Mueller Paul Stock Price, News & Analysis

Paul Mueller Company (OTC: MUEL) has announced a $17.9 million expansion project, adding 20,000 square feet to its Components Products facility. This expansion will enhance the company's capacity for producing tank heads, cones, and shells, while enabling production of thicker materials to access new markets.

This marks the second expansion following an 11,000-square-foot addition announced in November 2023. Additionally, the company is constructing a 100,000-square-foot building, announced in July 2024, dedicated to modular construction of large pharmaceutical and processing equipment, expected for completion in early 2026.

The expansions aim to achieve gains through advanced manufacturing technologies, new market development, and enhanced employee amenities. Mueller's operations span across Iowa, the Netherlands, and Vietnam, focusing on processing equipment for dairy farms, food and beverage, pharmaceutical, and chemical facilities.

Paul Mueller Company (OTC: MUEL) has announced a significant share repurchase program through a tender offer to buy back up to 60,000 shares at $250 per share, with a maximum aggregate purchase price of $15 million.

The tender offer will commence on March 31, 2025, and conclude on May 7, 2025, at 5:00 CDT, unless extended. Shareholders with physical certificates will receive mailed instructions from Computershare, Inc., while those holding shares in street name will be contacted by their brokers regarding the tender offer process.

The Board of Directors initiated this program to demonstrate the company's commitment to returning excess cash and providing additional liquidity to shareholders. Computershare, Inc. and Computershare Trust Company, N.A. will serve as the Depositary, with Georgeson acting as Information Agent for the tender offer.

Paul Mueller Company (OTC Pink: MUEL) has released its fourth quarter and full-year 2024 earnings report. The company reported improved non-GAAP adjusted earnings before tax (EBT) compared to 2023's strong performance, both for the three-month and twelve-month periods.

The improvement was primarily driven by strong performance in the pharmaceutical and food and beverage divisions. The company's Dutch subsidiary, Mueller B.V., was affected by euro-to-dollar exchange rates, which stood at 1.04 in December 2024 compared to 1.10 in December 2023.

The company also disclosed a reclassification of certain marketable securities to cash and cash equivalents, affecting $5,264,000 for 2023 and $2,789,000 for 2022, to better reflect short-term liquidity position. Additionally, an intercompany interest elimination error from Q2 was corrected, though this had no impact on net income.

Paul Mueller Company (OTC: MUEL) has announced a quarterly cash dividend declaration by its Board of Directors. The dividend of $0.23 per share was unanimously approved on February 7, 2025, and will be payable on March 28, 2025. Shareholders of record as of February 28, 2025, will be eligible to receive this dividend payment.

Paul Mueller Company (OTC: MUEL) has announced a quarterly cash dividend of $0.23 per share on its outstanding common stock. The dividend declaration was unanimously approved by the Board of Directors on November 11, 2024. Shareholders of record as of November 27, 2024, will receive the dividend payment on December 27, 2024.

Paul Mueller Company (MUEL) reported strong Q3 2024 financial results with net sales of $62.1 million, up 8.8% from $57.1 million in Q3 2023. Net income increased to $7.3 million ($7.77 per share) from $5.5 million ($5.07 per share) year-over-year. Nine-month revenue reached $178.1 million, up 2.7% from 2023. The company's backlog significantly increased to $171.5 million, up from $97.4 million last year, primarily driven by pharmaceutical divisions. A facility expansion of over 100,000 square feet at $22 million cost was announced, with completion scheduled for end of 2025.

Paul Mueller Company (OTC: MUEL) has broken ground on a new $22 million facility at its Springfield, MO headquarters, set to create 133 new jobs. The expansion includes a 100,000-square-foot building with 60,000 square feet of clear-span, climate-controlled production area, doubling the company's R&D space. This investment aims to increase capacity for large production module assembly and enhance innovation capabilities.

The new facility, designed for energy efficiency, will also offer improved employee amenities and advanced training opportunities. Paul Mueller Company will benefit from the Missouri Works program and receive assistance from Missouri One Start for recruitment and training needs. The expansion is expected to strengthen Springfield's reputation as a leader in stainless steel manufacturing and contribute to the local economy's growth.

Paul Mueller Company (OTC: MUEL) has announced a quarterly cash dividend of $0.23 per share on its outstanding common stock. The decision was made by the Board of Directors on August 9, 2024. Shareholders of record as of August 26, 2024, will receive the dividend payment on September 27, 2024. This announcement demonstrates the company's commitment to returning value to its shareholders and may indicate financial stability. However, investors should consider the sustainability of dividend payments and their impact on the company's cash reserves.

Paul Mueller Company (OTC Pink: MUEL) has announced a $20 million expansion of its facilities at its Springfield, MO headquarters. The expansion is driven by record backlog growth over the past 24 months and strong financial performance. The new facility will add 100,000 square feet of space dedicated to production and enhancing research and development initiatives.

Construction is scheduled to begin in fall 2024 and complete in fall 2025. This investment in infrastructure aims to sustain the company's ongoing expansion. Paul Mueller Company, with operations in Iowa, The Netherlands, and Vietnam, builds innovative processing equipment for dairy farms, food and beverage, pharmaceutical, and chemical facilities worldwide.