Franklin ElectricInc (FELE) - Stock & Dividends

Franklin Electric Co., Inc. and its subsidiaries create, produce, and distribute water and fuel pumping systems around the globe. The company operates through three key segments: Water Systems, Fueling Systems, and Distribution.

The Water Systems division provides submersible motors, drives, pumps, controls, water treatment systems, monitoring devices, and related components. These products are utilized for clean water and wastewater pumping across residential, agricultural, municipal, and industrial sectors. Additionally, the segment offers electronic drives and controls to safeguard motors from various risks like electrical surges and overheating.

The Fueling Systems arm supplies pumps, pipes, fittings, vapor recovery components, and electronic controls for fueling system applications. This segment extends its reach to energy markets and provides monitoring devices for infrastructure systems in power utility, hydroelectric, telecommunication, and data centers.

The Distribution segment offers sales, pre-sale support, and specifications to contractors, distributing products from the Water Systems segment. Franklin Electric Co., Inc. delivers its products to various channels such as wholesale and retail distributors, original equipment manufacturers, industrial suppliers, petroleum equipment distributors, and utility companies through a combination of in-house sales personnel and independent reps.

Established in 1944 and headquartered in Fort Wayne, Indiana, Franklin Electric Co., Inc. continues to be a leading player in the water and fuel pumping systems industry. To learn more, visit their website at https://www.franklin-electric.com.