Mueller Water Products to cut execs’ pay, furlough workers (Atlanta Journal-Constitution)

In recent weeks, the U.S. recession and global economic slowdown have led to a parade of layoff announcements by some companies while others have fled into the arms of federal bankruptcy protection. But one Atlanta company hurt by the recession is trying to buck that trend. Mueller Water Products, which last week reported a net loss of $400 million, will temporarily furlough all employees at its …