ITT Industries Sells German Richter Chemie-Technik GmbH

01.02.2006 -

ITT Industries announced that it has sold the company’s Germany-based Richter Chemie-Technik GmbH (Richter) to The Riverside Company, a private equity investor. Terms of the transaction were not disclosed. Richter is a leading manufacturer of pumps and valves for selected segments in the chemical, fine chemical and pharmaceutical industries.

ITT Industries Reports Third Quarter

28.10.2005 -

ITT Industries, Inc. announced third quarter 2005 net income of $189.3 million, up $79.5 million over the third quarter 2004, including the net benefit of special items. Diluted earnings per share (EPS) for the third quarter, including the net benefit of special items, were $2.00.

Otis Elevator CFO to Join ITT Industries

06.06.2005 -

ITT Industries, Inc. announced today that George E. Minnich will become Senior Vice President and Chief Financial Officer of the corporation. Minnich is currently Vice President and Chief Financial Officer at Otis Elevator Company, a $9 billion division of United Technologies Corporation. He will join ITT Industries on July 1, 2005.

ITT Industries Reports Q1 and Raises FY 2005 Guidance

29.04.2005 -

ITT Industries, Inc. announced first quarter 2005 net income of $116.5 million, up $27.6 million over the first quarter 2004 including the net benefit of special items. Diluted earnings per share (EPS) for the quarter, including the net benefit of special items, was $1.24, up $0.30 per share from reported EPS in the first quarter 2004.