Bingham & Taylor Forms Strategic Alliance with Industry Leaders
175-Year-Old Proficient Operator in Underground Infrastructure Partners with Family-Owned Companies
In a notable move within the manufacturing sector, Bingham & Taylor, recognized as a major manufacturer of underground infrastructure access solutions, has formed a partnership with Charlotte Pipe and Foundry Company alongside Neenah Foundry Company. This collaboration is expected to bolster their service to water and gas utility customers throughout North America.
Established in 1849, Bingham & Taylor boasts a 175-year tradition of excellence in providing high-quality access products, including meter and valve boxes, lids, and pits. The company’s headquarters in Culpeper, Virginia, is complemented by a cast iron foundry and advanced plastics injection-molding and blow-molding facilities located in Fredericksburg, Virginia. Renowned for their commitment to American-made products, Bingham & Taylor has solidified its standing in the water and gas industry with its products widely utilized across the continent.
“This partnership signifies a pivotal moment for Bingham & Taylor as we transition into our next phase,” commented Laura Thompson Grondin, CEO of Virginia Industries, Inc., the parent company of Bingham & Taylor. “Both Charlotte Pipe and Neenah Foundry value the heritage of our brand and uphold the principles of American manufacturing, alongside our dedication to customer and employee satisfaction. We're optimistic that this collaboration will preserve the strength of the Bingham & Taylor brand well for the next 175 years.”
Hooper Hardison, CEO of Charlotte Pipe and Foundry, shared insights on the strategic fit, stating, “Bingham & Taylor’s rich culture and unwavering commitment to 100% American-made products align perfectly with our mission. This acquisition is a continuation of our strategy to expand within the waterworks realm, especially following our successful acquisition of Neenah Enterprises in the previous year. It enhances our strengths in both iron casting and plastic manufacturing processes.”
Moreover, Vik Bhatia, President and CEO of Neenah Foundry, remarked, “The integration of Bingham & Taylor’s product lines and their distribution network with our own presents an exciting opportunity to enhance our offerings and strengthen commercial partnerships.”
This acquisition melds the established reputation of Bingham & Taylor with the manufacturing prowess of Charlotte Pipe and the market presence of Neenah Foundry, ensuring that Bingham & Taylor continues to thrive under its recognized brand while gaining increased resources and capabilities.
About Bingham & Taylor
Founded in 1849, Bingham & Taylor is a distinguished manufacturer of solutions for underground infrastructure access used by water and gas utilities across North America. The company is dedicated to producing meter and valve access products, including boxes, lids, and pits, with an unwavering belief in 100% American manufacturing. With facilities in both Culpeper and Fredericksburg, Virginia, Bingham & Taylor enjoys a well-deserved reputation for high-quality, durable, and innovative products and services.
About Charlotte Pipe and Foundry
Charlotte Pipe and Foundry stands as the leading manufacturer of cast iron and plastic pipes and fittings tailored for plumbing applications across the United States. With its roots dating back to 1901, this privately-owned company operates multiple manufacturing facilities throughout the country from its headquarters in Charlotte, North Carolina.
About Neenah Foundry
A proud subsidiary of Charlotte Pipe and Foundry, Neenah Foundry specializes in producing municipal castings. With a legacy spanning 150 years and operations including foundries located in both Neenah, Wisconsin and Medley, Florida, the company maintains a strong distribution network complemented by various office locations nationally.
Frequently Asked Questions
What is the significance of the acquisition?
The acquisition signifies a strategic alliance that strengthens both Bingham & Taylor's and the acquiring companies' operations in the infrastructure access sector.
How will Bingham & Taylor operate post-acquisition?
Post-acquisition, Bingham & Taylor will maintain its brand identity while benefiting from expanded resources and capabilities from Charlotte Pipe and Neenah Foundry.
What industries do Bingham & Taylor's products serve?
Bingham & Taylor primarily serves water and gas utility companies, providing essential meter and valve access solutions.
What values do Charlotte Pipe and Neenah Foundry share with Bingham & Taylor?
All three companies prioritize American manufacturing, customer care, and employee satisfaction, ensuring a seamless cultural integration.
Where are Bingham & Taylor's manufacturing facilities located?
Bingham & Taylor operates manufacturing facilities in Culpeper and Fredericksburg, Virginia, focusing on high-quality access solutions.
