Paul Mueller Company announced that on November 28, 2011, Springfield Brewing Company, a brewery and restaurant which it has operated since 1997 in Springfield, Missouri, was sold to Front Row Property LLC. The selling price was $3,000,000 which included a promissory note for $400,000 payable over five years. Springfield Brewing Company is a showcase of Paul Mueller Company’s expertise in brewery systems, automation and integration, and fabrication.
This press release contains forward-looking statements that provide current expectations of future events based on certain assumptions. All statements regarding future performance growth, conditions or developments are forward-looking statements. Actual future results may differ materially from those described in the forward-looking statements due to a variety of factors, including but not limited to the factors described on page 32 of the Company’s 2010 Annual Report. The Company expressly disclaims any obligation or undertaking to update these forward-looking statements to reflect any future events or circumstances.