Franklin electric Research Paper Example | Topics and Well Written Essays - 500 words

Franklin galvanising - Research Paper ExampleTwo companies that defile various Franklin galvanic products are Pentair and ITT. The companys is well-known since it offers its products in every continent. In addition, its a public traded company, and currently its stock price is up 0.9% according to nasdaq.com.As any other(a) company, Franklin does it have its competitors. Franklin Electric companys competitors consist of A.O. Smith Corporation, Baldar Electric community, Lincoln Electric Company, MagneTek Inc., and Owosso Corporation. The competitors wear downt have much of a major expediency as Franklin continues to produced more motors than its competitors On an yearly basis. In addition, it was ranked amongst the top 1000 companies by Fortune. The company does primarily focus on creating products such(prenominal) as astewater pumps sump, sewage, effluent pumps dewatering and trash pumps. In addition, its secondary focus is on the fueling system such as tanks, pumps, and ele ctronic controls.Undoubtedly, the company has many opportunities to expand. The company has recently acquired 75% of outstanding shares of Vertical company, situated in Italy, for cash. The company believes that the transaction will attract more earnings of share. In addition, Vertical Company had the net value of 20 million Euros prior to the acquisition. Clearly, this enables Franklin Electric to increase its share, and dominate in its market. No company can keep up with Franklin Electric since this acquisition allows Franklin Electric to introduce steel pumps that were manufacture by Vertical. The competition although is stiff, has not came up with any new products as it focuses on water heaters and electric heaters. Most of the competition does not branch to fueling systems as Franklin Electric does. Franklin Electric continues to have advantage due to its broad product line and its persistence to acquisitions. Thus, the competition is in disadvantage at this point.Recently, Fr anklin Electric continues to improve its