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Tecumseh to sell Little Giant

US CONDENSATE pump manufacturer Little Giant is to be sold by its parent Tecumseh to Indiana-based Franklin Electric for $121m.
Franklin Electric is a major manufacturer of submersible electric motors and electronic controls with sales of $400m.

Although mainly a manufacturer of air conditioning and refrigeration compressors, Tecumseh's pump sales are said to have accounted for 7% of its $1.85bn turnover last year, a year when Tecumseh recorded an overall loss of $175m.
In addition to condensate pumps, Little Giant also manufactures sewage pumps, swimming pool, fish tank and garden fountain pumps.

Coronavirus industry update

UPDATED 22 April: In response to the Coronavirus pandemic, manufacturers, wholesalers and distributors are issuing statements regarding their operations as the situation evolves. The most up to date information from each company is listed below and ...


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