Mueller Year-End Update
Dec. 8, 2010 (GlobeNewswire) --
SPRINGFIELD, Mo., Dec. 8, 2010 (GLOBE NEWSWIRE) -- The Paul Mueller Company(Pink Sheets:MUEL) announced today that all domestic production facilities would remain open throughout the holiday season in order to support customer commitments and its ongoing workload. This includes manufacturing facilities in Springfield, Missouri, and Osceola, Iowa. Domestic operations will observe employee holidays: Thursday, December 23rd, Friday, December 24th, Thursday, December 30th, and Friday, December 31st.
European manufacturing facilities in Lichtenvoorde, The Netherlands, will close as scheduled for two weeks during the holidays. Business remains strong for the European operations; therefore, the European sales and service organizations will be in full operation during the holidays. As Paul Mueller Company closes out 2010, domestic operations are experiencing a modest increase in new bookings.
Since February, 2010, Paul Mueller Company has increased its domestic production personnel by over 48% in its Osceola facility, and approximately 25% in the Springfield facilities. The Company expects to enter 2011 with a higher global backlog of approximately 11% as compared to the beginning of 2010.
We wish all of our Employees, Shareholders, Customers, Suppliers, and Friends a very happy holiday season!
Matt Detelich
President & CEO
This press release contains forward-looking statements that provide current expectations of future events based on certain assumptions. All statements regarding future performance growth, conditions or developments are forward-looking statements. Actual future results may differ materially from those described in the forward-looking statements due to a variety of factors, including but not limited to the factors described on page 33 of the Company's 2009 Annual report. The Company expressly disclaims any obligation or undertaking to update these forward-looking statements to reflect any future events or circumstances.
CONTACT: Paul Mueller Company
Springfield, Missouri
Michael W. Young, Director of Human Resource
(417) 831-3000
Source: Globe Newswire (December 8, 2010 - 3:23 PM EST)
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