Franklin Electric reports record Q4 earnings

old water pump

By Kaitlin Schuler Franklin Electric Co. Inc. said fourth-quarter earnings strengthened despite falling revenues and soft prices for oil and other commodities. In the latest quarter, Fort Wayne-based¬†Franklin Electric posted net income of $16.2 million or 33 cents per diluted share, up from $3.1 million or 6 cents per share in the year ago quarter. […]