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Charter Manufacturing company history timeline

1936

Five years later he sold the business only to start another new business, Charter Wire, in 1936 to supply the Milwaukee Lock Washer Company with steel wire.

1947

Wells Manufacturing Company's 42,000-square foot plant opens on March 3, 1947 in Skokie, Illinois, manufacturing gray iron castings and valve tappets and specializing in castings for agricultural equipment, pumps and heating systems.

1948

In 1948, at the request of Chrysler Corporation, the Mellowes family established Milwaukee Wire Products (MWP) to manufacture dipsticks for the internal combustion engine and powertrain industries.

1966

In 1966, Peterson Steel is selected as the first regional distributor.

1973

In September 1973, Wells Manufacturing Company purchases 38 acres in a new industrial park in Woodstock, Illinois, a northwest suburb of Chicago.

1976

The Dura-Bar Division pulls its first bar from the new Woodstock facility on March 15, 1976.

1978

In 1978, John Mellowes formed Charter Rolling, which specialized in servicing the cold-heading and cold-forming markets.

1981

The establishment of Charter Electrical Melting in 1981 completed the vertical integration initiative.

1985

In 1985, Charter Steel opened a state-of-the-art processing plant for cleaning, coating, annealing and wire drawing.

1989

They quickly added transaxle retaining rings and valve keys to the product portfolio before adding valve spring retainers in 1989.

1991

In 1991, Charter Steel built a melt shop in Saukville, creating a completely integrated mini mill at one site.

1994

Valve Train Components (VTC) began as part of a larger presswork group, but was established as an independent company in 1994.

1998

Dura-Bar Research and Development moves into its new 40,900-square foot wing in May 1998.

2000

In November 2000, it opened a full-service processing and distribution facility near Toledo, Ohio, to better serve its customers.

2002

In 2002, the business expanded and diversified with the introduction of synchromesh sliding keys, which quickly became an important addition to the product portfolio.

Dura-Bar Metal Services was born in 2002 with the purchase of two former independent distributors' locations in New Jersey and North Carolina.

2004

The company broke ground on a $125 million expansion of the Cuyahoga Heights plant in the fall of 2004.

2005

In 2005, the company acquired the assets of ProTube Design Limited, simultaneously expanding guide manufacturing capability, and allowing for exploration of other high volume automotive tube applications.

MWP began turning its attention to the global automotive industry when its European office was opened near Frankfurt, Germany in 2005 to begin providing local support to the local market.

2006

With the completion of the work in April 2006, the plant had a modern melting operation on site that allowed Charter Steel to expand its special quality steel lines including cold heading steel, bearing quality steel, and high carbon steel.

Wells Manufacturing Company celebrates its 60th anniversary on June 17, 2006.

In 2006, Charter Steel started up a brand new melt shop in Cleveland, Ohio to complement the rolling mill by supplying high quality billets produced by modern equipment and processes to support our customers' most demanding applications.

2007

In 2007, this support was quickly followed with a local manufacturing presence as Milwaukee Wire Products acquired Valve Train Components (VTC) of Lichfield, England.

2008

In 2008, Charter Automotive made further advancements toward supporting customers' global requirements when a warehouse and distribution facility was opened in Wuhu, China, designed to support the rapid expansion of the Chinese auto industry.

2011

Dura-Bar's new warehouse in Changzhou opened June 1, 2011.

2013

In 2013, Charter Automotive completed two additional large-scale expansion initiatives, which included the simultaneous relocation UK operations from Lichfield to Burntwood, and the opening of its newest manufacturing site in Changzhou, China.

Upon successful transition into a state-of-the-art, fully redesigned facility, UK operations commenced full-scale production of Valve Spring Retainers in 2013.

2014

Further east, the Changzhou facility launched full scale production of core product in 2014.

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Founded
1936
Company founded
Headquarters
Mequon, WI
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Charter Manufacturing competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Charter Wire1936$750.0M70-
Simpson Investment Company1890$1.4B2,839-
Gerber Scientific Products1968$49.9M500-
Isuzu Motors Ltd.1916$15.3B7,769-
Grc-$38.0M359-
Trimble1978$3.8B11,500315
MPL1990$11.2M11-
Federated Group1927$280,00059
Systems Source, Inc.-$2.0M156
LMI Inc.1974$29.3M2187

Charter Manufacturing history FAQs

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