TRM Company Description
TRM Corporation traded in paper for plastic. Originally in the photocopier business, the company expanded into the ATM (automatic teller machine) business, partially through the 2004 acquisition of 15,000 ATMs from eFunds Corporation. The company now offers supermarkets, convenience stores, malls, pharmacies, restaurants, and other retailers in the US the chance to increase foot traffic and consumer impulse buys by providing the convenience of ATMs to their customers. TRM sells or rents the machines and provides maintenance and processing services to major merchant customers, such as The Pantry (25% of sales) and Cumberland Farms (more than 10% of sales).
View the Comprehensive Company Description for TRM
The Company Description provides a historical perspective of TRM's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of TRM's evolution in the marketplace.
