ITT (ITT) Declares $0.11 Quarterly Dividend; 0.9% Yield

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ITT (ITT) Plans $22M Expansion of Seneca Falls Campus

August 4, 2014 2:25 PM EDT

ITT (NYSE: ITT) unveiled the newest addition to its Seneca Falls, N.Y., manufacturing campus: an advanced testing and packaging facility for its complex, highly engineered pumps used primarily by the global oil and gas, petrochemical and mining industries. The new building totals 89,000 square feet including office space, with approximately 79,000 square feet dedicated to product operations.

The $22 million expansion was driven primarily by the growth of ITT and its Goulds Pumps brand in the oil and gas industry, which requires highly engineered pump products for use in refinery, pipeline, production and other critical... More