OTTAWA, Aug. 21, 2013 /CNW/ - The Royal Canadian Mint is pleased to
announce that it has been awarded a contract from the Royal Thai Mint
in Bangkok, Thailand to produce 200 million nickel-plated steel blanks
for its 1-Baht circulation coin. These blanks will be among the first
to be produced at the Mint's newly expanded, state-of-the-art Winnipeg
plating facility.
"An industry leader and innovator focused on delivering the best quality
and value to our customers, the Mint is pleased to continue the
relationship we have enjoyed with the Royal Thai Mint since 2004," said
Ian E. Bennett, President and CEO of the Royal Canadian Mint. "We are
extremely proud that our newly expanded plating facility, among the
most modern in the world, is providing us the opportunity to
effectively compete globally in the minting industry."
Officially opened in June, the 70,000 square foot expansion of the
Mint's Winnipeg facility adds new plating capacity to support growth
anticipated from the execution of foreign circulation coin contracts
with customers from dynamic economies seeking the Mint's advanced
coinage solutions. The growth of the Mint's foreign business is a key priority as the
Corporation pursues its objective to own 15 percent of global market
share by 2020.
The Mint offers foreign customers a full spectrum of coin manufacturing
and consulting services; from the production of circulation numismatic
coins; ready-to-strike blanks; medals, medallions and tokens; to coin
distribution management, marketing and communications, and technology
transfers. Since opening in 1976, the Mint's Winnipeg facility has
produced circulation coins and blanks for over 75 countries.
About the Royal Canadian Mint
The Royal Canadian Mint is the Crown Corporation responsible for the
minting and distribution of Canada's circulation coins. An ISO
9001-2008 certified company, the Mint is recognized as one of the
largest and most versatile mints in the world, offering a wide range of
specialized, high quality coinage products and related services on an
international scale. For more information on the Mint, its products and
services, visit www.mint.ca.
SOURCE: Royal Canadian Mint
Christine Aquino
Director, Communications
Telephone: (613) 993-9999
aquino@mint.ca
Copyright CNW Group 2013