Franklin Electric Co Inc., together with its subsidiaries, is engaged in designing, manufacturing and distributing water and fuel pumping systems, composed of submersible motors, pumps, electronic controls and related parts and equipment. The Company's business consists of two segments: the Water Systems segment and the Fueling Systems segment. The Company's Water Systems produces and markets water pumping systems and is also engaged in submersible motors, pumps, drives, electronic controls and monitoring devices. The Company's Fueling Systems is engaged in the production and marketing of fuel pumping systems, fuel containment systems, and monitoring and control systems. The Company's Water Systems and Fueling Systems products and related equipment are sold to specialty distributors and some original equipment manufacturers, as well as industrial and petroleum equipment distributors, and oil and utility companies.