Steel News


Charter Manufacturing Acquires Green Sand Foundry

11/23/2021 - Charter Manufacturing announced today that it has acquired Wisconsin-based Aarrowcast Inc., a privately held manufacturer of high-quality gray and ductile iron castings.

According to a press release from Charter Manufacturing, Aarrowcast offers a range of complex iron casting solutions and has an estimated annual production of approximately 85 million lbs. of castings.

“As a growth company, we continually evaluate opportunities to enhance our business,” said John W. Mellowes, Charter Manufacturing’s chief executive. “This acquisition expands our metals manufacturing offerings and will increase diversification of both our customer base and end markets.”

“Becoming part of Charter Manufacturing is a good strategic and cultural fit for Aarrowcast,” said Randy Brull, president and chief executive of Aarrowcast. “Both companies are passionate about metals manufacturing and are committed to customer service, product innovation and growth. We are excited about working together and what the next chapter will bring.”
 
Aarrowcast will operate as Charter Aarrowcast. Mellowes said Brull will continue to lead Aarrowcast and will report to Bob Venable, Charter Manufacturing’s president and chief operating officer.