INDUSTRY NEWS
Former Smith & Wesson Investment Caster Relocating Tompson Investment Casting,
Rochester, N.H., is moving to a build- ing several miles from its existing plant in the wake of being sold by firearms company Smith & Wesson at the beginning of the year. Te company was sold to its exist-
ing management team in early 2012. As part of the purchase agreement, the new owners committed to moving out of the Smith & Wesson-owned build- ing it occupied by the end of August. “We’re moving in two time periods,” said Ford Bishop, plant manager. “Te
first will be over the next two weeks. Te final half will be [around] August.” Tompson is currently managing its
inventory to handle the four weeks of shutdown required for the move’s two stages. Te company’s new 35,000-sq.- ft. plant on Dover Road in Rochester will be slightly larger than its existing space and include an improved floor plan for leaner operations. Te facility will be outfitted with Tompson’s existing investment casting equipment. “We want everyone to know we are
essentially the same group of managers running the company,” Bishop said. “Tere will be strong continuity.” Tompson sells ferrous and nonfer-
rous investment castings to commer- cial customers in a variety of indus- tries, including firearms, medical, valve, tools and marine.
Michigan Steel Reopens Former Kurdziel Industries Rothbury Steel LLC, Rothbury,
Mich., officially has been reopened by its new owner, according to multiple local news reports. Formerly known as Kurdziel Indus-
tries, the ferrous casting plant was shut down in 2009 after being purchased in 2008 by Monomoy Capital Partners LP, New York, for an undisclosed amount. Te company was briefly known as
Carlton Creek Ironworks Inc. before being purchased by the owners of Michigan Steel, Muskegon, Mich. Ac- cording to individuals involved in the transaction, the sale included the land and buildings and some of the facility’s equipment. Te cupola and holding furnaces were replaced by induction melting equipment, with the intent of producing commercial steel castings. Prior to the purchase, Kurdziel In-
dustries manufactured commercial cast- ings and counterweights for a variety of industries. Its customers included John Deere, Haas, Komatsu and Genie. Rothbury Steel representatives were not available for comment.
10 | MODERN CASTING June 2012
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