Bankruptcy Kills 170-Year-Old Company

For 170 years,  the Homer D. Bronson Co. made metal parts for the automotive industry.

The Winsted business that started in 1839 and made it through the ups and downs of the 1900s can survive no longer, an executive at the company said.

The company is closing because its parent company, Modern Metal Products Co. of Rockford, Ill., has filed for bankruptcy and is selling its assets to pay creditors.

The plan is to sell Homer D. Bronson Co.’s assets and lay off its staff of about 36 employees.

Bronson vice president John Zoldy said no closing date has been set for his company because it's working to complete its remaining orders.

Zoldy said employees were told of the shutdown plans Wednesday.
 

Copyright AP - Associated Press
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