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Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:59 EDTITTITT Corp. to invest another $20M in China auto facilities, China Daily says
ITT Corp, announced that it would invest an additional $20M in its braking-technology production base and a research & development center, both of which are.in China, according to China Daily. Reference Link ITT
News For ITT From The Last 14 Days
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March 24, 2015
19:02 EDTITTITT Corp. makes additional $20M investment in Wuxi, China facility
ITT Corporation announced that it is investing approximately $20M to further expand its braking technology production capabilities in Wuxi, Jiangsu Province, China, bringing its total investment in the facility to nearly $50M over the past three years. The investment in the company’s Motion Technologies business demonstrates ITT’s ongoing commitment in China as it ensures the facility is prepared for future opportunities to support customers and the automotive market in the region. ITT’s Motion Technologies business produces and supplies braking and friction technologies for all categories of passenger cars for major vehicle manufacturers in China and around the world.

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