Nicholas Molter became involved in the brewery business in 1868. In 1877 he took in Henry H. Oehm as a partner, becoming Molter & Oehm, proprietors of the What Cheer Lager Brewery which was located near Niantic Avenue in Cranston. The offices for the business were located in Providence at 115-117 Pine Street.

By 1880, Molter had taken over the company with his sons, Henry J. Molter and John N. Molter. The company became known as Molter & Sons, Proprietors. Circa 1907, Henry J. took over the company and continued brewing "... the finest of ales." Henry Molter quit the brewing business in 1915 and became involved in the manufacturing of silk.