Franklin Electric Co., Inc.

Franklin Electric Co., Inc. designs, manufactures, and distributes water and fuel pumping systems. Its operations are organized into three segments: Water Systems, Energy Systems, and Distribution. The Water Systems segment provides motors, pumps, water treatment systems, monitoring devices, and related parts for groundwater, water transfer, and wastewater applications in residential, agricultural, municipal, and industrial settings. The Energy Systems segment produces pumps, motors, pipes, sumps, fittings, vapor recovery components, and electronic controls for energy system applications, including submersible pumps and corrosion control systems. The Distribution segment sells products to wholesale and retail distributors, specialty distributors, and industrial and petroleum equipment distributors, offering presale support and specifications to installing contractors.

Franklin Electric Co., Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol FELE. The company's financial reporting and stock trading are conducted in United States Dollars (USD). As a US-based company, its shares are traded in USD, and investors typically use US currency for transactions.

Franklin Electric Co., Inc. operates in the Industrials sector, specifically within the Specialty Industrial Machinery industry. This classification reflects the company's focus on designing and manufacturing specialized machinery and equipment for water and fuel pumping systems. The Specialty Industrial Machinery industry includes companies that produce machinery for specific industrial applications, and Franklin Electric's products serve groundwater, wastewater, and energy system markets.

Franklin Electric Co., Inc. serves markets across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. The company's global presence allows it to distribute its water and fuel pumping systems to a wide range of customers, including residential, agricultural, municipal, and industrial users. Its products are sold through wholesale and retail distributors, specialty distributors, and industrial and petroleum equipment distributors in these regions.

Franklin Electric generates revenue through three segments: Water Systems, Energy Systems, and Distribution. The Water Systems segment sells motors, pumps, water treatment systems, and monitoring devices for groundwater, water transfer, and wastewater applications. The Energy Systems segment provides pumps, motors, pipes, and electronic controls for fuel and energy systems, including submersible pumps and corrosion control systems. The Distribution segment acts as a sales channel, distributing products to contractors and offering presale support and specifications. Each segment contributes to the company's overall revenue by addressing different customer needs in the water and energy markets.