Franklin Electrical Named to Checklist of America’s Most Reliable Corporations 2023

FORT WAYNE, IN — Franklin Electrical Co., Inc. (NASDAQ: FELE) has been named to Newsweek journal’s checklist of America’s Most Reliable Corporations 2023—the Firm’s second consecutive win. This nationwide recognition is introduced by Newsweek and Statista Inc., a world-leading statistics portal and trade rating supplier.

Newsweek chosen and ranked America’s Most Reliable Corporations based mostly on three key efficiency pillars: buyer belief, investor belief and worker belief. Compiling the information for these indicators included surveying 25,000 US residents, finishing 95,000 firm evaluations and conducting a Social Listening evaluation. This concerned researching over 270,000 social media mentions and score them as optimistic, impartial or adverse. In the long run, 700 firms have been recognized throughout 23 industries.

“At Franklin Electrical, we take nice pleasure in serving to people and communities entry and defend a few of our most necessary pure sources,” mentioned Gregg Sengstack, Chairperson of the Board and Chief Government Officer. “Understanding that we now have the belief and confidence of our workers, our prospects and our shareholders is necessary in all that we do. It assures that we’re preserving our guarantees and serving to individuals transfer ahead of their lives, of their careers and with their companies.”

The corporate typically conducts its personal worker engagement surveys to guarantee its workforce is engaged and glad. Throughout the newest survey, carried out in 2021, workers overwhelmingly ranked themselves as “extraordinarily glad” with their careers at Franklin Electrical, praising the corporate’s dedication to coaching, security and general managerial help.

Newsweek introduced the winners on March 29. The entire checklist will be considered on the publication’s web site.