May 21, 2013 7:43 PM ET

Machinery

Company Overview of ITT Fluid Technology Corporation

Company Overview

ITT Fluid Technology Corporation produces and sells fluid handling equipment and related products for treating and recycling wastewater. The company offers waste and process water, drainage, slurry, and borehole pumps, as well as pumping stations, mixers, and monitoring and control devices; ozone oxidation, ultraviolet disinfection, clarification, and backwash water recovery water treatment systems; and biological wastewater treatment systems. It also provides fan, fire, impeller between bearing, low pulse, overhung impeller, submersible, and vertical suspended shaft pumps; and valves for various industrial applications. In addition, the company offers pumps, systems, and accessories for wat...

Detailed Description

1133 Westchester Avenue

White Plains, NY 10604

United States

Founded in 1987

Phone:

914-641-2000

Fax:

914-696-2950

Key Executives for ITT Fluid Technology Corporation

President
Age: 49
Chairman of ITT
Age: 60
Compensation as of Fiscal Year 2012.

ITT Fluid Technology Corporation Key Developments

ITT Fluid Technology Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2011; Provides Revenue Guidance for the Full Year 2011
Jul 29 11

ITT Fluid Technology Corporation reported earnings results for the second quarter ended June 30, 2011. For the quarter, the company reported revenue of $1.1 billion was up 26% on a year-over-year basis, driven by significant oil and gas activity in the Industrial Process business, strength in light industrial and agriculture markets at Residential and Commercial Water, as well as an increase in demand within Water and Wastewater for global dewatering and North American transport equipment. Operating income, excluding certain separation-related costs, was $164 million, up 26% from the comparable prior-year period, driven by productivity gains and acquisitions, which more than offset inflation and foreign exchange headwinds. For the full year 2011, the company revenue is expected to grow 17%, with organic revenue forecasted to grow 6%.

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