Submitted by: Submitted by amrlikespie
Views: 442
Words: 2943
Pages: 12
Category: Business and Industry
Date Submitted: 08/28/2011 09:00 PM
Business Summary
Franklin Electric Co., Inc., together with its subsidiaries, engages in the design, manufacture, and distribution of groundwater and fuel pumping systems. The company's products include submersible pumps and motors, drives, electronic controls, and monitoring devices. Its motors and pumps are used principally in submersible applications for pumping fresh water, wastewater, fuel, and other liquids in various applications, including residential, industrial, agricultural, fueling, off-shore drilling, and mining. Franklin Electric also manufactures electronic drives and controls for the motors, which control functionality and provide protection from various hazards, such as electric surges, over-heating, or dry wells and tanks.
The company offers its products under the Jacuzzi, Normaflo, Mono, Orbit, Rotorflo, Super D, and Tsunami brand names in Africa. It also supplies a range of products, including the submersible pumping systems, such as flexible piping, vapor recovery systems and components, electronic tank monitoring equipment, and fittings to the petroleum equipment industry. Franklin Electric sells its products to original equipment manufacturers and specialty water systems distributors, industrial equipment distributors, and oil and utility companies through its sales force and manufacturing representatives in North America, Europe, the Middle East, South Africa, Australia, Mexico, Brazil, Japan, China, and other countries.
Founded in 1944 in Bluffton, Indiana with less than $20,000 in capital, Franklin Electric has grown from a niche electric motor business into a multi-million dollar global enterprise. Through its long history of innovation, product line expansion, and acquisition, Franklin now manufactures a full array of products that make up complete water systems and fueling systems.
Growth Highlights
1944 Franklin Electric founded by E.J. Schaefer and T.W. Kehoe
1949 Patent filed for the first practical submersible motor...