Cummins Allison Corp. is a company which creates currency handling and coin handling systems, including currency and coin counting machines. Its products are primarily used by

bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

s and

casino A casino is a facility for gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shops, cruise ships, and other tourist attractions. Some casinos also host live entertainment, such as stand-up comedy, conce ...

s for counting and sorting

money Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: m ...

. Cummins Allison was created in 1887 in

Mount Prospect, Illinois Mount Prospect is a village in Cook County, Illinois, United States. It is part of Elk Grove and Wheeling townships, about northwest of downtown Chicago and approximately north of O'Hare International Airport. As of the 2020 census, the vill ...

. It is the only U.S. owned and operated manufacturer of coin and currency handling, but also has offices in

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

and the UK. In June 2012, Cummins Allison was rated the third most innovative company in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

based on number and quality of

patent A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an sufficiency of disclosure, enabling discl ...

s.
At December 31, 2019 the company had been acquired by Crane Payment Innovations (CPI).

Notes

Manufacturing companies based in Illinois {{US-manufacturing-company-stub