Charter Manufacturing acquired Aarrowcast Inc., a Shawano, Wis.-based manufacturer of high-quality gray and ductile iron castings. Aarrowcast, a green sand foundry, offers a range of complex iron casting solutions to OEMs and Tier 1 suppliers across industries including agricultural equipment, compressors/ hydraulics, defense contractors, construction and mining and heavy-duty off-road vehicles. The company produces an estimated 85 million pounds of castings annually. Aarrowcast will operate as Charter Aarrowcast, joining Charter’s existing family of metals manufacturing businesses: Charter Automotive, Charter Dura-Bar, Charter Steel and Charter Wire.

International technology group Andritz signed a contract for the acquisition of Asko Inc., a family-owned company headquartered in Homestead, Pa. Asko manufactures a wide range of shear knives, blades, liners, wear plates and accessories for the metals-producing, metals-processing and recycling industries. For Andritz, the acquisition further complements its service offerings for the metals industry. Founded in 1933, Asko has approximately 140 employees and delivers its products from four locations: Homestead, Pa.; Rock Hill, S.C.; South Holland, Ill.; and Amsterdam, Netherlands.