Company Description
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide.
The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment.
Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks.
The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications.
This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure.
The Distribution segment sells to and provides presale support and specifications to the installing contractors.
It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives.
Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.
| Country | United States |
| Founded | 1944 |
| Industry | Specialty Industrial Machinery |
| Sector | Industrials |
| Employees | 6,400 |
| CEO | Gregg C. Sengstack |
Contact Details
Address: 9255 Coverdale Road Fort Wayne, Indiana 46809 United States | |
| Phone | (260) 824-2900 |
| Website | franklin-electric.com |
Stock Details
| Ticker Symbol | FELE |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000038725 |
| CUSIP Number | 353514102 |
| ISIN Number | US3535141028 |
| Employer ID | 35-0827455 |
| SIC Code | 3621 |
Key Executives
| Name | Position |
|---|---|
| Gregg C. Sengstack | Chairman and Chief Executive Officer |
| Jeffery L. Taylor | Vice President and Chief Financial Officer |
| Jonathan M. Grandon | Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary |
| DeLancey W. Davis | Vice President and President of Headwater Companies |
| Jay J. Walsh | Vice President and President of Fueling Systems |
| Greg Michael Levine | Vice President and President of Global Water |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 19, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Mar 19, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 8, 2024 | 144 | Filing |
| Feb 26, 2024 | 144 | Filing |
| Feb 23, 2024 | 10-K | Annual Report |
| Feb 13, 2024 | 8-K | Current Report |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | 8-K | Current Report |
| Jan 22, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 22, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |