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Watts Water Technologies

From Wikipedia, the free encyclopedia
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Watts Water Technologies, Inc. is a company based in the United States 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.

Watts Water has joined the S&P 400 index.

The company was founded by Joseph Watts.[2]

The company has about 4,500 employees.[1]

History

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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

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

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

Corporation

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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]

Products

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A Watts pressure release valve

The company sells the Watts brand of plumbing products through direct-to-customer retailers of home improvement products.[13][14]

References

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  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. 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.
  13. ^ "Watts". The Home Depot. 2023-11-20. Retrieved 2025-01-03.
  14. ^ "Watts Plumbing at Lowes". Lowe's. 2024-12-19. Retrieved 2025-01-03.