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Great Lakes Caster Completes Acquisition of Atlantic Caster October 1, 2013

Thursday, October 24, 2013

Great Lakes Caster (GLC) announced it has completed the acquisition of Atlantic Caster, which is headquartered in Richmond (Ashland), VA. Atlantic Caster will operate under the name CasterDepot as a division of Great Lakes Caster. Since 1990, Atlantic Caster has been a trusted and leading distributor of casters and wheels supporting the Virginia, Maryland and North Carolina markets.

“Atlantic Caster’s dedication to providing the best service and products to its customers will be a huge asset to the GLC / CasterDepot family,” said Jason Popma, President of Great Lakes Caster. “Their customer centric values match ours, making this an easy marriage. This acquisition expands our local presence in our distribution business. Being part of our local communities has been a key to our success."

“We are excited to join GLC / CasterDepot and bring new resources to our local market,” said Danny Turnbow, President of Atlantic Caster. “We are now part of a strong financial, technical and strategic company which will enable us to fortify our commitment of delivering exceptional caster and wheel solutions, as well as providing one of the industry’s most respected product portfolios [including the top selling GLC brand] to our expanding and broad range of clients.”

The acquisition of Atlantic Caster fits in GLC's corporate management plan, Focus 2020, which began in September 2012. The plan outlines the company’s goals of increasing sales and operating margin, as well as enhancing its role as a true value innovator that provides the best solutions for its customers.

About Great Lakes Caster / CasterDepot

Great Lakes Caster (GLC) is a leading supplier of casters and wheels with over 6,000 business clients in US and Canada. A family owned and operated business since 1980, with a unique culture of strong values and a mission to serve their customers while providing a rewarding work environment. GLC / CasterDepot is headquartered in Grand Rapids (Wayland), MI, with stocking sales offices in Chicago, IL; Detroit, MI and Grand Rapids, MI under the Great Lakes Caster brand. The CasterDepot brand has sales offices in Columbus, OH; Nashville, TN and Richmond, VA.

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