Charter Manufacturing Company Research Report
Company Overview
- Company Name: Charter Manufacturing Company, Inc.
- Mission: Charter Manufacturing's mission focuses on a culture of trust and empowerment, fostering an environment of employee engagement and continuous improvement. They aim for a competitive advantage through customer intimacy and family teamwork.
- Founded: Charter Manufacturing was founded in the 1930s by the Mellowes family.
- Key People:
- John W. Mellowes (CEO)
- Marry (President & COO as of January 4, 2023)
- Casterton (President of Charter Steel as of January 4, 2023)
- Headquarters: No information is available.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Charter Manufacturing is known for its family-owned steel and iron production, engineered components and assemblies for the automotive industry, cold rolled shaped wire, continuous cast iron bar stock, carbon and alloy steel products, and ductile and gray iron casting solutions.
Products
- Product Offerings:
- Engineered Components and Assemblies: Specializes for the automotive industry.
- Continuous Cast Iron Bar Stock: Offers high-quality bar stock.
- Steel Products: Includes carbon and alloy steel bar, rod, wire products, and steel coil processing.
- Cold Rolled Shaped Wire and Finished Bar: Provides both standard shapes and custom profiles.
- Iron Casting Solutions: Offers ductile and gray iron casting solutions.
- Product Descriptions and Key Features:
- Engineered Components: Designed for precision and reliability in automotive applications.
- Continuous Cast Iron: Known for superior machinability and strength.
- Steel Products: Offer versatility and are customizable according to client specifications.
- Cold Rolled Wire: Offers customization in shapes and profiles tailored to customer needs.
- Iron Casting: Provides durability and flexibility for a range of industrial needs.
Recent Developments
- Acquisition of Niles Iron & Metal Company, LLC: On July 22, 2024, Charter Manufacturing acquired Niles Iron & Metal Company, expanding its capabilities and market reach.
- Leadership Changes:
- Marry was promoted to President & COO of Charter Manufacturing on January 4, 2023.
- Casterton was named President of Charter Steel on January 4, 2023.
- Tom Marry named President of Charter Steel on July 5, 2022.
- Organizational Achievements:
- Ranked as the 25th most successful private company on Deloitte’s 2022 Wisconsin 75™ list.
- Received various quality certifications such as ISO 50001, ISO 14001, ISO 9001, A2LA, and IATF 16949.
- Sustainability and Community Engagement: Charter Manufacturing has been investing in sustainable practices, supporting community projects, local educators, and various social and environmental projects.
- Environmental Excellence Award: Charter Steel Fostoria earned this accolade on October 6, 2020.
- Acquisition of Aarrowcast, Inc.: Occurred on November 23, 2021, adding to their manufacturing capacity and capabilities.
- Expansion in 2017: Charter Steel initiated the addition of a Special Bar Quality (SBQ) bar mill near Cleveland.
Partnerships
- Automotive Partnerships: Charter Manufacturing exceeds quality requirements and maintains partnerships with major automotive companies including Ford Motor Company, DaimlerChrysler, and General Motors.
