Amcast Industrial Corp., parent of Lee Brass Co. a brass fitting manufacturer for plumbing markets, announced it will continue operations after restructuring its debt and reducing it by approximately $30 million. The company and certain of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
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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.