FOR IMMEDIATE RELEASE:
November 27, 2023 

Contact: Tom Westerman
Vice President – Marketing
tom.westerman@vesolutions.co 

VE Solutions Announces Relocation to Maple Heights

[Cleveland, OH] - VE Solutions (Formerly "Vendors Exchange International"), one of the nation's category leaders in vending and micro market solutions, announces relocation of the company headquarters to Maple Heights. This relocation comes at the tailwind of multiyear double-digit growth. It aligns with VE Solutions long-term vision of expanding into more vending verticals while continuing to serve the core remanufacturing business. The expansion will relocate 70 personnel and increase total headcount by over 5% in the next year.

In addition to the Corporate Office, a portion of the manufacturing team will also move to Rockside Rd and occupy both the first and second floors. The building is currently under extensive remodeling but will feature a 37x22' interactive showroom and a fully equipped innovation lab to be run by Steve Frackowiak, Vice President of Engineering.

Core functions of the remanufacturing business will remain at the Brookpark Rd location, with plans to re-evaluate current layout plans to optimize production times. Brookpark will also undergo cosmetic refreshes and continue to attract and retain local Cleveland talent at the facility.

"We are beyond excited about this expansion into the Maple Heights community." Said Matt Shene, Chief Executive Officer of VE Solutions. "While we recognize relocations may come with logistical constraints on our team members, we are fully committed to retaining all current positions and adding new jobs between both facilities."

Earlier this year, VE Solutions rebranded from Vendors Exchange International and debuted the V3 kiosk alongside the M2, which will hit the market this winter. While rooted in vending parts and remanufacturing, the 64-year-old Cleveland-based vending solutions provider has scaled to offer tech solutions in the unattended retail space.

"The expansion to Rockside Rd and innovation lab will equip engineering, software, and product teams with the right tools needed for development when it comes to our kiosk and other technology solutions." Said Matt Shene.

About VE Solutions: VE Solutions is a Cleveland-based company that provides partners with innovative solutions within the total unattended retail space. From kiosks to coolers, vending machine doors, and parts, VE offers equipment and software to meet its customer's unique business objectives.