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American Coin Merchandising history
American Coin Merchandising company history timeline
The SugarLoaf Treasure Shoppe came along in 1994 and, for a play price of 50 cents, dispensed jewelry, watches, bolo ties, and belt buckles.
In 1994, total profit for the company was $1.1 million.
When Lapin became chairman in 1995, he brought all the companies under one roof and took the company public, raising net proceeds of $10.1 million. It was reincorporated in Delaware in 1995.
Business Week named American Coin Merchandising number 54 in its list of Hot Growth Companies for 1997, based on its three-year results in sales growth, earnings, and return on invested capital.
Romero, Christine L., "Boulder, Colorado-Based American Coin Grabs 'Hot' Listing," Daily Camera (Boulder, Colorado), June 19, 1998.
As it entered 1999, American Coin Merchandising expected to acquire at least four more companies and had its sights on another ten to 12 related businesses.
By June 2001, the company's fortunes seemed to be turning around.
"Wellspring Acquires American Coin," Buyouts , September 24, 2001, item 1274006.
——, "Louisville-Colo.-Based Vending Machine Company to Buy New York-Based Outfit," Daily Camera (Boulder, Colorado), March 18, 2003.
Batsell, Jake, "Coinstar Banks on Amusement," Seattle Times , May 25, 2004.
——, "Wellspring Flips American Coin," Daily Deal, May 25, 2004.
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Zippia gives an in-depth look into the details of American Coin Merchandising, including salaries, political affiliations, employee data, and more, in order to inform job seekers about American Coin Merchandising. The employee data is based on information from people who have self-reported their past or current employments at American Coin Merchandising. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by American Coin Merchandising. The data presented on this page does not represent the view of American Coin Merchandising and its employees or that of Zippia.
American Coin Merchandising may also be known as or be related to AMERICAN COIN MERCHANDISING INC and American Coin Merchandising.