, Indiana, US.

 

CPI is a payments technology company providing a range of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service (SaaS) instant issuance. This new, which will be built in Fort Wayne, Indiana, US, exemplifies CPI's commitment to meeting the evolving needs of its customers and driving innovation in the payments technology industry.

CPI Card Group ha announced the construction of anew manufacturing facility in Fort Wayne, Indiana, US.

Key highlights of the new facility include:

Digital integration and automation: A digital factory enables streamlining data and equipment management, boosting productivity, and allowing CPI to maintain high quality production standards. The planning for this new building will include new software and automations such as co-bots (collaborative robots), conveyor systems, and inline production;

New equipment: New equipment will enable the augmented on-brand capabilities for quality, efficiency, and speed to market. Floor layout and material flow will be optimised. Coupled with process automations, a connected workforce can streamline tasks and improve throughput. These enhancements will be made without impact to existing employees' roles.

Environmental sustainability: CPI is committed to reducing its environmental impact and has incorporated several sustainability initiatives into their business strategy. The new facility presents an opportunity to maximise efficiency and minimise waste within their operations and day-to-day activities. They are also exploring renewable energy alternatives and LEED certification.

What does CPI Card Group do?

CPI Card Group is a payments technology company providing a comprehensive range of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service (SaaS) instant issuance. With a focus on building personal relationships and earning trust, it helps its customers navigate the constantly evolving world of payments, while delivering innovative solutions that spark connections and support their brands.


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Keywords: credit card, debit card, SaaS, Issuer, paytech
Categories: Payments & Commerce
Companies: CPI Card Group
Countries: United States
This article is part of category

Payments & Commerce

CPI Card Group

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