Franklin Electric Expands Production and Warehouse Space in New Olive Branch, Mississippi Facility
Fort Wayne, IN – As a result of continued growth and performance, Franklin Electric Co., Inc. (NASDAQ: FELE) announced the relocation of its Rossville, Tennessee, manufacturing plant operations to Olive Branch, Mississippi. The move marks an expansion in capabilities and inventory with five times the production area, six times the shipping and inventory capacity, and four times the production capacity. The move secures the required space for producing and storing core large vertical lineshaft and submersible turbines, including the FVT Series, the FAF Series Axial Flow, the FMF Series Mixed Flow and the FST Series.
“This updated facility allows us to significantly increase our machining and assembly capacity and capabilities. We will have adequate space to stock the component inventory needed to support our network of certified Franklin Electric Build Centers; we’ll also have the capability to fabricate pumps equipped to meet the unique performance requirements of large municipal, mining and other industrial applications,” said Mark Heflin, Franklin Electric’s Vice President, Global Product Management. The expanded production footprint allows Franklin Electric to build any turbine in their product line, including vertical lineshaft turbines up to 42 inches.
The larger building and increased capabilities also allow the company to expand their workforce. The city of Olive Branch is only 30 minutes southwest of Rossville, and all current Franklin Electric associates are anticipated to make the move to the more centrally located facility, with additional hires in production, warehousing, and support staff to follow. The facility manufactures product for the U.S., Canada, Mexico as well as for overseas export. “The Olive Branch facility marks an important investment in our people, their training and the recruitment of additional talent,” said Ryan Johnson, Franklin Electric’s Vice President, Water Systems for the Americas. “It reinforces our commitment to upholding Franklin Electric’s high quality standards while being attentive and responsive to our customers’ needs.”
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and fuel. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications.