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Chase Brass is a leading manufacturer of brass rods in the U.S. Located in Montpelier, Ohio, Chase employs nearly 200 hourly employees who are represented by the United Steelworkers Union (USW) Local 7248, and 85 salaried employees.〔(| Press Releases | United States Senator Sherrod Brown )〕 Founded in 1876, in Waterbury, Connecticut, it was one of the brass manufacturers that contributed to Waterbury's nickname "The Brass City". One of the largest brassworks in Waterbury, Chase left the city in 1975. ==Corporate History== The company was incorporated in 1876, with Henry Sabin Chase as its founder and first President. In 1929 the company built its first midwestern plant, in Euclid, Ohio. That same year Chase became a subsidiary of Kennecott Utah Copper, which was the largest producer of copper in the U.S., and Ten East 40th St, New York City, the Chase Tower, was finished and named after its first tenant, Chase Brass and Copper. It is now known as the Mercantile Building. Standard Oil of Ohio (now BP America) acquired Kennecott in 1981 and thus acquired Chase. In 1988, the sheet division was sold to 500 employees of the company through an employee stock ownership plan; the new firm was named North Coast Brass & Copper Co. Only 40 Chase employees were left in the Cleveland area, at its Solon headquarters, though the firm still had two other divisions, in Montpelier, OH, and Shelby, NC.〔(Encyclopedia of Cleveland History:CHASE BRASS & COPPER CO )〕 In 1988, BP was discouraged from selling Chase to TBG Inc., a New York-based manufacturing concern, with a threatened anti-trust action. The Justice Department warned TBG that it intended to file a civil suit to block its proposed $127 million acquisition of Chase Brass.〔(COMPANY NEWS; U.S. Will Challenge Chase Brass Takeover - New York Times )〕 In 1990, BP finally sold the brass rod manufacturing operations in Montpelier, Ohio, the last remaining business unit of its Chase Brass and Copper Co. subsidiary. The rod mill, which then employed about 230 workers, made brass products for plumbing and other uses.〔http://findarticles.com/p/articles/mi_hb5250/is_199004/ai_n20060399/?tag=content;col1〕 In 1997, the board of directors and shareholders of Chase Brass Industries, Inc. legally changed its name to Chase Industries Inc. The Company's New York Stock Exchange symbol remained "CSI." 〔(Search Results )〕 In 2000, Chase joined a consortium of specialty metal producers, the MetalSpectrum Partnership, to market metals on-line.〔(SME - Sorry. Not Found )〕 As of 2001, Court Square Capital, an affiliate of Citicorp Venture Capital and the Chase Acquisition Corporation, owned 47 percent of Chase's stock, and sales totaled $232 million.〔(Company News; Chase Industries Says Talks To Sell Company Are Over - New York Times )〕 In 2002 Olin Corporation purchased Chase Brass and Copper Co.〔http://findarticles.com/p/articles/mi_hb5553/is_200205/ai_n21619307/?tag=content;col1〕 Five years later, private equity fund KPS Capital Partners LP subsidiary Global Brass and Copper, Inc. ("GBC") acquired Olin's worldwide metals business, including Chase Brass, and now markets products under that name.〔(Chase Brass & Copper Company, Inc )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Chase Brass and Copper Company」の詳細全文を読む スポンサード リンク
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