PRTODAY / NewswireToday Free press release distribution service network

More news: Transportation
Written by / Agency / Source: ITT Night Vision and Imaging

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ITT to Open New Transportation Research Center in Frankfurt Germany - ITT Corporation (NYSE: ITT) announced that its Motion Technologies business will open a new research and development (R&&D) facility in Frankfurt, Germany
ITT to Open New Transportation Research Center in Frankfurt Germany

 

NewswireToday - /newswire/ - Milan, Italy, 2010/04/29 - ITT Corporation (NYSE: ITT) announced that its Motion Technologies business will open a new research and development (R&&D) facility in Frankfurt, Germany. NYSE: ITT

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

On April 27, ITT Corporation announced that its Motion Technologies business will open a new research and development (R&&D) facility in Frankfurt, Germany as a center of excellence for new product development, testing and measurement. ITT is a leading provider of brake pads, friction materials and performance shock absorbers for the public and private transportation markets. The new 2,600 square meter facility will represent a $10 million investment, and is expected to be operational by November 2010. ITT has engaged Cushman & Wakefield LLP to incorporate into the facility the latest innovations in environmental sustainability, with emphasis on renewable energy.

"This is a major investment, and further demonstrates our commitment to key customers in the transportation markets, especially for Central and Northern Europe, which today represent the largest portion of our business," said Salvatore Torrisi, ITT Motion Technologies president. "It will provide a significant additional capability that will fuel our new product development plans and ensure continuous product and technology leadership to benefit all our customers, and will boost our ability to serve and grow in the mass transit business."

ITT's new R&&D facility will replace an existing one in Bad Camberg, Germany. Torrisi said the decision was made to move to Frankfurt to be closer to additional railway product development capability. The company will also add new resources in bus and rail.

ITT's Motion Technologies business will maintain its other R&D centers in Barge, Italy; Oud Beijerland, Holland; Novi, Michigan; Seoul, South Korea; and Tokyo, Japan.

About ITT Motion Technologies
ITT's Motion Technologies business develops, produces and sells brake pads and friction materials for private and public transportation markets and all the major transportation manufacturing industries around the world. It also makes high quality and performance hydraulic shock absorbers and suspension systems for street and racing cars, heavy and light trucks, trailers, rail and industrial applications. It is also a leading supplier of technological innovations in R&&D services.

About ITT Corporation
ITT Corporation (itt.com) 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 2009 revenue of $10.9 billion.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ITT Night Vision and Imaging

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Transportation articles,
CATCH Visitors via Your Competitors Announcements!


ITT to Open New Transportation Research Center in Frankfurt Germany

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

ITT News |
Publisher Contact: Pierantonio Arrighi - ITT.com 
+39 02 93872263 pierantonio.arrighi[.]itt.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ITT Night Vision and Imaging securities in any jurisdiction including any other companies listed or named in this release.

Transportation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ITT Night Vision and Imaging / Company Profile


Read Transportation Most Recent Related Newswires:

Alstom Inaugurates the First French Cross-border Citadis in Strasbourg
Alstom Delivers First Metro Cars of the Additional Fleet for Panama Line 1
Sunline Transit Agency Media Event to Announce Grant Award for Xcelsior® Hydrogen Fuel Cell-Electric Buses
Alstom Celebrates the 25th Anniversary of the First High Speed Train in Spain
Bologna Airport Adds New Convenience with Self-service Bag Drop
Alstom to Renew Power Supply for Line B of Buenos Aires Metro
Frost & Sullivan Recognizes MercuryGate International, Inc. with the 2017 North American Award for Product Leadership for its TMS
Alstom Delivers the Last Metro to Los Teques, Venezuela
NJ Transit Awards MCI the Second Year of the 6-Year Contract for 185 Commuter Coaches
Stuttgart Airport Launches Smooth and Fast Self-service Bag Drop
Frost & Sullivan Commends Freightliner for Product Leadership, as Identified by Truck Owners in the US Market
SystemX Launches the 'Safe Autonomous Land Transport' Project with its Partners SNCF and Alstom
Alstom’s Coradia Liner Wins Acclaim on the Paris-Troyes-Belfort Intercity Line
Alstom’s Shunting Loco Prima H3 Receives Final Homologation from EBA
Alstom to Supply 30 Coradia Trains to SNCF Mobilités, Reinforcing the Regional TET Trains

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)