December 20, 2014 1:07 AM ET

Metals and Mining

Company Overview of Charter Manufacturing Company, Inc.

Company Overview

Charter Manufacturing Company, Inc. manufactures steel and steel components. It offers bars, rods, and wires; precision, cold-rolled custom profiles, flat wire, and standard shapes; engineered components for engine, transmission, and driveline applications; and bar and rod rolling, and coil processing products. The company also manufactures valve spring retainers, valve keys/collets/locks, valve spring seats, synchromesh sliding keys, retaining rings, and core plugs. It serves agriculture, automotive, construction, defense, energy, general machinery, lawn and garden, and recreation industries. Charter Manufacturing Company, Inc. was founded in 1936 and is based in Mequon, Wisconsin. It has m...

1212 West Glen Oaks Lane

Mequon, WI 53092-0217

United States

Founded in 1936

Phone:

262-243-4700

Fax:

262-243-4711

Key Executives for Charter Manufacturing Company, Inc.

Chief Executive Officer
President and Chief Operating Officer
Assistant Chief Financial Officer
Chairman and Vice President of Strategic Planning & Business Development
Vice President and General Manager
Compensation as of Fiscal Year 2014.

Charter Manufacturing Company, Inc. Key Developments

Charter Wire Plans to Expand Factory in Milwaukee's Menomonee Valley Industrial Center, Creating About 35 Jobs, to Be Completed in 2015

Charter Wire is proceeding with the long-planned expansion of its factory in Milwaukee's Menomonee Valley Industrial Center, creating about 35 jobs. Charter Wire will add 69,000 square feet and new production equipment to its 160,000-square-foot factory. That proposed expansion is being driven by greater demand for pipes from the oil and natural gas industries. The $20 million project consists of about $14 million in new equipment and $6 million for the building expansion. The group is providing federal New Markets Tax Credits to help finance the project. Other financing is coming from Charter Wire and JPMorgan Chase. The project will increase Charter Wire's workforce at the building from 116 employees to as many as 151 fulltime employees, according to information filed with MEDC. The expansion plans were first disclosed in 2013. Construction will begin soon, with completion in 2015.

Charter Manufacturing Company, Inc. Announces Executive Changes

John A. Mellowes, longtime chairman and CEO of Charter Manufacturing Co. Inc., will hand the reins of the company to his two sons and step down from his day-to-day duties in July. Mellowes will remain on Charter Manufacturing's board as chairman emeritus. He followed his father, Charles N. Mellowes, into the Mequon-based privately held steel and steel components company 48 years ago and has been CEO for 30. He is the grandson of Charter founder Alfred Mellowes. In a planned succession, his son John W. Mellowes, currently vice president and general manager of the company's Charter Steel division, will become CEO of Charter Manufacturing. Meanwhile, Charles A. Mellowes will become Charter Manufacturing's board chairman and maintain his responsibilities as the company's vice president of strategic planning and business development. Tom Glaister will remain the company's president and chief operating officer.

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