Innovation Launches Franklin Electric Fueling Systems regularly introduces new, technologically advanced products such as the EVO LLD leak detection system and the NexPhase Smart EV Switchgear, indicating a focus on modern, smart solutions that appeal to businesses seeking reliable and innovative fuel management and EV infrastructure.
Expansion into EV Market With the recent launch of the NexPhase Smart EV Switchgear and entry into electric vehicle charging infrastructure, there is a clear growth opportunity to target clients investing in EV charging solutions requiring integrated switchgear and infrastructure upgrades.
Market Diversification The company’s product portfolio spans fuel monitoring, vapor recovery, leak detection, and EV infrastructure, providing multiple avenues to address different segments of the oil, gas, and emerging electric vehicle markets, appealing to clients seeking comprehensive solutions.
Strong Industry Presence Serving a global market with thousands of employees across related companies, Franklin Electric Fueling Systems benefits from established industry relationships and brand recognition, facilitating upselling and cross-selling of new and existing product lines.
Growing Revenue Base With revenue estimated between $250 million and $500 million, the company demonstrates substantial market traction, offering prospects high-value sales opportunities including large-scale fuel station upgrades and EV charging projects in pipeline expansions.