For a few minutes this week, Merchants Fleet’s staff put down their laptops, picked up some sledgehammers, and started hammering away at a wall, breaking into a new chapter for the 50-plus year-old company. The group gathered as part of a Demolition Day event celebrating the remodel of what will be the company’s new headquarters at 14 Central Park Drive in Hooksett, New Hampshire. Ownership, leadership and staff members kicked off the afternoon by taking turns swinging sledgehammers into a wall that was slated to be torn down to make an expansive and open new space.
The new headquarters marks the latest milestone in the company’s rapid growth and extensive hiring efforts. Merchants signed a 10-year lease on the space this past January, and it is projected to open late this summer.
“This is an exciting time and a milestone moment in the history of Merchants as we embark on a new chapter,” said Michael Sydney, Owner & Vice President, as he opened the event. “The result of this project is for Merchants to continue growing to be the best fleet management company in the industry.”
Demolition Day attendees were treated to a champagne toast and a tour of the building, which will feature collaborative spaces to drive innovation, state-of-the-art video conferencing spaces, and employee amenities, including an on-site gym with locker rooms, community game room, and a cafe with “grab and go” food offerings.
“We have made it a major strategic focus to hire the best and brightest minds in the fleet industry,” said CEO Brendan P. Keegan. “This new building will give us the resources, space, and environment for those minds to come together, innovate, and create an even better experience for our clients.”
Merchants has been growing its national client base as part of its aggressive strategic direction over the past 18 months. The company is currently spread across multiple buildings along Hooksett Road to accommodate its growth in size, and the new headquarters will enable all members of the business to sit in one building and collaborate. Merchants Auto, the pre-owned dealership division of Merchants Automotive Group, will remain at its current location at 1278 Hooksett Road in Hooksett, New Hampshire.