Mueller Water Products, Inc. is a Delaware corporation that was incorporated
on September 22, 2005 under the name Mueller Holding Company, Inc. It is the
surviving corporation of the merger of Mueller Water Products, LLC and Mueller
Water Products Co-Issuer, Inc. with and into Mueller Holding Company, Inc. on
February 2, 2006, when we changed our name to Mueller Water Products, Inc. On
June 1, 2006, we completed an initial public offering of 28,750,000 shares of
Series A common stock.
We are a leading manufacturer and marketer of products and services used in
the transmission, distribution and measurement of water in North America. Our
products and services are used by municipalities and the residential and non-residential
construction industries. Certain of our products have leading positions due
to their strong brand recognition and reputation for quality, service and innovation.
We believe we have one of the largest installed bases of iron gate valves and
fire hydrants in the United States. Our iron gate valve or fire hydrant products
are specified for use in the largest 100 metropolitan areas in the United States.
Our large installed base, broad product range and well-known brands have led
to long-standing relationships with the key distributors and end users of our
products.
Mueller Co.
Mueller Co. manufactures valves for water and gas systems, including iron gate,
butterfly, tapping, check, knife, plug and ball valves, as well as dry-barrel
and wet-barrel fire hydrants and a broad line of pipe repair products, such
as clamps and couplings used to repair leaks. Sales of Mueller Co. products
are driven principally by spending on water and wastewater infrastructure upgrade,
repair and replacement, and by construction of new water and wastewater infrastructure,
which is typically associated with construction of new residential communities.
Mueller Co. sells its products primarily through waterworks distributors.
Anvil
Anvil manufactures and sources a broad range of products, including a variety
of fittings, couplings, hangers, valves and related products for use in non-residential
construction (including HVAC and fire protection applications), industrial,
power and oil & gas end markets. Anvil sells its products primarily through
distributors that resell to a wide variety of end users. Anvil services these
distributors primarily through its distribution centers.
Mueller Technologies
Mueller Technologies companies offer residential and commercial water metering
products and systems and water leak detection and pipe condition assessment
products and services. Mueller Technologies is comprised of the Mueller Systems
and Echologics businesses. Mueller Systems sells water metering systems, products
and services directly to municipalities and to waterworks distributors. Echologics
sells water leak detection and pipe condition assessment products and services
primarily to end users.
Our business strategy is to capitalize on the large, attractive and growing
water infrastructure markets. Key elements of this strategy are as follows:
Continue to maintain our leadership positions with our customers and end users
We plan to maintain our leadership positions with our customers and end users
by leveraging our brands and large installed base; our valve or fire hydrant
products’ specification in the 100 largest metropolitan areas in the United
States; our established and extensive distribution channels; and our broad range
of leading water infrastructure, flow control and piping component system products,
as well as by developing and introducing additional products and services.
Continue to enhance operational excellence
We will continue to pursue superior product engineering, design and manufacturing
by investing in technologically advanced manufacturing processes. We will continue
to expand the use of Lean manufacturing and Six Sigma business improvement methodologies
where appropriate to safely capture higher levels of quality, service and operational
efficiency. We will also continue to evaluate outsourcing or insourcing certain
products wherever doing so will lower our costs while maintaining high quality
and service levels.
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