LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group, a global leader in financial and commercial card production and related services, announced today that the company has expanded its EMV chip milling and embedding capabilities by over 100 percent in the U.S. to support its customers in the market migration from magnetic stripe cards to EMV chip cards.
CPI’s expansion, which includes additional state-of-the-art equipment for milling and embedding EMV chip cards, deepens the production capacity and strengthens CPI’s established EMV market leader position in the U.S. This strategic investment to grow EMV capabilities will continue through 2013 to meet the increasing demands of its customers and financial card issuers throughout the EMV migration process.
"We continue to support and anticipate the needs of our customers in the achievement of their business goals through the development of our products, services and resources,” said Steve Montross, president and CEO of CPI Card Group. “The migration to EMV in the U.S. is unprecedented in terms of size and scale. With our deep understanding and experience in EMV and the U.S. financial card market, we are able to support our customers both in terms of our robust solutions, as well as timely delivery with first-class service.”
About CPI Card Group
CPI, a global leader in financial, commercial and identification card production and related services, offers a single source for cards and other form factors, from financial and gift to EMV chip and mobile, and personalization and fulfillment services. CPI offers the largest secure and commercial production network in North America and the UK. CPI's production sites include: Denver, Colo.; Fort Wayne, Ind.; Las Vegas, Nev.; Minneapolis, Minn.; Colchester, England; Liverpool, England; Petersfield, England and Toronto, Canada. CPIs’ plants in Colo., Nev., Ind., Canada and Liverpool are ISO 9001 certified. For more information, visit www.cpicardgroup.com.