Subsidy Tracker Parent Company Summary
Parent Company Name:
Franklin Electric
Ownership Structure:
publicly traded (ticker symbol FELE)
Headquartered in:
Indiana
Major Industry:
industrial equipment
Specific Industry:
pumping systems
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $3,586,264 | 9 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $3,586,264 | 9 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 1998. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2009.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
ADVANCED POLYMER TECH; FRANKLIN ELECTRIC CO; FRANKLIN FUELING SYS; INTELLIGENT CONTROLS; PIONEER PUMP
Links:
For a summary of this company's regulatory violations see its Violation Tracker summary page here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Indiana | $3,005,627 | 4 |
| New Jersey | $424,508 | 1 |
| Wisconsin | $139,000 | 1 |
| Oklahoma | $13,653 | 2 |
| Oregon | $3,476 | 1 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Franklin Electric Co., Inc. | Indiana | state | 2011 | $2,700,000 | tax credit/rebate | |
| Franklin Electric Company | New Jersey | state | 2007 | $424,508 | grant | |
| Franklin Electric Co., Inc. | Indiana | state | 2011 | $180,627 | tax credit/rebate | |
| Franklin Fueling Systems | Wisconsin | state | 2013 | $139,000 | tax credit/rebate | |
| Franklin Electric Co., Inc. | Indiana | state | 2009 | $90,000 | training reimbursement | |
| Franklin Electric Co., Inc. | Indiana | state | 2009 | $35,000 | tax credit/rebate | |
| FRANKLIN ELECTRIC CO INC | Oklahoma | state | 2011 | $7,224 | training reimbursement | |
| Franklin Electric | Oklahoma | state | 2016 | $6,429 | property tax abatement | |
| Pioneer Pump, Inc | Oregon | state | 2007 | $3,476 | tax credit/rebate | |
| Intelligent Controls Inc. | Maine | state | 2007 | undisclosed | enterprise zone | |
| ADVANCED POLYMER TECHNOLOGY INC. | Michigan | local | 1998 | undisclosed | property tax abatement |
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