Charter Steel has significantly expanded its steel wire production capacity in 2025 with a $22.8 million investment focused on its Fostoria, Ohio and Saukville, Wisconsin facilities.

A press release said that the expansion includes the installation of four new wire draw machines at Fostoria and one new draw machine at Saukville. The Fostoria facility was also expanded by about 42,000 sq ft. Three machines are already installed and in the validation phase, while two more are expected to be operational by early 2026.

The move was expected to triple Charter Steel’s wire draw output, supporting customer demand for comprehensive and reliable steel solutions. The upgrades are designed to allow customers to interact with a single, consistent team for the entire steelmaking process—from melting and rolling to processing and finishing—streamlining purchasing with “one-stop shopping” for finished products. The expansion will create about 15 new jobs at Fostoria to staff the additional wire draw machines.