Franklin Electric Co., Inc. (Franklin Electric), together with its subsidiaries, is engaged in designing, manufacturing and distributing water and fuel pumping systems, consists 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 includes unallocated corporate expenses in another segment that together with Water Systems and Fueling Systems represent the Company. The Company�s products are sold in North America, Europe, the Middle East, South Africa, Brazil, Mexico, Australia, Japan, China, and other world markets. In June 2014, it acquired Bombas Leao S.A. In August 2014, Franklin Electric Co Inc acquired 70% of Pluga Pumps and Motors Pvt Ltd.