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Franklin Electric: 3 Key Takeaways for Long-Term Investors
The Motley Fool· 2026-11-13 05:45
2. Manufacturing Site Consolidations Set Up Productivity Gains for 2027 Recent facility moves and plant consolidations created short-term gross margin friction during the quarter. Management expects to complete these transitions this year, which'll lower production costs and improve operational efficiency across manufacturing lines next year. The work that we are doing in terms of site consolidation and restructuring will result in productivity that will read out nicely in 2027. -- Jennifer Wolfenbarger, Ch ...