Mueller Industries: More than just Pipes: How the Industrial Group Outperforms the Competition through Vertical Integration

The core business in piping systems, industrial metals, and HVAC components structurally benefits from global infrastructure projects and the need to renovate aging supply systems. The Climate segment is directly involved in the technological shift towards energy efficiency and the rising global demand for cooling, providing a stable growth impulse. The company is able to effectively pass on rising raw material costs to its customers through price increases, albeit with a delay, which stabilizes gross margins. Mueller Industries (NYSE:...