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FELE Franklin Electric Company Inc

97.63
0.09 (0.09%)
Last Updated: 20:32:29
Delayed by 15 minutes
Share Name Share Symbol Market Type
Franklin Electric Company Inc NASDAQ:FELE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.09 0.09% 97.63 97.60 97.63 98.39 97.32 98.13 52,815 20:32:29

New Inline Controls from Franklin Electric Complete Product Family to Provide Solutions to Water Pressure Boosting Challenges...

20/09/2017 2:00pm

GlobeNewswire Inc.


Franklin Electric (NASDAQ:FELE)
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From May 2019 to May 2024

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Franklin Electric Co., Inc. (NASDAQ:FELE) offers new Inline Controls, compatible with both Franklin Electric and Little Giant® brand pumps and expands the current Inline product family that features the Inline 400 Pressure Boosting System and Inline 1100 Constant Pressure System. The Inline Controls family includes five pump starting and control devices that pair with a variety of submersible or surface pumps up to 20 amps (or approximately 2 hp) to provide or boost the system’s overall water pressure – and in many cases, without the need of an additional bladder tank. Depending on application requirements and selected model, the product family offers various forms of system protection, including dry run, dead head pumping, over amperage, locked system, and over pressurization. In addition to many of these devices accepting either 115 V or 230 V, they also offer two unique features that ensure the system remains functional and hassle free. The first is a daily motor rotation start designed to energize the motor at least once every 24 hours to prevent system locking. The second is an automatic restart feature that eliminates the need to manually restart the pump in the case of an unexpected trip or fault.

The Inline Controls family includes five pump starting and control devices that pair with a variety of submersible or surface pumps up to 20 amps (or approximately 2 hp) to provide or boost the system’s overall water pressure – and in many cases, without the need of an additional bladder tank.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/25212350-caee-461f-8e04-45582e4219ef

Ideal applications for the Franklin Electric Inline Controls family include: well systems as a replacement to a standard 30/50 switch and tank combination, garden or watering applications that are long distances from a well, municipal boosting applications, and other water pressure boosting applications where a bladder tank is not conducive.  

For more information about the Inline Controls or any other product within Franklin Electric’s product portfolio, visit www.franklinwater.com or www.littlegiant.com.

Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and fuel. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases,  raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2016, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

Contact:         

Eric PulleyFranklin Electric Co., Inc.epulley@fele.com260-827-5677

Media Contact:           Valerie HardingRipple Effect Communicationsvalerie@rippleeffectpr.com617-536-8887

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