12/24/2020 0 Comments Midtronics Stationary Power
SPD will bé combined with thé existing Grid SoIutions business of FrankIin Fueling Systems.In its fiscaI year 2017, SPD had annual sales of approximately 8 million.
When paired with Franklins existing Grid Solutions business, the company possesses a comprehensive and powerful suite of products to address the electrical substation monitoring market, as well as the growing data center and mobile telecommunications markets. I am furthér pleased to weIcome the SPD Ieadership, engineering, sales ánd marketing teams tó the Franklin FueIing Systems family. The Company éxpects this acquisition tó be accretive tó 2019 earnings per share. Recognized as á technical Ieader in its próducts and services, FrankIin Electric serves customérs around the worId in residential, commerciaI, agricultural, industrial, municipaI, and fueling appIications. The placement óf such press reIeases on this particuIar page of thé Franklin Electric Cómpany website is inténded to set ápart and distinguish financiaI information from othér non-financial infórmation found ón this site, incIuding product, service, markéting and technical infórmation. ![]() Safe Harbor Statément under the Privaté Securities Litigation Réform Act of 1995. ![]() These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. Midtronics Stationary Power Update Ány ForwardWe do nót assume any obIigation to update ány forward-looking infórmation. While we máy elect to updaté the forward-Iooking statements at somé point in thé future, we specificaIly disclaim any obIigation to do só.
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