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Mueller Industries, Inc. (MLI) is a leading manufacturer specializing in copper, brass, aluminum, and plastic products. The company operates globally, serving markets such as plumbing, refrigeration, HVAC, construction, transportation, and industrial applications. MLI's diverse product portfolio includes copper tubes, brass rods, refrigeration valves, and insulated HVAC systems, catering to both original equipment manufacturers (OEMs) and distributors.
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Piping Systems - Manufactures and distributes copper tube, fittings, line sets, and plumbing specialties for plumbing, refrigeration, and air-conditioning markets. Includes operations in the U.S., Canada, Europe, South Korea, and the Middle East.
- Domestic Piping Systems Group - Focuses on copper tube and fittings for U.S. markets.
- Great Lakes Copper - Supplies copper products to North American markets.
- European Operations - Provides copper solutions for European markets.
- Jungwoo-Mueller - South Korean joint venture producing copper products.
- Mueller Middle East - Bahraini joint venture serving Middle Eastern markets.
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Industrial Metals - Produces brass rod, bar, shapes, aluminum and brass forgings, aluminum impact extrusions, and specialty copper and aluminum tubes for industrial, transportation, and construction markets.
- Brass Rod - Supplies brass rod and shapes for industrial applications.
- Impacts & Micro Gauge - Manufactures aluminum impact extrusions and precision components.
- Nehring Electrical Works - Produces high-quality wire and cable solutions.
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Climate - Offers refrigeration valves, coaxial heat exchangers, insulated HVAC flexible duct systems, and line sets for HVAC and refrigeration markets.
- Refrigeration Products - Supplies refrigeration valves and fittings.
- Flex Duct - Manufactures insulated HVAC flexible duct systems.
- Linesets, Inc. - Produces line sets for HVAC applications.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Gregory L. Christopher ExecutiveBoard | Chairman of the Board and Chief Executive Officer | None | Gregory L. Christopher has been with MLI since at least 2008, serving as CEO and Chairman. He previously served as COO and President of the Standard Products Division. | |
Christopher J. Miritello Executive | Executive Vice President, General Counsel, and Secretary | None | Christopher J. Miritello oversees legal, compliance, and corporate governance matters for MLI. He has been with the company since 2017. | |
Jeffrey A. Martin Executive | Executive Vice President, Chief Financial Officer, and Treasurer | None | Jeffrey A. Martin has been serving as the CFO since 2013. His role involves overseeing financial operations at MLI. | |
Steffen Sigloch Executive | Chief Manufacturing Officer | None | Steffen Sigloch has been the Chief Manufacturing Officer since 2017. No specific achievements are detailed in the documents. | |
Charles P. Herzog, Jr. Board | Director | Co-Founder and Principal at Atadex LLC and Vypin LLC | Charles P. Herzog, Jr. has been a director since 2017 and serves on the Audit Committee. He has extensive knowledge of the transportation logistics industry. | |
Elizabeth Donovan Board | Director | None | Elizabeth Donovan has been a director since 2019 and serves as Chairwoman of the Nominating and Governance Committee. She has a background in market dynamics and institutional trading practices. | |
Gary S. Gladstein Board | Director | Independent Investor and Consultant | Gary S. Gladstein has extensive experience in financial and strategic advisory services. He has been a director since 2000 and served as Chairman from 2013 to 2015. | |
John B. Hansen Board | Director | None | John B. Hansen has been a director since 2014 and serves as Chairman of the Audit Committee. He has extensive industry experience. | |
Scott J. Goldman Board | Independent Director | CEO of TextPower, Inc. | Scott J. Goldman has been an Independent Director since 2008. He is also the CEO of TextPower, Inc.. | |
Terry Hermanson Board | Lead Independent Director | Principal of Mr. Christmas Incorporated | Terry Hermanson has been a director since 2003 and the Lead Independent Director since 2019. | |
William C. Drummond Board | Director | Principal at The Marston Group PLC | William C. Drummond is a CPA with expertise in accounting and financial matters. He has been a director since 2022 and serves on the Audit Committee. |
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Wieland Chase, LLC | A subsidiary of Wieland-Werke AG, competes primarily in the brass rod market along with several foreign manufacturers. |
Cerro Flow Products LLC | Part of the domestic competition in the U.S. copper tube business, along with Cambridge-Lee Industries LLC and many actual and potential foreign competitors. |
Cambridge-Lee Industries LLC | A subsidiary of Industrias Unidas S.A. de C.V., competes in the U.S. copper tube business along with Cerro Flow Products LLC and many actual and potential foreign competitors. |
NIBCO, Inc. | A domestic competitor in the copper fittings market, alongside several foreign manufacturers. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Elkhart Products Corporation | 2024 | Acquired for approximately $38.1M in cash (net of working capital adjustments) on August 2, 2024, to complement Mueller Industries’ Piping Systems segment. The deal included detailed valuations of assets (inventories, receivables, property, and equipment) and liabilities with $14.8M in tax-deductible goodwill recorded. |
Nehring Electrical Works Company | 2024 | Acquired under an equity purchase agreement for approximately $575M plus a $25M earn-out based on EBITDA growth, closing on May 28, 2024. This acquisition, funded with cash on hand, delivers high-quality wire and cable solutions to bolster Mueller Industries’ energy infrastructure platform, with significant provisional fair values assigned to assets and liabilities. |
No recent press releases or 8-K filings found for MLI.