Mueller Co. profits dip in Q2

Paul Mueller Co.'s (OTC: MUEL) second-quarter profits decreased slightly.

The Springfield-based stainless steel manufacturer posted net income of $11.4 million, a 1.8% decrease from $11.6 million a year earlier, according to a news release. Diluted share earnings of $12.72 were higher than the $12.50 reported in second-quarter 2025.

Net sales were $93.8 million, up from $72.6 million year over year.

"This performance was supported by the continuing high level of work in our pharmaceutical business and strong profitability in our other markets," officials said in the release. "Particularly noteworthy is the strong performance of our Dutch subsidiary, which doubled net income over the prior-year quarter and operates primarily in the dairy farm market."

As of June 30, Mueller Co.'s assets were $228.2 million and backlog was roughly $207 million.

The company's over-the-counter stock closed July 31 at $505.27. That compares with a 52-week range of $340 to $575 per share.