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Standard Change-Makers company history timeline

1955

The new company maintains the family-owned focus and continues the traditions set forth by the McNutt family since 1955.

Since 1955, Standard Change-Makers has been in the business of designing, manufacturing and supporting our currency change machines.

1960

Looks like something you might see on the popular television show “Mad Men”. Here is a late 1960’s advertisement for a tower change machine that could be used for Vending or Parking in a commercial/professional building setting.

1961

A 1961 brochure for the Model 500 was a mechanical change machine allowing customers to insert silver dollar or half-dollar coins, turn the crank and the machine would dispense quarters, or combinations of dimes and nickels – depending upon how the machine was configured when ordered.

1977

McNutt’s oldest son, James R. McNutt, Jr., began working for Standard Change-Makers shortly after his graduation from college in 1977.

1991

In 1991, then-Vice President Jim McNutt, Jr. led the efforts to build a new facility designed exclusively for the company’s needs.

1992

Culminating in early 1992 with a modern 67,000 square foot building to house all of the company’s operations, as well as the Nik-O-Lok Company, and still the present headquarters.

1998

In 1998, Standard introduced the enhanced “System 600-FST” that featured more advanced technology to deal with the growing challenges of fraud and theft facing self-service business owners.

2000

In 2000, Standard introduced the BX “Bill-to-Bill Exchanger” Series in response to the requests from Laundry Card store owners.

2003

In 2003 – the Standard engineers developed our Modular “Smart Hopper” technology that provides a simple-function, low cost solution that the various self-service industries requested.

2006

Jim McNutt, Sr. served as Chairman of the Board until his passing in June, 2006.

2009

Standard started working with the EZ-Pay partners at the 2009 Clean Show.

2010

In 2010, Standard introduced the Guardian XP (GXP) Series of entry stations for Automatic Bays in the Car Wash industry.

2015

The EASYPay solution was purchased by BCC Payments, LLC in 2015, and eventually evolved into the Laundry Boss.

2017

In 2017, Standard Change-Makers introduced the EF+ Module, the third generation of the Expanded Function Module that provides programming, diagnostic and reporting features for the Modular Series machines.

2018

Rob Unterborn, who had been COO since 2018, became President/CEO and Jim McNutt, Jr. became Chairman of Standard Change-Makers.

2019

The dual note MultiMech has an additional 2,000 bills capacity over the Fujitsu F-53 bill dispenser. (Standard introduced the rear load models first, and the front load models would follow in 2019).

2021

2021 – Standard Change-Makers, Inc. was purchased by RKU Standard Incorporated.

2022

©2022 Standard Change-Makers | A Division of RKU Standard Incorporated

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Founded
1955
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Headquarters
Indianapolis, IN
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Standard Change-Makers may also be known as or be related to Standard Change-Makers, Standard Change-Makers Inc and Standard Change-Makers, Inc.