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Todd Rice, director of Financial Services at Alliance Laundry Systems, offers his insights to the vended laundry industry in a question-and-answer story on the American Coin-Op Web site. In the interview, Rice weighs in on the state of the coin laundry business and pieces of the Economic Stimulus Act of 2008 that could be of particular benefit for owners of coin laundries as well as new investors.

Rice says various elements, including the 2008 tax incentives, could signal perhaps the best time in recent years to expand or upgrade vended laundries. He's also quick to point out that to take advantage of tax benefits, owners must put new equipment into service in 2008.

Alliance's finance department is the leader in financing commercial laundry equipment, investing more than $1 billion into commercial laundry projects. Rice is a certified public accountant and has an MBA from Marquette University.

To read the full article, visit http://www.americancoinop.com/article.cfm?articleID=17695.