SOURCE: Franklin Electric

Franklin Electric

January 12, 2016 08:00 ET

Franklin Electric Donates 34 Water Transfer Pumps to Local Community for Future Flood Relief Efforts

FORT WAYNE, IN--(Marketwired - Jan 12, 2016) - Franklin Electric Co., Inc. (NASDAQ: FELE), a manufacturer of complete pumping systems for a variety of residential, commercial, agricultural, industrial, municipal, and fueling applications, has donated 34 water transfer pumps to the city utilities department at the City of Fort Wayne to assist with future flooding and water transfer needs. The pumps vary in capacities from 60 gpm (gallons per minute) up to 264 gpm and are ideal for high-volume water transfer and dewatering, such as flood water removal, emptying excess ditch water, removing swimming pool water and more. The pumps are gas engine driven and do not require electricity for operation, often making them a desirable solution during power outages and other urgent need water removal applications.

"Given the high volumes of rain and flooding across not only much of the U.S., but also in our local community, Franklin Electric recognized the need to provide an inventory of gas engine drive water transfer pumps to the City of Fort Wayne to combat similar challenges when they occur in the future," said Tom Strupp, Franklin Electric Vice President of Global Human Resources. For the allocation of these pumps, Franklin Electric contacted the United Way of Allen Country, who then referred the offer to John Clark, Deputy Director of City Utilities at the City of Fort Wayne. Clark expressed the need for the pumps and implemented a plan for utilization. Fort Wayne residents will have access to the pumps when needed to protect their property from water damage.

"These will be a nice addition to the city's sandbagging efforts and the current large pumps we use to protect entire neighborhoods," mentioned Clark. "It is a very emotional and stressful time when water is threatening to enter residents' homes. For residents who've experienced flooding in the past, they know the threat is real. The portability and size of the donated Franklin Electric pumps are a great match for homes that are being threatened by rising water. The recent donation of 34 pumps will help residents protect their investments and symbolizes the partnership we have with a valuable company to Fort Wayne."

This partnership between Franklin Electric and the City of Fort Wayne was bolstered during Franklin Electric's relocation to Fort Wayne in July 2013, by establishing the infrastructure to make the company's new facility location shovel ready.

For more information about Franklin Electric or its gas engine drive water transfer pumps, visit www.franklinwater.com. For more information about the City of Fort Wayne, visit http://www.cityoffortwayne.org/.

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. For more information, visit www.franklinwater.com or contact your local Franklin Electric Distributor.

"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/A for the fiscal year ending December 28, 2013, 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 Information

  • Contact:
    Eric Pulley
    Franklin Electric Co., Inc.
    Email Contact
    260-827-5677

    Valerie Harding
    Ripple Effect Communications
    Email Contact
    617-536-8887