Watts Water Technologies, Inc. Overview
Company Headquarters: the US
Founded: 1874
Workforce: ~4,800
Company Working: Watts is a global organization that offers water and gas products that ensure energy efficiency, improved safety, and the conservation and sustainability of water supplies to customers across the residential and commercial sectors. Its products for residential applications help protect homes from gas leaks and water scalding and provides clean drinking water. The company operates through four business segments, which are plumbing & flow control solutions, water quality & rainwater harvesting solutions, drainage solutions, and HVAC & hot water solutions. The water quality & rainwater harvesting solutions segment includes conditioning solutions, disinfection solutions, filtration solutions, oneflow scale prevention solutions, rainwater harvesting, and water quality parts and accessories. It offers dynamic products and markets them through various brands, such as AERCO, Dormont, FEBCO, bar, Blucher, Powers, and tekmar. In 2017, Watts had close to five thousand employees in more than 24 countries, across the world. It has 12 manufacturing facilities located in the US, Canada, Italy, France, China, the UK, New Zealand, and Bulgaria.
Watts Sea Tech Inc., Dormont Manufacturing Co., AERCO International, Jameco Industries, Inc., Orion Enterprises, Inc, HF Scientific Inc, Ames Company, Inc., and Watts Sweden Holding AB are some of the subsidiaries of the company.
Strategy
Watts Water Technologies, Inc. focuses on improving its domestic and global distribution network to further strengthen its brand reputation in the global water purification systems market. It concentrates on product development as a strategy by introducing products that are used widely in the commercial and residential sectors. The company aims to introduce products such as smart systems and control systems to achieve optimal performance and conserve critical resources by increasing operability, efficiency, and safety features of its products. Additionally, it also focuses on acquisition as a strategy to enhance its customer base and expand its presence in new markets.
