SPRINGFIELD, Mo., Nov. 4, 2011 (GLOBE NEWSWIRE) -- Paul Mueller Company (Pink Sheets:MUEL) announced today that William R. Patterson has informed the Company of his intention to retire from the Board of Directors effective January 1, 2012. Mr. Patterson has served on the Board of Directors since 1997, and has served multiple terms as Chairman of the Board, as well. In preparation for his retirement, Mr. Patterson stepped down as Chairman of the Board effective October 27, 2011.
"I have had the pleasure of working with Mr. Patterson since our first year on the Board of Directors. I appreciate the guidance that he has provided me and the Company during those years. I am pleased to be able to thank him and congratulate him on his retirement," stated David T. Moore, President and Chief Executive Officer.
Paul Mueller Company also announced that Donald E. Golik was elected Chairman of the Board at the regular board meeting held October 27, 2011. Mr. Golik has been a Board member since 1982, and served as Chief Financial Officer of the Company for more than 31 years until his retirement on June 30, 2011.
Paul Mueller Company is a manufacturer of high quality stainless steel equipment used in over 100 countries worldwide on dairy farms and in wide varieties of industrial applications, including food, dairy, and beverage processing; pharmaceutical, biotechnological, and chemical processing; water distillation; heat transfer; heat recovery; HVAC; and process cooling.