Bourse Express – 100 million transponders produced in Mississauga, Canada

• Automatic non-stop toll payment for road users
• Kapsch TrafficCom is proud of over 40 years
  Employer History in Canada

On June 6, the Kapsch TrafficCom production facility in Mississauga, Ontario celebrated the 100 millionth transponder unit rolling off the production line.

RFID transponders enable automatic toll payment without stopping at the toll station, thereby reducing emissions and travel time for users. The transponders will be used for automated toll payments under programs such as EZ-Pass and the 407 Expressway in Ontario and are an important part of global traffic technology provider Caps TrafficCom’s offering.

“Each transponder enables easy toll payments without stopping at toll booths, meaning 100 million transponders have saved drivers millions and millions of hours,” commented Dan Twohey, SVP of Sales, Manufacturing and Business Development at CapsTraffic.com Of. “I am extremely proud that our components make life easier for millions of road users every day, and equally proud of our excellent safety record and quality standards. But most proud of us are our incredible employees, many of whom join us. We’ve been with us for over 30 years. It’s truly a win-win for the entire workforce, facility and community we’ve been a part of since day one,” Dan Twohey continued.

George Capsch, CEO of Caps Traffic.com, says: “As a family business, community is a key element of the Caps Traffic.com culture. This milestone symbolizes the partnership with all partners in Mississauga, as well as with the city and its citizens. , a partnership that we hope will continue for many years to come.”

Established in 1978, the plant was initially set up under the then ownership of Ferranti-Packard and produced electronic displays. Demonstration production continued under owner Mark IV, who took over the company in 1990, until Caps Trafficcom acquired the Mark VI IVHS in 2010 and switched the factory to produce a variety of modern traffic management equipment. Gave.