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'''Watts Water Technologies, Inc.''' is a company based in the United States that manufactures and sells plumbing and heating products, such as water pressure regulators and valves.<ref name="GlobalData">{{cite web | title=Watts Water Technologies Inc Company Profile | website=GlobalData | url=https://www.globaldata.com/company-profile/watts-water-technologies-inc/ | access-date=2025-01-03}}</ref>
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[[File:Watts_logo.png|thumb|right|220px|Watts logo]]
'''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.<ref name="GlobalData">{{cite web | title=Watts Water Technologies Inc Company Profile | website=GlobalData | url=https://www.globaldata.com/company-profile/watts-water-technologies-inc/ | access-date=2025-01-03}}</ref>

Watts is one of the largest manufacturers of water valves in the United States.

Watts Water has joined the [[S&P 400|S&P 400 index]].


The company was founded by Joseph Watts.<ref name="emerson">{{cite web | title=Watts Water Technologies | website=Emerson Swan | url=https://www.emersonswan.com/manufacturers/watts-water-technologies/ | access-date=2025-01-03}}</ref>
The company was founded by Joseph Watts.<ref name="emerson">{{cite web | title=Watts Water Technologies | website=Emerson Swan | url=https://www.emersonswan.com/manufacturers/watts-water-technologies/ | access-date=2025-01-03}}</ref>


The company has about 4,500 employees.<ref name="GlobalData"/>
The company has about 4,500 employees.<ref name="GlobalData"/>

==History==
Watts was previously based in [[Lawrence, MA]].<ref name="hendricks">{{cite book | title=Hendricks' Commercial Register of the United States | publisher=S. E. Hendricks Company | series=Hendricks' Commercial Register of the United States | year=1909 | url=https://books.google.com/books?id=xsovAAAAMAAJ | access-date=2025-01-03 | page=914}}</ref><ref name="firstparty">{{cite web | title=History | website=Watts | url=https://www.watts.com/our-story/history | access-date=2025-01-03}}</ref>

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.<ref name="book">{{cite book | title=International Directory of Company Histories, Volume 19 | publisher=St. James Press | series=Gale virtual reference library | issue=v. 19 | year=1997 | isbn=978-1-55862-353-8 | url=https://books.google.com/books?id=8lEkAQAAMAAJ | access-date=2025-01-03 | page=490}}</ref> By the time of [[World War II]], the U.S. Army required Watts T&P valves on all army hot-water supply tanks.<ref name="book"/>

Watts Industries participated in the [[United States Environmental Protection Agency]]'s 33/50 program.<ref name="a078">{{cite web | title=Sector Notebook Project - Nonferrous Metals | url=https://archive.epa.gov/compliance/resources/publications/assistance/sectors/web/pdf/nfmetlsnpt3.pdf |page=117| access-date=2025-01-03}}</ref>


==Locations==
==Locations==
Watts' main location is in [[North Andover, MA]].<ref name="GlobalData"/>
Watts has operated a regional distribution center in Franklin, NH.<ref name="i704">{{cite web | title=Watts' Webster Valve facility marks 50 years | website=Foster's Daily Democrat | date=2009-11-03 | url=https://www.fosters.com/story/business/2009/11/03/watts-webster-valve-facility-marks/51813783007/ | access-date=2025-01-03}}</ref>


Watts has operated a regional distribution center in [[Franklin, NH]].<ref name="i704">{{cite web | title=Watts' Webster Valve facility marks 50 years | website=Foster's Daily Democrat | date=2009-11-03 | url=https://www.fosters.com/story/business/2009/11/03/watts-webster-valve-facility-marks/51813783007/ | access-date=2025-01-03}}</ref>
==Products==
The company sells the Watts brand of plumbing products through direct-to-customer retailers of home improvement products.<ref>{{cite web | title=Watts | website=The Home Depot | date=2023-11-20 | url=https://www.homedepot.com/b/Watts/N-5yc1vZ57z | access-date=2025-01-03}}</ref><ref>{{cite web | title=Watts Plumbing at Lowes | website=Lowe's | date=2024-12-19 | url=https://www.lowes.com/pl/plumbing/watts/4294935907-4294954937 | access-date=2025-01-03}}</ref>


==Corporation==
==Corporation==
Watts has joined the [[S&P 400|S&P 400 index]].<ref>{{cite web | last=Research | first=Zacks Equity | title=Watts Water (WTS) Moves 3.6% Higher: Will This Strength Last? | website=Yahoo Finance | date=2022-01-31 | url=https://finance.yahoo.com/news/watts-water-wts-moves-3-103310872.html | access-date=2025-01-03}}</ref><ref name="S&P 400">{{cite web | title=Constellation Energy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 | website=News Release Archive | date=2022-01-26 | url=https://press.spglobal.com/2022-01-26-Constellation-Energy-Set-to-Join-S-P-500-Others-to-Join-S-P-MidCap-400-and-S-P-SmallCap-600 | access-date=2025-01-03}}</ref> Robert J. Pagano is the president, director and chief executive officer.<ref name="GlobalData"/> The company is listed on the [[NYSE]] with the symbol WTS.<ref name="yahoo">{{cite web | title=Watts Water Technologies, Inc. (WTS) Stock Price, News, Quote & History | website=Yahoo Finance | date=2024-11-29 | url=https://finance.yahoo.com/quote/WTS/ | access-date=2025-01-03}}</ref> The company has Class A shares and Class B shares of common stock.<ref>{{cite web | title=Watts Water Technologies, Inc. Declares Quarterly Dividend | website=Business Wire | date=2024-10-28 | url=https://www.businesswire.com/news/home/20241028257116/en/Watts-Water-Technologies-Inc.-Declares-Quarterly-Dividend | access-date=2025-01-03}}</ref>
Robert J Pagano is the President, Director and Chief Executive Officer.<ref name="GlobalData"/>


The company is listed on the [[NYSE]] with the symbol WTS.<ref name="yahoo">{{cite web | title=Watts Water Technologies, Inc. (WTS) Stock Price, News, Quote & History | website=Yahoo Finance | date=2024-11-29 | url=https://finance.yahoo.com/quote/WTS/ | access-date=2025-01-03}}</ref>
The company was formerly known as Watts Industries Inc.<ref>{{cite web | title=SEC EDGAR Search Results | website=SEC.gov | date=2003-10-09 | url=https://www.sec.gov/cgi-bin/browse-edgar?CIK=WTS&action=getcompany | access-date=2025-01-03}}</ref>


[[File:Automatic bleeding valve.jpg|thumb|200px|A Watts pressure release valve]]
The company has Class A shares and Class B shares of common stock.<ref>{{cite web | title=Watts Water Technologies, Inc. Declares Quarterly Dividend | website=Business Wire | date=2024-10-28 | url=https://www.businesswire.com/news/home/20241028257116/en/Watts-Water-Technologies-Inc.-Declares-Quarterly-Dividend | access-date=2025-01-03}}</ref>


==References==
==References==
{{Reflist}}
{{Reflist}}

{{S&P 400 companies}}

[[Category:Manufacturing companies]]
[[Category:Publicly traded companies]]
[[Category:Valve manufacturers]]
[[Category:Plumbing materials companies]]



{{US-company-stub}}
{{US-company-stub}}

Latest revision as of 22:40, 6 January 2025

Watts logo

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

[edit]

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

[edit]

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

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

Corporation

[edit]

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

[edit]
  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.