SPRINGFIELD, Mo., April 23, 2007 (PRIME NEWSWIRE) -- Paul Mueller Company (Pink Sheets:MUEL) signed a new three-year agreement with the Sheet Metal Workers Union Local 208 on April 23, 2007, after several weeks of negotiations. The new contract contains wage increases, improved benefits, and provisions that the Company expects will help it to achieve better utilization of manpower.
Paul Mueller Company is a manufacturer of high-quality stainless steel equipment used in over 100 countries worldwide on dairy farms and in a wide variety of industrial applications, including food, dairy, and beverage processing; pharmaceutical, biotechnological, and chemical processing; water distillation; heat transfer; HVAC; heat recovery; process cooling; and thermal energy storage.
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 28 of the Company's 2006 Annual Report. The Company expressly disclaims any obligation or undertaking to update these forward-looking statements to reflect any future events or circumstances.