Charlotte Pipe and Foundry Co. has announced that effective July 13, the Company has purchased Neenah Enterprises Inc., headquartered in Neenah, Wisconsin. Neenah operates three plants that manufacture construction and industrial castings. The Neenah plant locations are Medley, Florida; Neenah, Wisconsin; and Lincoln, Nebraska.
Neenah has been a leader in the construction castings industry for 150 years. Hooper Hardison, President and CEO of Charlotte Pipe and Foundry Co., stated “This acquisition in an adjacent sector builds on our core competency in the manufacturing of grey iron castings. We believe that Charlotte Pipe’s financial strength and manufacturing expertise will strengthen Neenah’s portfolio.”
Charlotte Pipe and Foundry Co. was established in 1901 and is a privately held corporation operating seven plants across the United States producing plastic pipe and fittings and cast iron soil pipe and fittings used primarily for drain, waste, and vent purposes as well as commercial castings. The Company is currently constructing a new greenfield foundry operation east of Charlotte that will come online in the third quarter of 2023.
Source: Charlotte Pipe and Foundry Co.