Released on July 27, 2011

Carlton Creek Ironworks Inc., Muskegon, Mich., has been sold to Rothbury Steel LLC and will be reconfigured to produce commercial steel castings, according to the company that brokered the deal.

The plant was purchased by Monomoy Capital Partners LP, New York, from Kurdziel Industries Inc. in July 2008 for an undisclosed amount. Now, a deal has been brokered by FL Sales Inc., Solon, Ohio, to change the ownership again.

According to Kaleigh LoPresti, FL Sales’ controller, the sale included the land and buildings and some of the machinery and equipment at the facility.

“The new owners will be removing the cupola and holding furnace and installing induction melting equipment to produce commercial steel castings,” LoPresti said in an email.

When it purchased the facility in 2008, Monomoy added it to its growing manufacturing portfolio, which included Compass Automotive Group Inc., a manufacturer of safety-critical auto parts that included metalcasting capabilities. Prior to the purchase, the plant manufactured commercial castings and counterweights for a variety of industries. Its customers included John Deere, Haas, Komatsu and Genie.