FRANKLIN ELECTRIC CO INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
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Item 2. Properties
Franklin Electric serves customers worldwide with over 220 manufacturing and distribution facilities located in over 20 countries. The Global Headquarters is located in Fort Wayne, Indiana, United States and houses sales, marketing and administrative offices along with a state-of-the-art research and engineering facility. Besides the owned corporate facility, the Company considers the following to be principal properties:
| Location / Segment | Purpose | Own/Lease |
|---|---|---|
| Santa Catarina, Brazil / Water & Energy | Manufacturing/Distribution/Sales | Own |
| Sao Paulo, Brazil / Water & Energy | Manufacturing/Distribution/Sales | Own |
| Jiangsu Province, China / Water & Energy | Manufacturing | Own |
| Brno, Czech Republic / Water | Manufacturing | Own |
| Vicenza, Italy / Water | Manufacturing | Own |
| Nuevo Leon, Mexico / Water & Energy | Manufacturing | Own |
| Edenvale, South Africa / Water | Manufacturing | Own |
| Izmir, Turkey / Water & Energy | Manufacturing/Distribution/Sales/R&D | Own |
| Indiana, United States / Water | Manufacturing/Distribution/Sales | Lease |
| Montana, United States / Distribution | Distribution | Own |
| North Carolina, United States / Distribution | Distribution | Own |
| Oklahoma, United States / Water | Manufacturing | Own |
| Oregon, United States / Water | Manufacturing/Distribution/Sales/R&D | Lease |
| Wisconsin, United States / Energy | Manufacturing/Distribution/Sales/R&D | Own |
The Company also owns and leases other smaller facilities which serve as manufacturing locations and distribution warehouses. The Company does not consider these facilities to be principal to the business or operations. In the Company’s opinion, its facilities are suitable for their intended use, adequate for the Company’s business needs, all currently utilized and in good condition.
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