March 24, 2006: Franklin Electric to Acquire Little Giant Pump Co.
BLUFFTON, Ind. - Franklin Electric Co. Inc., a major manufacturer of submersible electric motors and a global supplier of water pumping systems and fuel pumping systems, announced that it has entered into a definitive agreement to acquire Little Giant Pump Co. in a stock purchase transaction. Little Giant is a wholly owned subsidiary of Tecumseh Products Co.
Little Giant Pump Co. employs approximately 350 people in two facilities, both located in Oklahoma City. Little Giant pumps are used in a broad range of commercial and consumer applications including HVAC, plumbing/wastewater, water gardening, swimming pool and aquarium maintenance, decorative fountains, and industrial and OEM water transfer applications.