Mueller Industries acquires Bison Metals Technologies, terms not disclosed

Mueller Industries (MLI) announced that it has acquired Bison Metals Technologies. Bison is a U.S. manufacturer of copper tubes, with its sole manufacturing location in Shawnee, Oklahoma. Regarding the acquisition, Greg Christopher, Mueller’s CEO said, “The addition of Bison to the Mueller group expands our domestic tube manufacturing capacity, broadens our industrial tube manufacturing capabilities and importantly, enhances our ability to produce tube that is utilized as feedstock for certain of our value-added products. This capability will help mitigate tariff costs we currently incur on feedstock that is manufactured at our foreign subsidiaries for eventual use by our U.S. production operations.”