M. Argueso & Co., acquired in December by Precision Castparts Corp. plans to relocate its production facilities from Mamaroneck, NY, to Muskegon, MI, in the coming months.

Argueso manufactures waxes used by investment casters, and this move is seen as a way to make the company more competitive by providing a base of operations where it can “meet the current and future requirements of its total customer base even more effectively,” PCP stated. The new site also will allow Argueso to expand as its activity increases.

Argueso will share a number of administrative functions with the nearby Cannon Muskegon operation, reducing overhead expenses, according tot he statement.

“This relocation effort will provide Argueso with significantly enhanced growth opportunities,” said Joe Snowden, president of Specialty Materials and Alloys Group, part of the Investment Cast Products segment of Precision Castparts. “The competitive landscape continues to change, and we are positioning ourselves to serve our customers in the most effective way possible.”