FRANKLIN ELECTRIC ANNOUNCES AGREEMENT TO PURCHASE MAJORITY INTEREST IN TURKISH GROUNDWATER PUMPING SYSTEMS LEADER IMPO
Bluffton, Indiana – March 24, 2011 - Franklin Electric Co., Inc. (NASDAQ:FELE) announced today it has reached a definitive agreement to buy eighty percent of the outstanding shares of Ýmpo Motor Pompa Sanayi ve Ticaret A.S. (Impo) of Izmir, Turkey. Impo, which has approximately $25 million in annual sales, is a leader in the design, manufacture and sale of groundwater pumping systems in Turkey…Read More
Bluffton, Indiana – February 28, 2011 - Franklin Electric Co., Inc. (NASDAQ:FELE) reported fourth quarter 2010 diluted earnings per share of $0.36, an increase of 9 percent compared to 2009 fourth quarter diluted earnings per share of $0.33. In the fourth quarter of 2010, the Company recognized charges for legal matters that resulted in a reduction to earnings per share of $0.03 per share. Dilu…Read More
FRANKLIN ELECTRIC SCHEDULES ITS FOURTH QUARTER AND FISCAL YEAR 2010 EARNINGS RELEASE AND CONFERENCE CALL
BLUFFTON, INDIANA -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2010 earnings at 8:00am EST on Monday February 28, 2011. A conference call to review earnings and other developments in the business will commence at 8:30am EST. The fourth quarter and fiscal year 2010 earnings call will be available via a live webcast. The webcast will be available …Read More
Bluffton, Indiana, February 3, 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 $.13 per share payable February 24, 2011 to shareowners of record on February 10, 2011.
Franklin Electric is a global leader in the production and marketing of systems an…