Acquisition Announcement - Mueller Industries, Inc. has acquired Bison Metals Technologies LLC, a U.S. manufacturer of copper tubes located in Shawnee, Oklahoma [1][2] - The acquisition is expected to expand Mueller's domestic tube manufacturing capacity and enhance its industrial tube manufacturing capabilities [2] Strategic Benefits - CEO Greg Christopher stated that the acquisition will help mitigate tariff costs currently incurred on feedstock manufactured at foreign subsidiaries [2] - The added capability will support the production of tube utilized as feedstock for Mueller's value-added products [2] Financial Performance - For the fourth quarter of 2025, Mueller reported net sales of $962.4 million, a 4.2% increase from $923.5 million in the fourth quarter of 2024 [6] - Operating income for the same period was $172.0 million, up 1.0% from $170.3 million [6] - Net income increased by 11.6% to $153.7 million compared to $137.7 million in the previous year [6] - Diluted EPS rose by 14.0% to $1.38 from $1.21 [6] Dividend Increase - Mueller Industries announced a 40% increase in its quarterly dividend, declaring a cash dividend of $0.35 per share, payable on March 27, 2026 [5] - This marks the sixth consecutive year of double-digit increases in the quarterly dividend [5]