Pump Industry Consolidation Trend Noted

Tecumseh Products CEO Todd Herrick commented that the pump industry is consolidating, and the combination of Little Giant with Franklin Electric will provide additional growth opportunities.

“As the pump industry consolidates, the combination with Franklin Electric will provide additional opportunities for the business to grow and flourish.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.