Franklin Electric Co Inc - Company Profile
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Business Description
Franklin Electric Co Inc (Franklin Electric) is primarily engaged in the provision of systems and components for the movement of water and fuel. The company designs, manufactures, and distributes water and fuel pumping systems, which are primarily composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. These products are used in a variety of applications, including residential, commercial, agricultural, industrial, and municipal settings. Franklin Electric classifies its operations into three reportable operational segments: Water Systems, Fueling Systems, and Distribution.
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R&D Overview
Franklin Electric undertook several R&D initiatives in 2025, focusing on the development of new integrated pressure boosting systems for residential and commercial applications, electronic variable frequency drives and controls for pump applications with remote communication and IoT capabilities, and dewatering pumping equipment with expanded electrical submersible pump lines. The company also worked on vertical pumping systems for residential applications and submersible pumps for commercial, municipal, and agricultural applications, including global standardization of updated cast iron and stainless steel submersible turbine hydraulics. Additionally, the company developed 220V & 380V Guardian variable frequency drives, a wireless sensor for humidity monitoring, a new fiberglass tank sump and cover, the Optimizer3 Trip Signature Monitor for substation circuit breakers, and EVO LLD for line leak detection. The R&D unit of Franklin Electric is responsible for the development of new products, improvement of existing products, and manufacturing methods, as well as other applied research and development activities. In FY2025, Franklin Electric spent US20 million on R&D, which as a percentage of revenue, stood a 0.9%.
Business Segments
Overview
Operates as a collection of wholly-owned leading groundwater distributors known as the Headwater companies. Delivers products and leading brands to the industry. Sells and provides pre-sales support and specifications to the installing contractors. Operates within the US professional groundwater market.
Performance
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Overview
Offers pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment essentially for use in submersible fueling system applications. Manufactures fuel pumping systems, fuel containment systems, and monitoring and control systems. Fueling systems offer an array of components between the tank and the dispenser, including submersible pumps, sumps, station hardware, piping, vapor recovery, and electronic controls. Serves energy, power utility, hydroelectric, rail, telecommunication, and data center infrastructure. Operates manufacturing facilities in the US, Brazil, China, and Mexico.
Performance
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Overview
Offers motors, pumps, electronic controls, monitoring devices, drives, and related parts and equipment mainly for use in groundwater, water transfer, and wastewater. Manufactures electronic drives and controls for the motors, which control functionality and provide protection from various hazards, such as overheating, electrical surges, and dry wells or dry tanks. Operates manufacturing facilities in the US, Brazil, Mexico, China, Italy, the Czech Republic, South Africa, and Turkey.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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