Cash Technologies, Inc. · Los Angeles, CA United States ·(NYSE Alternext: TQ)
Company Description
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This link will open in a new window Cash Technologies got its sweet ride back. The company in 2006 sold its Tomco Auto Parts (now named TAP Holdings) subsidiary to Champion Parts and focused on payment services and stored value payment cards. Two years later, Cash Technologies bought Champion's assets when that company filed for bankruptcy protection. The company is now rebuilding the auto parts business (primarily remanufactured fuel systems) and has gained back some of the country's largest auto parts retail customers. Its Claim-Remedi subsidiary still provides health care reimbursement services. As a result of the restructuring, though, Cash Technologies terminated the operations of its CashTechCard (corporate reimbursement cards) subsidiary. To read the full description, subscribe now.
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Key Cash Technologies, Inc. Financials
| Company Type | Public - NYSE Alternext: TQ Headquarters |
| Fiscal Year-End | May |
| 2008 Sales (mil.) | $0.3 |
| 2008 Employees | 32 |
Cash Technologies, Inc. Executives
8 executives listed for Cash Technologies, Inc.'s Los Angeles, CA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Bruce Korman | Network |
| CFO and Secretary | Edmund King | Network |
| CTO | Darryl Bergman | Network |
Competition
Competitive Landscape for Cash Technologies, Inc.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Cash Technologies, Inc. Competitors
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