Franklin Electric Co. : Franklin Electric Decalres Payment Of Quarterly Cash Dividend On Common Stock
January 30, 2012 at 05:54 pm EST
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"Safe Harbor" Statement under the Private
Securities Litigation Reform Act of 1995. Any forward
looking statements contained herein involve risks and
uncertainties, including but not limited to, general economic
and currency conditions, various conditions specific to the
Company's business and industry, market demand,
competitive factors, supply constraints, technology factors,
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. These risks and uncertainties may cause
actual results to differ materially from those indicated by
the forward-looking statements. We do not assume any
obligation to update any forward-looking information. While
we may elect to update the forward-looking statements at some
point in the future, we specifically disclaim any obligation
to do so.
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Franklin Electric Co., Inc. designs, manufactures and distributes water and fuel pumping systems, composed primarily of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. The Companyâs water pumping systems move fresh and wastewater to the residential, agricultural and other industrial end markets. The Company's segments include Water Systems, Fueling Systems, and Distribution. Water Systems produces and markets water pumping systems and is a technical service for submersible motors, pumps, drives, electronic controls, water treatment systems, and monitoring devices. The Fueling Systems segment designs, manufactures and sells pumps, motors, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices and related parts and equipment primarily for use in fueling system applications. The Distribution segment operates as a collection of wholly owned groundwater distributors known as the Headwater Companies.