Charlotte Pipe and Foundry Acquires Neenah Enterprises, Incorporated

Charlotte Pipe and Neenah Foundry Acquire Bingham & Taylor

November 6, 2025

Manufacturing

Charlotte Pipe and Foundry Company, together with its subsidiary Neenah Foundry Company, have acquired Bingham & Taylor (also referenced as Bingham 26 Taylor), a 175-year-old manufacturer of meter and valve access products for water and gas utilities. The acquisition brings Bingham & Taylor's cast iron and plastics manufacturing capabilities into the buyers' waterworks portfolio while keeping the Bingham & Taylor brand and operations in Culpeper, Virginia.

Grede Acquires Neenah Enterprises' Commercial Vehicle Business and Advanced Cast Products (ACP)

July 20, 2021

Manufacturing

Grede has signed a definitive agreement to acquire Neenah Enterprises, Inc.'s commercial vehicle business, select industrial book of business and the Advanced Cast Products (ACP) operations in Meadville, Pennsylvania. The acquisition (expected to close in Q3 2021) adds ~220 ACP employees and expands Grede's casting and machining capabilities to better serve commercial vehicle, automotive and industrial OEM customers; terms were not disclosed.

Neenah, Inc. Acquires Vectorply Corporation

March 3, 2020

Manufacturing

Neenah, Inc. agreed to acquire Vectorply Corporation from MSouth Equity Partners for $155 million in cash. Vectorply, a Phenix City, Alabama-based manufacturer of high-performance composite reinforcement fabrics with annual sales over $70 million, will broaden Neenah's technical products platform and is expected to close April 1, 2020.

Beckner Clevy Partners and Speyside Equity Acquire Dalton Corporation from Neenah Enterprises

May 2, 2016

Manufacturing

Dalton Corporation, a Warsaw, Indiana foundry specializing in complex gray iron castings, was sold by Neenah Enterprises to private equity firms Beckner Clevy Partners and Speyside Equity. Cleary Gull acted as Neenah Enterprises' exclusive financial advisor; the buyers intend to leverage their industrial expertise to support Dalton's operational growth.

U.S. Pipe Acquires Custom Fab, Inc.

August 18, 2015

Manufacturing

United States Pipe and Foundry Company, LLC (U.S. Pipe), a portfolio company of Wynnchurch Capital and Comvest Partners, has acquired Custom Fab, Inc., a Florida-based fabricator of pipes and fittings serving the waterworks industry. The deal expands U.S. Pipe's fabrication footprint, adds specialty linings and coatings capabilities, and is intended to improve cost position and customer service across both companies' customer base.

New Page Capital Acquires Engineered Steel Products

February 9, 2015

Manufacturing

Greensboro, North Carolina-based private equity firm New Page Capital has acquired Engineered Steel Products, a Sophia, N.C.-headquartered structural steel fabrication company. The deal establishes a succession plan for the business: co-founders Rob Braswell and Richard Flournoy remain in executive roles while Rick Ramsey becomes president; Bundy Group and The Forrest Firm served as advisor and legal counsel, respectively.