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Debt
9 Months Ended
Sep. 28, 2013
Debt [Abstract]  
Debt
Note 6 – Debt

On September 24, 2013, Mueller-Xingrong entered into a credit agreement (the JV Credit Agreement) with a syndicate of four banks establishing a secured RMB 450 million, or approximately $74.0 million, revolving credit facility with a maturity date of September 24, 2014.  The JV Credit Agreement replaced the previous secured RMB 350 million financing agreement that matured during the quarter.  Borrowings outstanding under the JV Credit Agreement, which were $32.0 million at September 28, 2013, are secured by the real property and equipment of Mueller-Xingrong and bear interest at the latest base-lending rate published by the People’s Bank of China, which was 5.88 percent at September 28, 2013.  The JV Credit Agreement requires lender consent for the payment of dividends.