Being discussed in the latest vending news is the unfortunate passing of vending machine entrepreneur Roger Folz, co-founder of Folz Vending. He passed away on April 29 2014 at the ripe age of 86 after serving in the vending industry for 65 years. In 1949, Folz and his brother parlayed $600 and one machine into a vending empire that would become the first national bulk vending company. At one time, Folz Vending operated 170,000 machines located throughout the U.S. and Canada as well as business offices in both countries. In 2003, the company was sold to American Coin Merchandising Inc. which soon afterward became a part of Coinstar.
Folz was a former president of the National Bulk Vendors Association, a proponent of tax reform and an avid supporter of charitable organizations. (source)