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Watts Water Technologies
American manufacturing company From Wikipedia, the free encyclopedia
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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]
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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]
References
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