Franklin Electric (NASDAQ:FELE) Co., Inc. (NASDAQ: FELE) is a global manufacturer and distributor of systems and components used to move, manage and control water and other fluids. Founded in 1944 and headquartered in Bluffton, Indiana, the company originally focused on submersible electric motors and has expanded into a broader range of fluid-handling technologies.
Franklin Electric’s Water Systems business supplies submersible pumps, motors, drives, controls, monitoring equipment and related products for residential, commercial, agricultural, municipal and industrial applications. Its products support groundwater pumping, water pressure management, irrigation, wastewater handling and other water and fluid-management needs.
Through its Fueling Systems business, the company provides equipment and technologies for fuel storage and dispensing applications. Its offerings include underground fuel pumps, electronic controls, piping systems, leak detection and other equipment used at retail fueling stations and commercial fueling facilities.
Franklin Electric serves customers through manufacturing, distribution and sales operations in North America, Latin America, Europe, Africa, Asia and Australia. The company markets its products through distributors, original equipment manufacturers, contractors and other channel partners. Gregg C. Seng serves as president and chief executive officer.