Aluminum Scrap Markets
August 6, 2024
Bringing together two family-owned businesses
Written by Stephen Miller
Last week, our sister company, Steel Market Update, covered the merger and acquisition of Charter Steel with Niles Iron and Metal. In this article, we will take a broad look into each of the companies.
Charter Manufacturing, based in Mequon, WI, has acquired scrap processor, Niles Iron and Metal, in Niles, OH. Charter Manufacturing has two steelmaking facilities. The main facility is located in Mequon, WI just north of Milwaukee. The other one is in Cleveland, OH about 65 miles west of Niles. Charter also owns two large foundries: Charter Dura-Bar in Woodstock, IL and Charter Aarrowcast in Shawano, WI.
