Richard M. Geerdes, NCE, president and CEO of the National Automatic Merchandising Association (NAMA), offered NAMA's support of H.R. 5512, the Coin Modernization and Taxpayer Savings Act of 2008. NAMA was invited to appear before the House Subcommittee on Domestic and International Monetary Policy, Trade and Technology by Rep. Luis V. Gutierrez, D-Ill., committee chairman.
In his testimony on behalf of NAMA's members nationwide, Geerdes explained that H.R. 5512 is important because in its current form it provides two key benefits. First, it keeps costs down for the customers who use the country's vending machines, …
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