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Profile: Mueller Water Products Inc (MWA.N)

MWA.N on New York Stock Exchange

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27 Mar 2017
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Mueller Water Products, Inc., incorporated on September 22, 2005, is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. The Company operates through three segments: Mueller Co., Anvil and Mueller Technologies. The Mueller Co. segment manufactures valves for water and gas systems, and dry-barrel and wet-barrel fire hydrants. The Anvil segment manufactures and sources a range of products, including a range of fittings, couplings, hangers and related products. The Mueller Technologies segment offers metering systems, leak detection, pipe condition assessment and other products and services for the water infrastructure industry. The Mueller Technologies segment includes Mueller Systems and Echologics businesses. The Company offers a range of water infrastructure, flow control and piping component system products and services in the United States and Canada. The Company's products and services are used by municipalities, and the residential and non-residential construction industries. The Company's subsidiaries include Mueller Co., Anvil and Mueller Technologies.

Mueller Co.

Mueller Co.'s valves for water and gas systems include Iron Gate, butterfly, tapping, check, knife, plug and ball valves. It sells these products under a range of brand names, including Mueller and U.S. Pipe Valve and Hydrant. These valve products are used to control transmission of potable water, non-potable water or gas. Water valve products range in size from 0.75 inches to 36 inches in diameter. Mueller Co. also manufactures valves as custom order work through its Henry Pratt business unit. Most of these valves are used in water transmission or distribution, water treatment facilities or industrial applications. Mueller Co. also produces small valves, meter bars and line stopper fittings for use in gas systems, as well as machines and tools for tapping, drilling, extracting, installing and stopping-off, which are designed to work with its water and gas fittings and valves as an integrated system.

Mueller Co. sells fire hydrants for new water infrastructure development, fire protection systems, and water infrastructure repair and replacement projects. These fire hydrants consist of an upper barrel and nozzle section, and a lower barrel and valve section that connects to a water main. In dry-barrel hydrants, the valve connecting the barrel of the hydrant to the water main is located below ground at or below the frost line, which keeps the upper barrel dry. Mueller Co. sells dry-barrel fire hydrants under the Mueller, and U.S. Pipe Valve and Hydrant brand names in the United States and the Mueller Canada Valve brand name in Canada. Mueller Co. also makes wet-barrel hydrants, where the valves are located in the hydrant nozzles and the barrel contains water at all times. Wet-barrel hydrants are made for warm weather climates, such as in California and Hawaii, and are sold under the Jones brand name. Mueller Co. also sells pipe repair products, such as clamps and couplings used to repair leaks, under the Mueller and Jones brand names. As of September 30, 2016, Mueller Co. operated nine manufacturing facilities located in the United States and China.

Anvil

Anvil offers various fittings, couplings, hangers, valves and related piping component system products for use in non-residential construction (including heating, ventilating and air conditioning (HVAC), and fire protection applications), industrial, power, and oil and gas end markets. Anvil manufactures five categories of pipe fittings and couplings: Cast Iron Fittings; Malleable Iron Fittings and Unions; Grooved Fittings, Couplings and Valves; Threaded Steel Pipe Couplings, and Nipples. Anvil's steel pipe nipple product line is a product offering that is packaged with cast iron fittings for fire protection products, malleable iron fittings for industrial applications and its forged steel products for oil and gas, and chemical applications. Anvil manufactures a range of pipe hangers and supports. Its standard pipe hangers and supports are used in fire protection sprinkler systems and HVAC applications. Anvil distributes other products, including forged steel pipe fittings, hammer unions, bull plugs and swage nipples that are used to connect pipe in oil and gas applications. Anvil also sells pipe fabrication machines directly to customers in the fire protection industry. As of September 30, 2016, Anvil operated nine manufacturing facilities located in the United States.

Mueller Technologies

Mueller Technologies provides solutions, products and services that diagnose, monitor and control the delivery of water. Its Mueller Systems manufactures and sources various water technology products under the Mueller Systems and Hersey brand names that are designed to help water providers measure and control water usage. Mueller Systems offers a range of residential, fire line and commercial metering solutions. Residential and commercial water meters are classified as either manually read meters or remotely read meters through radio technology. A manually read meter consists of a water meter and a register that gives a visual meter reading display. Meters equipped with radio transmitters (endpoints) use encoder registers to convert the measurement data from the meter (mechanical or static) into an encrypted digital format, which is then transmitted through radio frequency to a receiver that collects and formats the data for water utility billing systems. These remotely read, or mobile, systems are either automatic meter reading (AMR) systems, where equipment for meter reading purposes, including a radio receiver, computer and reading software, collects the data from utilities' meters or fixed network advanced metering infrastructure (AMI) systems, where data is gathered utilizing a network of permanent data collectors or gateway receivers that are always active or listening for the radio transmission from the utilities' meters. Mueller Systems sells both AMR and AMI systems and related products. Mueller Systems' remote disconnect water meter enables the water flow to be stopped and started remotely through handheld devices or from a central operating facility.

Its Echologics develops technologies and offers products and services under the Echologics brand name that can non-invasively (without disrupting service or introducing a foreign object into the water system) detect underground leaks and assess the condition of water mains consisting of various materials. Echologics leverages its acoustic technology to offer leak detection and condition assessment surveys. Echologics offers a fixed leak detection service that allows customers to continuously monitor and detect leaks on water transmission mains. As of September 30, 2016, Mueller Systems operated one manufacturing facility in the United States and contracted with a manufacturing facility in Mexico. Mueller Systems designs, manufactures and assembles water metering products in Cleveland, North Carolina, and designs and supports AMI systems in Middleborough, Massachusetts. Echologics designs leak detection and condition assessment products in Toronto, Ontario.

The Company competes with McWane, Inc., American Cast Iron Pipe Company, The Ford Meter Box Company, Inc., A.Y. McDonald Mfg. Co., Ward Manufacturing L.L.C., Victaulic Company, Tyco International Ltd., ERICO International Corporation, Cooper Industries plc, Carpenter & Paterson, Inc., Sensus, Neptune Technology Group, Inc., Badger Meter, Inc., Aclara LLC, Itron, Inc, Pure Technologies Ltd., Gutermann AG and Syrinix Ltd.

Company Address

Mueller Water Products Inc

1200 Abernathy Rd
ATLANTA   GA   30328-5662
P: +1770.2064200
F: +1302.6555049

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