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The National Automatic Merchandising Association (NAMA) is the American national trade association of the convenience services industry, including vending, micro markets, office coffee service, and foodservice management. [1] Headquartered in Arlington, Virginia, NAMA represents more than 1,000 member companies, including hundreds of small ...
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The firm began operations in Great Britain in 1965 and expanded to the United States in 1967. The firm invented the electronic vending machine and is one of the largest manufacturers of vending machines in the world. [2] As of 2011, the company operated in over one hundred countries and processed over two billion transactions per week. [3]
Mold-A-Rama is a brand name for a type of vending machine that makes injection molded plastic figurines. Mold-A-Rama machines debuted in late 1962 and grew in prominence at the 1964 New York World's Fair. [1] [2] [3] The machines can still be found operating in dozens of museums and zoos. [4] [5]
Crane Merchandising Systems was founded in 1926 by B. E. Fry, a St. Louis businessman, as the "National Sales Machine Company. [citation needed]" Fry invented a more foolproof vending machine that would only accept coins, unlike older machines, such as the "Smoketeria", a cigarette vending machine, which would accept things such as flat buttons and cardboard discs.
The company's initial funding round came from the used car retailer and finance company DriveTime. [4] A year later Carvana opened its first iteration of a car vending machine. In 2015, a fully automated, commemorative coin-operated version of the signature car vending machine opened in Nashville, Tennessee . [ 5 ]
The company began to expand again into the 2000s, moving its headquarters to Dallas, Texas and taking on the name "Sanden Vendo" to show its thanks and loyalty to the Sanden Corporation. [1] Along with Dixie-Narco, a rival company, Vendo is one of the main providers of vending machines for PepsiCo, particularly in the western United States.
In 2007 ZoomSystems was recognized by Deloitte as the number 2 fastest growing company in Silicon Valley. This was based on 5 year audited financials and the company continued to grow revenues over the following 5 years. Gower Smith handed off CEO responsibility in 2011 and he co-founded Swyft, Inc in 2013.
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