Mueller Industries, Inc. (NYSE: MLI) has announced the acquisition of Elkhart Products Corporation (EPC), a U.S. manufacturer specializing in copper solder fittings. EPC operates two manufacturing facilities located in Elkhart, Indiana, and Fayetteville, Arkansas.
Mueller’s CEO, Greg Christopher, commented, “The addition of EPC is expected to significantly boost the recovery of our copper fittings business in Covington, Tennessee, which was severely affected by a tornado in March 2023. This acquisition will not only enhance and diversify our current operations but also provide redundant capabilities in solder fittings manufacturing.”
Mueller Industries, Inc. is a global industrial corporation involved in producing essential products for various markets, including air, water, oil and gas distribution; climate control; food preservation; energy transmission; medical; aerospace; and automotive sectors. The company operates a network of brands and subsidiaries across North America, Europe, Asia, and the Middle East.
This announcement includes forward-looking statements that involve risks and uncertainties. These risks include the ability to realize the anticipated benefits of the acquisition, economic and currency conditions, raw material and energy availability, market demand, pricing, competitive and technological factors, and financing availability, among others, as detailed in the Company’s SEC filings. Words such as “outlook,” “estimate,” “project,” “intend,” “expect,” “believe,” “target,” “encourage,” “anticipate,” and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these statements, which reflect the company’s plans as of the report date and are subject to change. The Company is not obligated to publicly update or revise any forward-looking statements based on subsequent events.