NEW YORK, NY -- (Marketwire) -- 11/13/12 -- Companies involved in the provision of industrial equipment and components, such as Pentair Inc. and Mueller Water Products Inc., have been enjoying some positive industry dynamics recently. The pickup in residential construction and municipal water spending bode well for the industry moving forward; although, unfavorable currency exchange remains a headwind as do material inflation and higher labor costs. Get your free reports on Pentair Inc. and Mueller Water Products Inc. at http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.
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In the case of Pentair, on September 28th the company completed its tie-up with the flow control business of Tyco International. While this dragged down third quarter earnings, the integration is expected to enhance the Pentair's position in fast growth regions. Net income for the third quarter came in at $30.4 million as compared to $51.1 million a year ago. Pentair has also been working hard to furnish the devastated East Coast with emergency pumps and other products. Pentair Inc. report is accessible for free by registering today at
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Meanwhile, Mueller recently reported its fiscal fourth quarter results. Net sales gained 9.7 percent year-over-year on the back of higher shipment volumes to $281.1 million, while operating income increased 79.5 percent to $21.9 million. In the coming quarters, Mueller could stand to benefit from increasing spending on the ageing U.S. water infrastructure which some estimate will require $1 trillion worth of maintenance and repair by 2035. Mueller Water Products Inc. report is accessible for free by registering today at
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