Walter Industries Inc. announced on Jan. 31 that its Mueller Water Products subsidiary purchased the operating assets of CCNE, LLC for approximately $8.8 million. Based in Vernon, CT, CCNE is a privately-held contract producer and distributor of check valves used in water and wastewater treatment and distribution systems. The CCNE operations and assets will be consolidated into Milliken Valve Co.'s Bethlehem, PA facility. Milliken is a wholly-owned subsidiary of Mueller.
Earlier in January, Mueller acquired the stock of Hunt Industries Inc. for $6.8 million. Based in Murfreesboro, TN, Hunt is a privately held manufacturer of water meter pits and water meter yokes sold by Mueller.