Mueller Water Products

#3542

Rank

$2.54B

MarketCap US

US United States

Country

Summary
Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. The company operates in two segments, Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment provides iron gate and specialty valves, and service brass products; and valves for water systems, such as iron gate, butterfly, tapping, check, knife, plug, and ball valves, which are used to control distribution and transmission of potable water and non-potable water, as well as in water transmission or distribution, water treatment facilities, or industrial applications. The Water Management Solutions segment offers dry-barrel and wet-barrel fire hydrants for water infrastructure development, fire protection systems, and water infrastructure repair and replacement projects; pipe repair products, such as couplings, grips, and clamps used to repair leaks; residential, fire line, and commercial water metering products, systems, and services; water leak detection and pipe condition assessment products and services; machines and tools for tapping, drilling, extracting, installing, and stopping-off; gas valve products for use in gas distribution systems; and intelligent water solutions, including pressure control valves, advanced pressure management, network analytics, event management, and date logging. It sells its products under the Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, Singer, Echologics, Echoshore, ePulse, Hersey, i2O Water Ltd, LeakFinderRT, LeakFinderST, LeakListener, LeakTuner, Mi.Echo, Mi.Data, Mi.Hydrant, Mi.Net, Mueller Systems, Sentryx, and U.S. Pipe Valve and Hydrant brands. The company was founded in 1857 and is headquartered in Atlanta, Georgia.

History

Mueller Water Products was incorporated as a standalone business on September 22, 2005, but the company traces the history of its business units, subsidiaries and brands back as far as 1857, when the forerunner to Mueller Co. was founded by Hieronymus Mueller in Decatur, Illinois. Providence Steam and Gas Pipe became General Fire Extinguisher Co. in 1892 after merging with several sprinkler manufacturers, and was later renamed Grinnell Co. in 1919, after the company's president, Frederick Grinnell. In 1899, 12 companies incorporated as United States Cast Iron Pipe and Foundry Company, which would later be known as U.S. Pipe after dropping "cast iron" from the company name in 1929. Grinnell Co. became known as Anvil International in 2000.Jim Walter Corporation acquired U.S. Pipe in 1969, and in 2005, it acquired Mueller Co. and Anvil International. The three businesses were combined to form Mueller Water Products. The combined entity was then spun off as the publicly held Mueller Water Products, Inc. in 2006, moving its headquarters from the company's birthplace of Decatur, Illinois, to Atlanta, Georgia. Initially, MWP operated with three business units—Mueller Co., Anvil International, and U.S. Pipe. However, in 2012 Mueller Water Products divested U.S. Pipe to Wynnchurch Capital, Ltd., retaining only the valve and hydrant division, which now operates under the Mueller Co. business unit. Early in 2017 Mueller Water Products sold its Anvil International division to One Equity Partners and also completed the acquisition of Singer Valve, a manufacturer of automatic control valves.


Mission
Our mission is to provide value-added solutions to our customers which will help them protect public health, improve water and wastewater infrastructure, and respond to the global climate crisis.

Vision
Our vision is to be the leading supplier of innovative water distribution, measurement and control technologies, continually striving to reduce water loss, optimize usage and maximize performance for our customers.

Key Team

Mr. Todd P. Helms (Sr. VP & Chief HR Officer)

Mr. Kenji Takeuchi (Sr. VP of Water Management Solutions)

Mr. William A. Cofield (Sr. VP of Operations & Supply Chain)

Ms. Suzanne G. Smith (VP & Chief Accounting Officer)

Mr. Whit Kincaid (Sr. Director of Investor Relations and Corp. Devel.)

Yolanda Kokayi (Director of Communications)

Mr. Chad D. Mize (Sr. VP of Sales & Marketing)


Recognition and Awards
Mueller Water Products has been recognized as one of the Top 100 Most Sustainable Companies by Portland Business Journal and a two-time recipient of the EcoVadis Gold Rating for its sustainability practices, among many others.

References
Mueller Water Products
Leadership team

Mr. John Scott Hall (Pres, CEO & Director)

Ms. Marietta Edmunds Zakas (Exec. VP & CFO)

Mr. Steven S. Heinrichs (Exec. VP, Chief Legal & Compliance Officer and Sec.)

Products/ Services
Building Material, Infrastructure, Water
Number of Employees
1,000 - 20,000
Headquarters
Atlanta, Georgia, United States
Established
2006
Company Registration
SEC CIK number: 0001350593
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
MWA
Social Media
Wed Feb 28 2024
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