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Company type | Public |
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Nasdaq: FELE S&P 600 component | |
ISIN | US3535141028 |
Industry | Manufacturing |
Founded | 1944 |
Headquarters | , United States |
Key people | Joe Ruzynski (CEO) |
Revenue | 2.1 billion (2023) |
Number of employees | 6,400 (2023) |
Website | franklin-electric |
Franklin Electric Co., Inc. is a manufacturer and distributor of products and systems focused on the movement and management of water and energy. The company offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal applications. Headquartered in Fort Wayne, Indiana, [1] the company also operates manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, China, and Japan. [2]
Franklin Electric was founded in 1944 in Bluffton, Indiana, USA [3] by E.J. (Ed) Schaefer and T.W. (Wayne) Kehoe. They named the company Franklin Electric in honor of Benjamin Franklin, [4] whom they considered the country's first electrical engineer. The company's first product was a backpack generator to power the radio equipment paratroopers and other assault troops used during WWII.
When WWII concluded, Franklin experienced a reduction in orders. Schaefer and Kehoe began designing and manufacturing fractional horsepower motors to pump water into homes or out of flooded basements to adjust to the peacetime economy. This new product hit the market coinciding with the home building boom that occurred as G.I.s returned from war. The motors performed well and led to nearly $1.7 million in sales in 1947. In 1950, Franklin introduced the first electric motor that was fully submersible. The new pump motors were quiet, resistant to freezing, smaller, easy to install, and had a high pumping capacity. The new motors could recover water from much deeper in the earth, making it possible for the first time to develop areas with low water tables. The motors also proved extremely versatile. Eventually, they would be used for gasoline pumps, commercial air conditioning units, crude oil recovery, and deep-sea use. Another early Franklin success was the Submatic sump pump. The Submatic was sealed in a unique stainless-steel casing designed to automatically sense when water was rising and turn on the motor. With the Submatic, an external float switch was no longer needed, and the motor could be mounted out of sight beneath the floor level.
By the mid-60s, it was clear that Franklin motors could pump more than just water. The company began designing and producing motors to pump oil, as well as motors for undersea use. Eventually, Franklin developed a motor to move gasoline and founded FE Petro in 1988 (which would later be called Franklin Fueling Systems). Franklin would continue to expand its fueling and water businesses through acquisitions and organic growth throughout the years. In 2017, Franklin announced the acquisition of three distributors and formed Headwater Companies, LLC. Headwater has also continued to grow through acquisitions.
Franklin offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal installations, for both clean and grey water applications.
FE Petro introduced devices such as variable length pumps and the Mag Shell pump. Through acquisitions, Franklin Fueling Systems offers complete fueling systems.
Headwater Companies, LLC is a collection of groundwater distributors. They provide various products and brands to contractors within the USA.
An engine or motor is a machine designed to convert one or more forms of energy into mechanical energy.
A filling station is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold are gasoline and diesel fuel.
A hybrid vehicle is one that uses two or more distinct types of power, such as submarines that use diesel when surfaced and batteries when submerged. Other means to store energy include pressurized fluid in hydraulic hybrids.
Sunoco LP is an American master limited partnership organized under Delaware state laws and headquartered in Dallas, Texas. Dating back to 1886, the company has transitioned from a vertically integrated energy company to a distributor of fuels and operator of midstream services. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses.
An air compressor is a machine that takes ambient air from the surroundings and discharges it at a higher pressure. It is an application of a gas compressor and a pneumatic device that converts mechanical power into potential energy stored in compressed air, which has many uses. A common application is to compress air into a storage tank, for immediate or later use. When the delivery pressure reaches its set upper limit, the compressor is shut off, or the excess air is released through an overpressure valve. The compressed air is stored in the tank until it is needed. The pressure energy provided by the compressed air can be used for a variety of applications such as pneumatic tools as it is released. When tank pressure reaches its lower limit, the air compressor turns on again and re-pressurizes the tank. A compressor is different from a pump because it works on a gas, while pumps work on a liquid.
A Fuel pump is a component used in many liquid-fuelled engines to transfer the fuel from the fuel tank to the device where it is mixed with the intake air.
A stationary engine is an engine whose framework does not move. They are used to drive immobile equipment, such as pumps, generators, mills or factory machinery, or cable cars. The term usually refers to large immobile reciprocating engines, principally stationary steam engines and, to some extent, stationary internal combustion engines. Other large immobile power sources, such as steam turbines, gas turbines, and large electric motors, are categorized separately.
The Ford Model T used a 177 cu in (2.9 L) sidevalve, reverse-flow cylinder head inline 4-cylinder engine. It was primarily a gasoline engine. It produced 20 hp (14.9 kW) for a top speed of 45 mph (72 km/h). It was built in-unit with the Model T's novel transmission, sharing the same lubricating oil.
