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Yep. It's ductile iron, and competitors is probably right since it's down to American, McWane, Griffin, and U.S. Pipe. Of those, McWane is taking it on the chin in the regulation area but has deep pockets & protection from their owner (Walters Industries). U.S. Pipe is darned close to death and word has it they were weeks away from closing the doors during the recent price wars last summer/fall. The other two are pretty darned strong.


McWane does have deep pockets and they are taking it on the chin, but they do deserve it. They are a crooked bunch. McWane is owned by the McWane family. Not to bad owning a 2B$ company. US Pipe is owned by Walter Industries, but they have somehow spun them off and combined them with Mueller to have a complete waterworks package. Lots of debt there though, so they may have a tough time pulling it off. Prices may suffer as they seek market share.

That leaves Griffin and ACIPCO. Perhaps we work for the same company. I'm on the sales and applications side.

Later

V

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