GIC designs and manufactures fully automated bullion counting lines, and undertook its first project in 1996 and since completed a further six projects.

The Lincolnshire-Based company’s latest project is a 20-metre long line that receives bulk coin from a conveyor and then splits the coin into three lanes.

Each lane features coin counters, a primary bagger and a primary GIC check-weigher.

The smaller bags of coin are counted into a larger bag, checked on a secondary GIC check-weigher, before an end-of-line robot transfers the bagged coins into cages.

This latest line can pack up to 270 primary bags per minutes, dependent on the denomination.

The company manufactures a range of vertical bagmakers, and produces finished bag sizes from 150mm to 600mm wide in intermittent and continuous motion variants.

Luke Murphy, director of GIC, said: “We are best known for our work in fresh produce, food and aggregates. But our handling and packaging machines and our engineering expertise are also beneficial to banks operating in the bullion industry. We remove the worry and hassle from our clients by offering a complete turnkey solution, from design and manufacture through to installation and commission. We’ve really enjoyed the last 25 years, and it will be interesting to see how bullion plants are affected by the continued decline in the use of coins.”