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Lee Brass Company has been acquired by Morris Capital Management, with the help of Cleary Gull Inc. of Milwaukee.
Lee Brass is a copper- and brass-based alloy foundry in Anniston, Ala. It is one of the largest of its kind in North America.
Morris Capital is a Chattanooga, Tenn. affiliate of The Reserve Group in Akron, Ohio. The investment firm focuses on acquiring manufacturing and distribution businesses with common and preferred equity capital.
Cleary Gull’s sale of Lee Brass is its seventh completed deal in the foundry and forging industry.
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