BLUFFTON, Ind., Oct. 2 /PRNewswire-FirstCall/ — Franklin Electric Co., Inc. (NASDAQ:FELE) , announced today that it will be relocating its Healy Systems operations from Hudson, New Hampshire to its recently expanded Fueling Systems headquarters’ facility in Madison, Wisconsin.
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Chairman and Chief Executive Officer, R. Scott Trumbull stated, “With the doubling of Healy vapor recovery system sales over the last two years and the expected continued growth from several legislated initiatives around the world, we determined that the current facility was inadequate for our needs and that our customers would be best served by consolidating the Healy Systems production into our recently enlarged, state-of-the-art facility in Madison.”
Approximately 100 employees will be affected in Hudson. Those employees may interview for open positions in Madison and other Franklin facilities. In addition, affected employees that stay through the completion of the relocation will be offered transition packages and outplacement assistance.
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and automotive fuels. Recognized as a technical leader in its specialties, Franklin serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications.
