ITT Industries Becomes ITT Corporation
The $8 billion global multi-industry engineering and manufacturing company known as ITT Industries, Inc. will officially change its name to ITT Corporation today, July 1, 2006. The name change was …
The $8 billion global multi-industry engineering and manufacturing company known as ITT Industries, Inc. will officially change its name to ITT Corporation today, July 1, 2006. The name change was …
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, 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.
ITT Industries has pledged $250,000 to the Red Cross to fund immediate hurricane relief, and has made available fluid technology equipment for delivery to Louisiana, Mississippi and Alabama, including dewatering pumps and reverse osmosis systems which could be vital to relief efforts.
ITT Industries announced second quarter 2005 net income of $137.7 million, up $25.7 million over the second quarter 2004 including the net benefit of special items.
ITT Industries, Inc. announced the appointment of John P. Williamson to the newly created position of Vice President, Director of Operational Excellence.
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.
Forecasters at the U.S. National Oceanic and Atmospheric Administration (NOAA) are predicting another busy hurricane season with a higher-than average number of severe storms. To help protect people from the effects of these potentially deadly storms, ITT Industries continues to engineer critical…
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.
ITT Industries reported fourth quarter 2004 net income of $121.6 million, up $13.5 million or 12 percent over the period in 2003. Fourth quarter 2004 Fluid Technology revenues rose 23 percent.