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Charter Manufacturing Buys Wells Manufacturing Plus Two Divisions

2013-04-29

Charter Manufacturing Company, Mequon, WI, USA, has acquired Dura-Bar and Dura-Bar Metal Services as part of its stock purchase of Illinois, USA-based Wells Manufacturing Company. As a result of the acquisition, Charter adds a fourth division focusing on specialty iron bar to its family of companies, which also includes Charter Steel, Charter Wire and Charter Automotive. Dura-Bar Metal Services is a world leader in the production, technology and application of continuous cast iron bar stock, and Dura-Bar Metal Services is a distributor of Dura-Bar products and bronze alloys. Charter Steel is a leading American supplier of carbon and alloy steel bar, rod and wire products, and Charter Wire is a leading supplier of precision cold finish bar, cold-rolled steel custom profiles, flat wire and other wire coil products. Charter Automotive is a Tier 1/Tier 2 supplier of engineered components and assemblies for the automotive industry.