Nov. 1, 2013: CMC Sells Howell Metal Subsidiary to Mueller
Howell Metal Manufactures Copper Tubing for Plumbing, HVAC, and Refrigeration Applications
IRVING, Texas — Commercial Metals Company (CMC) announced that it has completed the sale of 100 percent of the stock of its wholly-owned subsidiary, Howell Metal Company, to Mueller Copper Tube Products Inc., a subsidiary of Mueller Industries Inc., for a purchase price of approximately $58.5 million, subject to customary purchase price adjustments.
Howell Metal manufactures copper tubing for plumbing, HVAC, and refrigeration applications.