Mueller Industries, Inc. Announces the Acquisition of Assets of Tube Forming, L.P.

By Mueller Industries Inc., PRNE
Tuesday, January 4, 2011

MEMPHIS, Tennessee, January 5, 2011 - Mueller Industries, Inc. (NYSE: MLI), announced today that the Company
acquired various operating assets of Tube Forming, L.P. (TFI), a subsidiary
of Wolverine Tube, Inc., effective December 28, 2010. TFI primarily serves
the Heating, Air Conditioning and Refrigeration (HVACR) market in North
America
. The acquired assets include inventories, production equipment as
well as factory leaseholds. TFI has operations in Carrollton, Texas, and
Guadalupe, Mexico, where it produces precision copper return bends and
crossovers, and custom-made tube components and brazed assemblies, including
manifolds and headers. TFI's estimated net sales for 2010 were approximately
$35 million. Mueller paid approximately $6.9 million for the assets and the
purchase price was funded with existing cash on hand.

Mueller Industries, Inc. is a leading manufacturer of copper tube and
fittings; brass and copper alloy rod, bar and shapes; aluminum and brass
forgings; aluminum and copper impact extrusions; plastic fittings and valves;
refrigeration valves and fittings; and fabricated tubular products. Mueller's
operations are located throughout the United States and in Canada, Mexico,
Great Britain, and China. Mueller's business is importantly linked to: (1)
the construction of new homes; (2) the improvement and reconditioning of
existing homes and structures; and (3) the commercial construction market
which includes office buildings, factories, hotels, hospitals, etc.

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Statements in this release that are not strictly historical may be
"forward-looking" statements, which involve risks and uncertainties. These
include economic and currency conditions, continued availability of raw
materials and energy, market demand, pricing, competitive and technological
factors, and the availability of financing, among others, as set forth in the
Company's SEC filings. The words "outlook," "estimate," "project," "intend,"
"expect," "believe," "target," and similar expressions are intended to
identify forward-looking statements. The reader should not place undue
reliance on forward-looking statements, which speak only as of the date of
this report. The Company has no obligation to publicly update or revise any
forward-looking statements to reflect events after the date of this report.

Kent McKee, +1-901-753-3208

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