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Milwaukee Valve will continue to operate separately as a wholly-owned subsidiary of NIBCO, with no changes to its sales, customer service, administrative, manufacturing, or distribution operations.
The strategic acquisition of these companies brings together resources and experience to work closely with customers and OEMs to help identify and develop new HVAC tools, valves and fittings to meet unique and demanding requirements.
For more than 50 years, the company has been manufacturing valves for use on a wide variety of U.S. Navy warships, including all 11 of the fleet carriers currently in service.
The study will help companies in knowing whether they are paying their employees fairly, which will in turn help reduce employee turnover and retain good talent.
Construction unemployment data from the U.S. Bureau of Labor Statistics indicates that as of the beginning of the fourth quarter, construction unemployment equaled its lowest monthly level reported in over a decade.