Investment enhances company's position as an industry leading supplier of American-made brass components; strengthens local economy
Decatur, IL - The Economic Development Corporation of Decatur and Macon County (EDC) joins leaders from Mueller Water Products, Inc. ("Mueller" - NYSE: MWA) to announce the company's plans to build a new, state-of-the-art foundry in Decatur.
The foundry, planned for 2700 N. Jasper Street, will be one of the largest state-of-the-art, finished goods brass foundries in the world. The new facility will increase production capacity to meet current and future demands of Mueller customers and the industry.
"Mueller is committed to continuing to build and strengthen our American manufacturing footprint," said Scott Hall, President and Chief Executive Officer of Mueller. "Mueller has been in Decatur since the very beginning, and we are proud of the products that are built by our employees there. The new Decatur foundry is part of a multi-year project that will modernize our facility and provide operational efficiencies that will directly benefit our customers, employees and the local community. We look forward to continued work with the EDC and the city of Decatur."
"We greatly appreciate Mueller for selecting Decatur for this exciting project," says Ryan McCrady, president of the Economic Development Corporation of Decatur and Macon County. "Mueller has been a community partner since its founding in 1857, and their nearly 600 employees are a true representation of our community's dedicated and high-quality workforce. This new foundry not only retains jobs in our community but will create jobs throughout the construction phase in Decatur and Macon County. The foundry will be the first of its kind to be built in the United States in generations."
Up to 250 employees will work at the facility. Construction of the new facility is expected to begin in Fall 2019.
"We applaud Mueller for making this investment in the Decatur community," said Mayor Julie Moore Wolfe, City of Decatur. "This is another great example of growing our economy through our established business base, and we are thankful that Mueller chose Decatur for this new foundry."
About the Economic Development Corporation of Decatur and Macon County
The Economic Development Corporation of Decatur & Macon County (EDC) is a nonprofit public-private partnership responsible for non-retail business attraction, expansion and retention efforts in Decatur & Macon County. Composed of a combination of leading private sector employers, labor, educational institutions and a variety of governmental bodies, the EDC is uniquely positioned to address the needs of Macon County's existing business and employer base along with prospective businesses looking to locate in and around the Decatur, Illinois area. The EDC works with local, state and federal partners to provide economic, technical and training assistance to businesses in the Macon County area.
About Mueller Water Products
Mueller Water Products, Inc. (NYSE: MWA) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, and pipe condition assessment. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. Visit us at http://www.muellerwaterproducts.com.
Mueller refers to one or more of Mueller Water Products, Inc. a Delaware corporation ("MWP"), and its subsidiaries. MWP and each of its subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other. MWP brands include Mueller®, Echologics®, Hydro Gate®, Hydro-Guard®, HYMAX®, Jones®, Krausz®, Mi.Net®, Milliken®, Pratt®, Singer®, and U.S. Pipe Valve & Hydrant. Please see muellerwp.com/brands and krauszusa.com to learn more.
SOURCE: Mueller Water Products