Walter Industries Inc. - WLT- Profile

Walter Industries Inc. The Group's principal activities are offering a diversified line of products and services. The Group operates in five segments: Homebuilding, Financing, Industrial Products, Natural Resources and Other. The homebuilding segment markets and supervises the construction of detached, single-family residential homes, primarily in the southern United States. The financing segment provides mortgage financing on such homes. The industrial products segment manufactures and markets ductile iron pressure pipe, fittings, valves and hydrants. The national resources segment includes coal mining and methane gas operations. The Other segment manufactures and distributes furnace and foundry coke to the domestic steel industry as well as to the ductile iron foundries, and also manufactures specialty chemicals and slag fiber. On 03-Oct-2005, it acquired Mueller Water Products, Inc. Industrial products acctd for 30% of 2005 gross revs; Natural Resources, 26%; Financing, 11%; Homebuilding, 11%; & Oth, 22%