Atlantic Tool & Die was founded in 1937 by four European immigrants with a dream. From modest beginnings as a small tool shop in Ohio, to becoming one of the forefront metal stamping providers in the world, ATD’s presence has expanded to numerous locations across the nation and the world. Their mission, to exceed their customer’s expectations in every aspect, has become a cornerstone in their company and has spurred their growth throughout the past 80 years.
Meridian’s lease program has made it simple for ATD to order, receive, and implement equipment when they need to refresh equipment. Meridian’s refurbished equipment offering allowed ATD to replace their entire warehouse equipment for half of the cost. ATD has significantly reduced its spending on IT and forklifts because of Meridian’s options and expertise. They now have access to modern technology so they can deliver an incredible customer experience.
Meridian is so much more than a leasing company.
Eric Kress
Chief Information Officer
The rebound of the US economy caused a spike in demand for ATD’s products which in turn required them to increase their global data center capacity and refresh their data centers in China and Mexico. ATD was also burdened with high equipment maintenance costs as their forklift fleet was starting to age and break down. ATD needed a partner that could refresh its global data center and entire forklift fleet cost-effectively.
Meridian was instrumental in architecting a refresh program, giving guidance on technology and financing options, and negotiating with ATD’s suppliers to get the equipment for the lowest possible price.
Meridian visited each of ATD’s facilities to fully understand the challenges they were facing and the objectives they were trying to accomplish. Meridian presented ATD with multiple solutions to control costs; one of which using refurbished forklifts instead of new ones.
Working with Meridian has been refreshing and their expertise and services are the reasons we value our partnership with Meridian. Meridian brings true value to the table as a leasing partner.
Erik Kress
Chief Information Officer