Watts logo

Watts Water Technologies, Inc. is an American manufacturing company based in North Andover, Massachusetts, that makes valve products for plumbing and heating, such as water pressure regulators and other valves.[1] Watts is one of the largest manufacturers of water valves in the United States.

The company was founded by Joseph Watts.[2] It employs about 4,500 employees.[1]

History

Watts was previously based in Lawrence, MA.[3][4]

Watts created a type of safety valve known as the temperature and pressure valve (T&P valve), which was used for safely venting hot-water supply tank systems, reducing the risk of explosion.[5] By the time of World War II, the U.S. Army required Watts T&P valves on all army hot-water supply tanks.[5]

Watts Industries participated in the United States Environmental Protection Agency's 33/50 program.[6]

Locations

Watts' main location is in North Andover, MA.[1]

Watts has operated a regional distribution center in Franklin, NH.[7]

Corporation

Watts has joined the S&P 400 index.[8][9] Robert J. Pagano is the president, director and chief executive officer.[1] The company is listed on the NYSE with the symbol WTS.[10] The company has Class A shares and Class B shares of common stock.[11]

The company was formerly known as Watts Industries Inc.[12]

A Watts pressure release valve

References

  1. ^ a b c d "Watts Water Technologies Inc Company Profile". GlobalData. Retrieved 2025-01-03.
  2. ^ "Watts Water Technologies". Emerson Swan. Retrieved 2025-01-03.
  3. ^ Hendricks' Commercial Register of the United States. S. E. Hendricks Company. 1909. p. 914. Retrieved 2025-01-03.
  4. ^ "History". Watts. Retrieved 2025-01-03.
  5. ^ a b International Directory of Company Histories, Volume 19. Gale virtual reference library. St. James Press. 1997. p. 490. ISBN 978-1-55862-353-8. Retrieved 2025-01-03.
  6. ^ "Sector Notebook Project - Nonferrous Metals" (PDF). p. 117. Retrieved 2025-01-03.
  7. ^ "Watts' Webster Valve facility marks 50 years". Foster's Daily Democrat. 2009-11-03. Retrieved 2025-01-03.
  8. ^ Research, Zacks Equity (2022-01-31). "Watts Water (WTS) Moves 3.6% Higher: Will This Strength Last?". Yahoo Finance. Retrieved 2025-01-03.
  9. ^ "Constellation Energy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600". News Release Archive. 2022-01-26. Retrieved 2025-01-03.
  10. ^ "Watts Water Technologies, Inc. (WTS) Stock Price, News, Quote & History". Yahoo Finance. 2024-11-29. Retrieved 2025-01-03.
  11. ^ "Watts Water Technologies, Inc. Declares Quarterly Dividend". Business Wire. 2024-10-28. Retrieved 2025-01-03.
  12. ^ "SEC EDGAR Search Results". SEC.gov. 2003-10-09. Retrieved 2025-01-03.


Allikas: https://en.wikipedia.org/wiki/Watts_Water_Technologies
No tags for this post.