Auxo Investment Partners has acquired a family-owned Bay City foundry that specializes in manufacturing heavy steel components.
Private investment firm Auxo Investment Partners announced today the acquisition of Bay Cast Incorporated (BCI) and Bay Cast Technologies (BCT), an integrated steel casting and precision machining company based in Bay City, Michigan. Bay Cast specializes in producing large, complex components for the space, marine, aerospace & defense, energy, chemical, testing, power generation, automotive, and agricultural industries.
"Joining forces with Auxo Investment Partners represents a pivotal moment for Bay Cast," said Scott Holman, President of Bay Cast Technologies (BCT). "Their commitment to operational excellence and strategic growth aligns seamlessly with our vision, enabling us to enhance our capabilities and better serve our diverse clientele."