Paul Mueller Company's Hidden Profits, Troubling Balance Sheet - MUEL
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Paul Mueller Company manufactures stainless steel tanks, equipment and processing systems for a variety of industries, most significantly the dairy industry. The company was badly hurt by the financial crisis, but is in the midst of a turnaround. The strong success of this turnaround has been obscured by one-time charges and a loss-making division. Despite these positive trends, the company's balance sheet is weak with high debt and a large pension deficit.
Paul Mueller Company's Hidden Profits, Troubling Balance Sheet - MUEL
Paul Mueller Company's Hidden Profits…
Paul Mueller Company's Hidden Profits, Troubling Balance Sheet - MUEL
Paul Mueller Company manufactures stainless steel tanks, equipment and processing systems for a variety of industries, most significantly the dairy industry. The company was badly hurt by the financial crisis, but is in the midst of a turnaround. The strong success of this turnaround has been obscured by one-time charges and a loss-making division. Despite these positive trends, the company's balance sheet is weak with high debt and a large pension deficit.