BLUFFTON, INDIANA - Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2011 earnings at 8:00am EDT on Wednesday August 3, 2011. A conference call to review earnings and other developments in the business will commence at 8:30am EDT. The second quarter 2011 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to…Read More
Bluffton, Indiana – June 20, 2011 - Franklin Electric Co., Inc. (NASDAQ:FELE) has approved a plan to close its Tulsa Avenue, Oklahoma City, Oklahoma manufacturing facility. As part of this action, the Company will transfer approximately 260,000 annual man hours of manufacturing activity primarily to the Linares, Mexico facility with a small portion of the transfer going to another Oklahoma City…Read More
Bluffton, Indiana, May 6, 2011 – R. Scott Trumbull, Chairman and Chief Executive Officer of Franklin Electric Co., Inc., (NASDAQ:FELE) announced today that the Board of Directors declared a quarterly cash dividend of $.135 per share payable May 26, 2011 to shareowners of record on May 12, 2011. This represents an increase from the prior quarterly dividend of $.13 per share.
Franklin Electric…Read More
Bluffton, Indiana – May 4, 2011 - Franklin Electric Co., Inc. (NASDAQ:FELE) reported first quarter 2011 diluted earnings per share (EPS) of $0.45, a record for any first quarter in the Company’s history, and an increase of 45 percent compared to 2010 first quarter diluted EPS of $0.31. In the first quarter of 2011, the Company’s adjusted EPS were $0.46, a 35 percent increase over the adjusted E…Read More
FRANKLIN ELECTRIC COMPLETES THE ACQUISITION OF A MAJORITY INTEREST IN TURKISH GROUNDWATER PUMPING SYSTEMS LEADER IMPO
Bluffton, Indiana – May 2, 2011 - Franklin Electric Co., Inc. (NASDAQ:FELE) announced today it has completed the acquisition of eighty percent of the outstanding shares of İmpo Motor Pompa Sanayi ve Ticaret A.S. (Impo) of Izmir, Turkey. Impo is the leading supplier of groundwater pumping equipment in Turkey and has sales of approximately $28 million per year. Franklin Electric will fund the acq…Read More