HURON
Huron is a manufacturer of value-added precision components used in automotive, transmission, fuel and climate control systems.
SECTOR: Advanced Manufacturing
FUND: Michigan Growth Capital Partners SBIC
TYPE: Subordinated Debt
STATUS: Realized

HURON

DESCRIPTION

Huron is a leading manufacturer of value-added precision components, primarily bar-turned products and tubular assemblies that are used in automotive engine, transmission, fuel and climate control systems. Founded in 1943, the company has become one of the largest independent producers of precision bar-turned products in the United States and has successfully leveraged its position to expand into the specialized tubular fabrication market.

The company has 271 full-time employees in Michigan and is one of the largest employers in Sanilac County. Huron manufactures more than 380 different highly engineered components and is the sole-source supplier for each of its products. They are found on a diverse mix of more than 75 cars, trucks, and crossovers, including 10 of the top 20 best-selling vehicles in North America.

Beringea’s fund exited its investment in Huron in February 2013.