Franklin Water Treatment Acquires Assets of Action Manufacturing & Supply Inc.

12/04/2023

Fort Wayne, IN – December, 4 2023 – Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its wholly owned subsidiary, Franklin Water Treatment, LLC, has acquired the assets of Action Manufacturing & Supply, Inc., a manufacturer and wholesale distributor of residential water conditioning, filtration, and indoor/outdoor aeration systems since 1980 with operations in Florida and North Carolina. The operating results of the acquired business will be reported in the company’s Water Systems business segment.

Don Line, President of Franklin Water Treatment commented: “We are excited to incorporate the business of Action Manufacturing & Supply into our existing business as we continue to strengthen and expand our channels and products in key geographic areas for water treatment. Action’s commitment to quality and reputation for service excellence aligns with Franklin’s customer-driven approach to our businesses.”

Franklin Water Treatment, LLC provides products, services, and system solutions for residential, commercial, and industrial point of use and point of entry water treatment products, in a wide variety of markets and applications.

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Franklin Electric (NASDAQ: FELE) is a global manufacturer and distributor of systems and technologies for moving and protecting the world’s most critical resources: water, fuel, and electricity. Franklin Electric serves customers in residential, commercial, agricultural, industrial, municipal, and energy applications with a commitment to responsible innovation, sustainable manufacturing, and being an indispensable partner to customers. Franklin Electric is proud to be recognized in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2024, Best Places to Work in Indiana 2024, and America’s Climate Leaders 2024 by USA Today.