Projected Annual Cost Savings of Approximately $7 million from Restructuring
Changes to Leadership Team Announced
ATLANTA, Sept. 07, 2017 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE:MWA) today announced its strategic reorganization plan designed to accelerate its product innovation and revenue growth. The plan re-configures the Companys divisional structure around products, with five business teams that have line and cross-functional responsibility for managing distinct product portfolios. Under the new organizational structure, engineering, operations, sales & marketing and other functions will be centralized to better align with business needs and generate greater efficiencies.
As a result of the restructuring and …
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