The Special Situations Fund L.P bought brass manufacturer Lee Brass in a 363-asset sale. It will be operated independently by management with prior experience with the company. Bruce L. Jameson, previously vice president of industrial, plumbing and marine products, has been appointed president and CEO. Former Controller Reiber Heath is CFO; David Smith will continue as operations manager.
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For plumbers in Flint, Mich., “it’s been a heck of a year,” said Harold T. Harrington, a master plumber and pipefitter working as the business manager for Flint’s United Association of Plumbers and Pipefitters, Local 370. Read more stories in 2017 March Issue.