Debt

9 Months Ended

Oct. 01, 2011

Debt [Abstract]

Debt

Note 7 – Debt

On March 7, 2011, the Company entered into a Credit Agreement (Credit Facility) with a syndicate of banks establishing a $350 million revolving credit facility, which matures March 7, 2016.  The Credit Facility contains similar provisions and replaces the Company’s prior credit agreement dated December 1, 2006.

On July 29, 2011, Mueller-Xingrong entered into a credit facility with a syndicate of four banks establishing a secured RMB 350 million, or approximately $54.4 million, revolving credit facility with a maturity date of July 28, 2012.