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FELE - Franklin Electric Co Inc.


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Franklin Electric Co Inc. logo

Franklin Electric Co., Inc., headquartered in Fort Wayne, Indiana, is a global leader in designing, manufacturing, and distributing water and fuel pumping systems through its subsidiaries worldwide. Organized into three core segments Water Systems, Fueling Systems, and Distribution the company specializes in providing essential solutions across diverse sectors.

The Water Systems segment offers a wide array of submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and associated parts. These products cater to residential, agricultural, municipal, and industrial applications, facilitating the efficient pumping of clean water and wastewater. Additionally, the segment manufactures electronic drives and controls that enhance motor functionality and safeguard against electrical surges and overheating.

In the Fueling Systems segment, Franklin Electric provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, and monitoring devices tailored for fueling system applications. This segment also extends its offerings to power reliability systems and electronic devices crucial for monitoring power utility, hydroelectric, telecommunication, and data center infrastructures.

The Distribution segment engages in direct sales to wholesale and retail distributors, specialty distributors, original equipment manufacturers (OEMs), industrial and petroleum equipment distributors, and utility companies. It offers presale support, specifications, and a range of products sourced primarily from the Water Systems segment. Franklin Electric Co., Inc. leverages a robust network of employee sales teams and independent manufacturing representatives to ensure widespread market penetration and customer satisfaction since its establishment in 1944.

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Stock Sector: Manufacturing: Industrial Electrical Equipment

 

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