Mueller Industries, Inc. Announces Acquisition of Elkhart Products Corporation
06 August 2024 - 9:00PM
Business Wire
Mueller Industries, Inc. (NYSE: MLI) today announced that it has
acquired Elkhart Products Corporation (EPC). EPC is a U.S.
manufacturer of copper solder fittings, with two manufacturing
locations in Elkhart, Indiana, and Fayetteville, Arkansas.
Regarding the acquisition, Greg Christopher, Mueller’s CEO said,
“We expect the addition of EPC to significantly accelerate the
recovery of our Covington, Tennessee -based copper fittings
business, which was substantially impacted by a tornado in March
2023. The acquisition will expand and complement our current
business, while also providing redundant capabilities in the
manufacturing of solder fittings.”
Mueller Industries, Inc. (NYSE: MLI) is an industrial
corporation whose holdings manufacture vital goods for important
markets such as air, water, oil and gas distribution; climate
comfort; food preservation; energy transmission; medical; aerospace
and automotive. It includes a network of companies and brands
throughout North America, Europe, Asia, and the Middle East.
Statements in this release that are not strictly historical may
be “forward-looking” statements, which involve risks and
uncertainties. These include risks relating to our ability to
successfully realize the anticipated benefits of the transaction,
economic and currency conditions, continued availability of raw
materials and energy, market demand, pricing, competitive and
technological factors, and the availability of financing, among
others, as set forth in the Company’s SEC filings. The words
“outlook,” “estimate,” “project,” “intend,” “expect,” “believe,”
“target,” “encourage,” “anticipate,” “appear,” and similar
expressions are intended to identify forward-looking statements.
The reader should not place undue reliance on forward-looking
statements, which speak only as of the date of this report. The
Company has no obligation to publicly update or revise any
forward-looking statements to reflect events after the date of this
report.
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version on businesswire.com: https://www.businesswire.com/news/home/20240805174440/en/
Jeffrey A. Martin (901) 753-3226
Mueller Industries (NYSE:MLI)
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