Market Overview

New Franklin Electric Sacrificial Anode Kit Provides Cost-Effective Alternative In Highly Corrosive Applications

Share:

FORT WAYNE, Ind., Aug. 21, 2018 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ:FELE) now offers the cast iron Sacrificial Anode Kit to provide added protection against corrosion of four-inch Franklin Electric submersible motors. It bolts directly to the bottom of the motor with just three screws and has a smaller diameter, making it an ideal option for both new and retrofit installations. With the metal-to-metal contact, this low-grade cast iron anode acts as a conductor for corrosion, increasing overall motor and water system life. The motor remains unchanged and contractor inventory management continues status quo. As a lower cost alternative to 316 stainless steel motor constructions, the Sacrificial Anode Kit can cost effectively be used as a precautionary measure to prevent premature motor failure in highly corrosive applications – especially those with brackish water, high chlorides, or high temperatures.

Photo of a cast iron Sacrificial Anode Kit from Franklin Electric Company
Franklin Electric's cast iron Sacrificial Anode Kit provides added protection against corrosion of four-inch Franklin Electric submersible motors



As the only anode designed and manufactured by a motor manufacturer, the Sacrificial Anode Kit is specifically constructed for Franklin Electric submersible motors to maximize compatibility and water system performance. For more information about the Sacrificial Anode Kit or any other products in the Franklin Electric product portfolio, visit www.franklinwater.com.

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.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company's financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company's business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases, raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company's accounting policies, future trends, and other risks which are detailed in the Company's Securities and Exchange Commission filings, included in Item 1A of Part I of the Company's Annual Report on Form 10-K for the fiscal year ending December 31, 2017, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company's Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

Contact:         
Valerie Harding
Ripple Effect Communications
Tel: 617-536-8887
valerie@rippleeffectpr.com

Eric Pulley
Franklin Electric Co., Inc.
Tel: 260-827-5677
epulley@fele.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/198318e7-48f2-4262-9df0-fc8196fb05a9

Primary Logo

View Comments and Join the Discussion!