Franklin Electric Acquires Water Treatment Company - Puronics, Inc.

Fort Wayne, IN – April 1, 2021 - Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that it has acquired Puronics, Inc. and its wholly owned subsidiaries, headquartered in Livermore, California, in an all-cash transaction. Puronics is a residential and commercial water treatment products and services provider operating four company owned service centers and serving approximately 133 ind…

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Franklin Electric Reports Full Year 2020 Results and Record Fourth Quarter 2020 Results

Fort Wayne, IN – February 16, 2021 – Franklin Electric Co. Inc. today announced fourth quarter and full year financial results for fiscal year 2020.

Fourth quarter 2020 sales were $321.1 million, compared to fourth quarter 2019 sales of $320.1 million. Fourth quarter 2020 operating income was $34.4 million, compared to fourth quarter operating income in 2019 of $28.6 million.

Fourth quart…

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Franklin Electric Schedules Its Fourth Quarter and Fiscal Year 2020 Earnings Release and Conference Call

Fort Wayne, IN – February 2, 2021 – Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2020 earnings at 8:00 am ET on Tuesday, February 16, 2021. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The fourth quarter and fiscal year 2020 earnings call will be available via a live webcast. The webcast wi…

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Franklin Electric Declares Payment of Quarterly Cash Dividend

Fort Wayne, IN – January 25, 2021 - Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.175 per share payable February 18, 2021, to shareholders of record on February 4, 2021. 

Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and fuel. Recognized…

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Franklin Electric Acquires US Groundwater Distribution Company

Fort Wayne, IN – January 4, 2021 - Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that on December 31, 2020 it acquired Gicon Pumps & Equipment Inc. of Lubbock, Texas for $27.9 million in a cash transaction.  Gicon is a professional groundwater distributor operating seven locations in the state of Texas.  Gicon has approximately $68 million of consolidated annual sales. 


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