Michigan Steel in Muskegon and sister company Rothbury Steel showing signs of financial problems

Michigan Steel in Muskegon and sister company Rothbury Steel showing signs of financial problems | MLive.com
With the closure of the Kurdziel Iron Foundry in Rothbury in 2009, a Makary business purchased the facility at 2625 W. Winston Road and opened it to great fanfare with state and local officials in April of last year.
The state of Michigan contributed $2.56 million through Grant Township and the Oceana County Road Commission to improve Winston Road from the foundry to U.S. 31 to assist in launching the company with 50 employees.
At the time, the company projected 300 jobs at Rothbury Steel, because larger castings could be produced than with the equipment at Muskegon Steel.
Hardy said her agency visited with Rothbury Steel officials late in 2012 and found operations continuing with about 60 to 70 employees.
At the time of the Rothbury Steel opening, then company President Chris Moein told MLive and The Muskegon Chronicle that business was “booming” at Michigan Steel and the company was employing 200 people in Muskegon.
Historically, Michigan Steel has employed about 120 workers, according to information from Muskegon Area First.