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News & Events

Recent PSI Projects:

PEOPLES BANK OF CHINA – SHANGHAI (PHASE 1)
PSI has completed the design of the world’s largest Cash Management Center in Shanghai. The overall site design includes automated and manual vaults, cash distribution, processing and destruction operations, truck and railroad paying and receiving, and an office/hotel tower. The complete facility will store over 45,000 pallet and container loads of banknotes and coin. PSI’s responsibilities on the project include development of the site master plan; building program development; layout of all facilities; physical and electronic security systems design; material storage, handling and control systems design; cash management systems design; and the design of data/telecommunications and audio-visual systems. The first phase of construction was completed in 2006, and the second phase is scheduled to be completed in 2009.

FEDERAL RESERVE BANK OF KANSAS CITY – KANSAS CITY, MO
PSI participated in the design of a new headquarters building project for the Kansas City Federal Reserve Bank. PSI designed the Cash and Check operations in the new building, including all materials storage, handling and control systems. PSI also had major responsibility for the design of the secure and general delivery dock areas, the security screening building, and other aspects of the vehicular traffic to and from the new facility. The facility construction was completed in early 2008.

FEDERAL RESERVE BANK OF PHILADELPHIA - PHILADELPHIA, PENNSYLVANIA
PSI designed a new receiving/shipping dock area for checks, general deliveries, and mail. The check receiving system includes X-ray screening systems, dispatch exchange lockers, and conveyor systems to support check consolidation in the existing Philadelphia office. PSI also supported the development of new check operations layouts and systems to allow doubling of check processing volume at the facility. The new areas became operational in 2007.

CENTRAL BANK OF KUWAIT – KUWAIT CITY
PSI has completed the design work on the new headquarters building for the Central Bank of Kuwait. The building will be 42 storeys in height, and will include the latest technology in security systems and cash operations layout and automation. The facility has been designed with a fully automated vault to store the currency efficiently and securely and it will be equipped to handle automated delivery of valuables to and from the docks, banking hall, and processing areas. PSI also designed the general delivery and secure vehicle screening areas and loading dock areas of the building, and participated in the overall site plan development. Multi-level support for securely moving materials is incorporated into an integrated system within this high security facility. Construction of the new facility was started in 2007.

NOAA NATIONAL WEATHER SERVICE – KANSAS CITY, KS
PSI has developed the material handling system concepts, building program, flow diagrams, facility layouts and specifications for construction of a new 100,000 square foot distribution warehouse and reconditioning center. The facility incorporates many advanced concepts including energy efficiency features to qualify as a LEED Silver facility.

FEDERAL RESERVE BANK OF ATLANTA - ATLANTA, GA
PSI designed new cash processing rooms, Paying/Receiving rooms, and supporting areas to allow expansion of the Atlanta cash operations and the addition of two new Automated Guided Vehicle (“AGVS”) vehicles and two new automated currency processing machines. The expansion of the cash area was completed in 2007.

BANCO DE LA REPUBLICA DE COLOMBIA – BOGOTA, COLOMBIA
PSI designed and helped with the implementation of a combined new currency printing and Treasury facility for the Banco de la Republica de Colombia. The new facility combines the banknote printing, issuing, returned banknote and coin, currency processing, and distribution operations into one highly efficient facility in Bogota. The facility utilizes AS/RS vault equipment, AGVS, conveyors, pushback racks and other automated and semi-automated systems for storage, handling and control. The facility incorporates a very high level of security, but also provides an efficient and attractive working environment for the employees.

BANK OF CANADA – MONTREAL AND TORONTO, CANADA
PSI developed new concepts to improve efficiency in cash processing operations at the Montreal and Toronto facilities assisted in developing and implementing a new operations strategic plan for the next 10-15 years

CAYMAN ISLANDS MONETARY AUTHORITY – GRAND CAYMAN, BWI
PSI has completed the design of a new cash center for the Cayman Islands Monetary Authority in Grand Cayman. The new high-security facility is part of a major new building project for the Cayman Islands Government. PSI has developed the complete layout for the secure cash docks, the paying and receiving operations, currency processing and destruction, the vault operations and all supporting operations for the new cash operations facility. In addition PSI has developed the overall security specifications and requirements for the entire Cayman Islands Government facility and the site. The facility is currently under construction and will be completed in 2009.

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