Mueller Industries

Mueller Industries Overview

Company Headquarters: Tennessee, US

Founded: 1917

Workforce: ~ 4,964

Company Working:

Mueller Industries specializes in copper and copper alloy manufacturing and producing goods from steel, aluminum, and plastics. It offers copper tube and fittings, aluminum and brass forgings, brass and copper alloy rods and bars, aluminum and copper impact extrusions, refrigeration valves and fittings, fabricated tubular products, and plastic fittings and valves. It has a network of operations in North America, Europe, Asia-Pacific, and the Middle East. It supplies products into sectors such as building construction, defense, appliance, energy, and automotive.

Strategy

Mueller Industries focuses on expanding its presence in Europe through partnerships with and acquisition of local players. The company invests in brass production as per consumer demands. Furthermore, it plans to strengthen its product portfolio by investing in research and development. Moreover, it also focuses on strengthening its supply and distribution network in the Europe market to cater to more customers and increase its market share in the Europe brass market.

Company Snapshot

$2,266M

Revenue

4,964

Employees

1917

Founded

Tennessee, US

Headquarters

SWOT Analysis

Strengths

Global presence
Diversified product portfolio
Strong brand image

Weaknesses

Highly dependent on domestic market

Opportunities

Merger with and acquisition of key players in the untapped European market

Threats

Growing number of regional and local market players
Fluctuating currency rates

Key Developments

Date	Approach	Development
February 2016	Acquisition	Mueller Industries, Inc. signed an agreement to purchase 60 percent equity interest in Jungwoo Metal Ind. Co., Ltd (South Korea), a manufacturer of copper-based pipe joining products.

Product Offering

Mueller Industries
- Brass

Financial Performance

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