CONTROLTEK Launches First-Ever 90%
Post-Consumer Recycled Tamper-Evident
Cash Deposit Bag
Bridgewater, N.J. (November 8, 2022)
CONTROLTEK, the
global leader in tamper-evident cash security solutions, launches the first and
only 90% post-consumer recycled (PCR) tamper-evident cash security bag -
EcoLOK4.
"For nearly half a century we've been helping the nation's leading banks,
armored couriers, and retailers transport cash safely and securely. As we
evaluated our environmental impact, we realized that the industry would not be
able to eliminate single-use cash deposit bags but knew there had to be a more
sustainable way to transport cash," said
Rod Diplock,
chief executive officer at CONTROLTEK.
"The film used to make EcoLOK4 is comprised of 90% PCR plastic. This is the most
ecofriendly cash deposit bag on the market without compromising security or
durability," said
Brian Diplock, vice president of strategic sourcing and product development
at CONTROLTEK. "This is a game changer for the industry as it allows businesses
to remain confident in the security of their cash in transit while reducing the
environmental burden of their cash handling operations and ultimately protecting
our planet."
"Unlike traditional plastic deposit bags that use post-industrial recycled
plastic created from excess scrap plastic produced in the manufacturing process,
we repurpose plastic waste created by consumer households and businesses, to
make the EcoLOK4, said
Tom Meehan,
president at CONTROLTEK. "With this new tamper-evident bag we reduce the amount
of virgin plastic used, lowering our industry's carbon footprint, and helping
our financial institution and retail partners achieve their sustainability goals
by closing the loop in reducing waste, preventing pollution, and conserving
natural resources."
For more information about and to request a sample of CONTROLTEK's new EcoLOK4
tamper-evident cash deposit bag, visit
CONTROLTEK's website or contact a CONTROLTEK sales representative at
sales@controltekusa.com.
About CONTROLTEK
CONTROLTEK is a global
leader in tamper-evident security packaging, retail asset protection and RFID
solutions. The company's line of inventory protection and visibility solutions
helps financial institutions, government agencies, and retailers protect their
assets better and run their operations more efficiently. As a company with a
history of stable growth and a reputation for strong customer focus, CONTROLTEK
continues to deliver on its mission every day: to provide solutions that protect
and to always deliver on their promises.