This inventor holds 1 USPTO granted patent. Top assignee: Cummins-Allison Corporation. Active years: 2024.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2024
Title: Douglas Guarascio: Innovator in Banknote Strapping Technology
Introduction
Douglas Guarascio is an accomplished inventor based in Naperville, IL (US). He has made significant contributions to the field of banknote handling technology. His innovative designs have led to the development of a unique banknote strapping device.
Latest Patents
Guarascio holds a patent for a banknote strapping device and methods. This device features a banknote floor that moves generally parallel to a first linear direction from a floor home position to a floor strapping position. The banknote cradle has a cradle stacking position, and a plunger assembly with an anvil is designed to move the anvil parallel to the first linear direction. When a predetermined number of banknotes are stacked, the device efficiently transfers the stack to the strapping position, where the banknotes are securely strapped.
Career Highlights
Douglas Guarascio is currently employed at Cummins-Allison Corporation, where he continues to innovate in the field of banknote processing. His work has been instrumental in enhancing the efficiency and reliability of banknote handling systems.
Collaborations
Throughout his career, Guarascio has collaborated with notable colleagues, including John H Daniel, III and Carl James Sarro. These partnerships have contributed to the advancement of technology in the banking sector.
Conclusion
Douglas Guarascio is a notable inventor whose work in banknote strapping technology has made a significant impact. His innovative solutions continue to shape the future of banknote handling systems.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile