ITT Inc. announced an approximately $11 million investment to expand testing capabilities at its Industrial Process sites in Germany, India, and Saudi Arabia to support growth and large project awards.

Mar 21, 2024•over 1 year ago

Amount Raised

$11 Million

Stamford

Description

ITT Inc. announced an approximately $11 million investment to expand testing capabilities at its Industrial Process sites in Germany, India, and Saudi Arabia. The investment aims to enhance capacity for large project awards in its flow business.

Company Information

Company

ITT Corporation

Location

Stamford, Connecticut, United States

About

ITT Corporation is a global leader in engineered solutions for industry, having operational segments in industrial processes, motion technologies, and connectivity. The company focuses on market-driven innovation and sustainability, supporting various sectors, including defense and aerospace. ITT aims to leverage its technology and engineering expertise to provide high-performance products and solutions. The company is committed to enhancing shareholder value through dividends and strategic acquisitions.

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ITT Inc. announced an approximately $11 million investment to expand testing capabilities at its Industrial Process sites in Germany, India, and Saudi Arabia to support growth and large project awards.

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