Grundfos is the largest pump manufacturer in the world, based in Denmark, with more than 19,000 employees globally.
A wood gas generator is a gasification unit which converts timber or charcoal into wood gas, a producer gas consisting of atmospheric nitrogen, carbon monoxide, hydrogen, traces of methane, and other gases, which – after cooling and filtering – can then be used to power an internal combustion engine or for other purposes. Historically wood gas generators were often mounted on vehicles, but present studies and developments concentrate mostly on stationary plants.
BorgWarner Inc. is an American automotive and e-mobility supplier headquartered in Auburn Hills, Michigan. As of 2023, the company maintains production facilities and sites at 92 locations in 24 countries, and generates revenues of US$14.2 billion, while employing around 39,900 people. The company is one of the 25 largest automotive suppliers in the world.
The Cyclone engine, also branded Duratec, is Ford Motor Company's latest DOHC family of gasoline V6 engines introduced in 2006. The Cyclone succeeds Ford's previous V6 engine families, including the Canadian built Ford Essex engine introduced in 1981, the Ford Vulcan engine introduced in 1985, the original Duratec V6 introduced in 1993, and the Ford Cologne V6 engine, whose design dates back to 1962. The first version of the Cyclone engine, a 3.5 L V6, appeared in the 2007 Ford Edge and the Lincoln-badged luxury variant, the Lincoln MKX, as well as the Lincoln MKZ. Mazda badges its versions of the Cyclone MZI as it did with its versions of the Duratec V6.
An engine–generator is the combination of an electrical generator and an engine mounted together to form a single piece of equipment. This combination is also called an engine–generator set or a gen-set. In many contexts, the engine is taken for granted and the combined unit is simply called a generator. An engine–generator may be a fixed installation, part of a vehicle, or made small enough to be portable.
Remy International, Inc. headquartered in Pendleton, Indiana is an American manufacturer, remanufacturer, and distributor of light duty starters, alternators, hybrid power technology, and Delco Remy brand heavy duty systems. Remy has facilities in eleven countries and four different continents around the world.
Buda Engine was founded in 1881 by George Chalender in Buda, Illinois, to make equipment for railways. Later based in Harvey, Illinois, Buda from 1910 manufactured engines for industrial, truck, and marine applications. Early Buda engines were gasoline fueled. Later, diesel engines were introduced, utilizing proprietary Lanova cylinder head designs, injection pumps and nozzles. These were known as Buda-Lanova diesel engines. Buda Engine Company was acquired by Allis-Chalmers in 1953. The Buda-Lanova models were re-christened "Allis-Chalmers diesel".
Petrolsoft Corporation (1989–2000) was a supply chain management software company with a focus on the petroleum industry. Petrolsoft Corporation was founded at Stanford University in 1989 by Bill Miller and David Gamboa as Petrolsoft Software Group. It was later incorporated in 1992. Petrolsoft introduced demand-driven inventory management to the petroleum industry.
A. O. Smith Corporation is an American manufacturer of both residential and commercial water heaters and boilers, and the largest manufacturer and marketer of water heaters in North America. It also supplies water treatment and water purification products in the Asian market. The company has 27 locations worldwide, including five manufacturing facilities in North America, as well as plants in Bengaluru in India, Nanjing in China and Veldhoven in The Netherlands.
An internal combustion engine is a heat engine in which the combustion of a fuel occurs with an oxidizer in a combustion chamber that is an integral part of the working fluid flow circuit. In an internal combustion engine, the expansion of the high-temperature and high-pressure gases produced by combustion applies direct force to some component of the engine. The force is typically applied to pistons, turbine blades, a rotor, or a nozzle. This force moves the component over a distance. This process transforms chemical energy into kinetic energy which is used to propel, move or power whatever the engine is attached to.
CLARCOR Inc. was a manufacturer of filtration systems and packaging materials based in Franklin, Tennessee. founded in Rockford, Illinois as JL Clark Manufacturing Co. by John Lewis Clark in 1904. It had approximately 30 manufacturing and distribution sites in the United States.
An electric fire engine is a fire engine that is powered by an electric motor—essentially, an electric vehicle designed and used for firefighting. Electric fire engines were first proposed in the 19th century to replace the steam pumpers used for firefighting. The electric motor was claimed to be simpler, cleaner, and faster in operation, would save money, and require less maintenance than the steam fire engine. Though production of most electric-powered fire engines ended in the early 20th century when they were superseded by diesel-powered fire engines, they have seen a revival in the 21st century, with fire engine manufacturers such as Rosenbauer and Pierce Manufacturing designing their own electric fire engines.