ITT’s water business to preview new identity, products at WEFTEC ahead of spinoff into standalone water company, Xylem
October 17 2011 - 10:00AM
Business Wire
ITT Corporation’s water business will showcase its new products
and new identity at the 84th annual Water Environment Federation
Technical Exhibition and Conference (WEFTEC), a leading water
industry exhibition focused on water quality, to be held in Los
Angeles from October 15-19. This event comes just before the
spinoff of ITT’s water business into a standalone global water
technology corporation, Xylem, planned for October 31. The
company’s strong product brands will continue to be leaders in the
transport, treatment, testing and efficient use of water.
During the exhibition, ITT will introduce its newest products,
including analytical instruments to measure pH, mV, temperature and
conductivity quickly and accurately; low- pressure sewage pump
stations and non-clog pumps under the Flygt brand, and
WEDECO-branded energy-efficient ozone oxidation systems and UV
wastewater disinfection systems. Gretchen McClain, current
president of ITT Fluid and Motion Control and future chief
executive officer and president of Xylem, will join a panel of top
industry leaders in a session moderated by former U.S. EPA
Administrator G. Tracy Mehan III, to discuss the future of
water.
“Xylem is committed to solving today’s global water-related
challenges,” said McClain. “As we approach our spinoff into a
standalone water company, we look forward to working with our
partners and customers to further drive innovation in the water
space and ultimately, ensure that all people have a safe, steady
supply of clean water.”
Upon completion of the spinoff, Xylem will be a leading global
water technology provider, enabling customers to transport, treat,
test, analyze and efficiently use water in public utility,
residential and commercial building services, industrial and
agricultural settings. The company will be uniquely positioned to
deliver value through its market-leading product brands,
applications expertise and technological strength across key water
applications.
Xylem will continue to maintain a global presence, doing
business in more than 150 countries through a balanced distribution
network consisting of a direct sales force and independent channel
partners. The company will be headquartered in White Plains, N.Y.,
with 2010 revenues of $3.2 billion and 12,000 employees
worldwide.
About ITT Corporation
ITT Corporation is a high-technology engineering and
manufacturing company operating on all seven continents in three
vital markets: water and fluids management, global defense and
security, and motion and flow control. With a heritage of
innovation, ITT partners with its customers to deliver
extraordinary solutions that create more livable environments,
provide protection and safety and connect our world. Headquartered
in White Plains, N.Y., the company generated 2010 revenue of $11
billion.
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