Charlotte Pipe and Foundry Company, together with its subsidiary Neenah Foundry, has acquired Bingham & Taylor, a long-established manufacturer of underground access solutions for water and gas utilities. The acquisition brings together three respected American manufacturing organizations with deep roots in the waterworks and infrastructure sectors.
Bingham & Taylor, founded in 1849, has built a 175-year legacy producing meter and valve access products, including boxes, lids, and pits. The company is headquartered in Culpeper, Virginia, where it operates a cast iron foundry, along with injection-molding and blow-molding facilities in Fredericksburg, Virginia. Its longstanding dedication to producing 100% American-made products has solidified its status as a trusted brand across North America.
Laura Thompson Grondin, CEO of Virginia Industries, Inc, the parent company of Bingham & Taylor, described the acquisition as an important milestone in the company’s evolution. She noted that after nearly two centuries of operation and two generations of family leadership, partnering with Charlotte Pipe and Neenah Foundry represents a meaningful step forward. She emphasized that both companies share Bingham & Taylor’s commitment to American manufacturing, strong customer relationships, and a culture that values employees. Ms Grondin added that Charlotte Pipe recognizes the strength and heritage of the Bingham & Taylor name and is committed to preserving and building upon that legacy.
Charlotte Pipe and Foundry CEO Hooper Hardison highlighted the strategic nature of the acquisition, stating that Bingham & Taylor’s reputation, culture, and American-made focus align closely with Charlotte Pipe’s mission. He explained that the transaction reinforces the company’s long-term growth strategy within the waterworks industry and complements its previous acquisition of Neenah Enterprises in 2022. According to Mr Hardison, the combined capabilities of iron casting and plastics manufacturing across the three companies will further broaden their market position.
Neenah Foundry President and CEO Vik Bhatia noted that Bingham & Taylor’s products and customer base complement Neenah’s existing offerings. He stated that the partnership creates an opportunity to expand product availability, strengthen relationships with distributors, and enhance the companies’ collective presence in the municipal and utility markets.
Bingham & Taylor will continue to operate under its established brand name while gaining access to expanded resources, manufacturing capacity, and market reach through its new ownership. The company was advised in the transaction by Bridgepoint Investment Banking and Haynes Boone. With the combined strengths of Charlotte Pipe, Neenah Foundry, and Bingham & Taylor, the acquisition positions all three organizations to deliver greater value and innovation to water and gas utility customers throughout North America.
