Business & Finance: In Naugatuck Valley

In Connecticut's Naugatuck Valley are many ancient companies. Some have shared in the general decline of New England industries, but the copper and brass manufacturers thrive above all others, produce 70% of U. S. fabricated brass. In 1922 Anaconda Copper Mining Co. reached into this region, bought American Brass Co. Later Kennecott absorbed Chase Brass & Copper Co. Last week Scovill Manufacturing Co., most venerable of all the Valley's brass companies, figured in a deal, but, absorbing instead of being absorbed, continued an expansion policy in buying A. Schrader's Sons, Inc. of Brooklyn....

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