Free press releases distribution network?

More news: Transportation
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

 

PRZOOM - /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!


 

Agency / Source: ITT Night Vision and Imaging

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire 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 PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
ITT News |
Contact: Pierantonio Arrighi - ITT.com 
+39 02 93872263 pierantonio.arrighi[.]itt.com
 
PRZOOM / PRTODAY - Newswire Today 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 Press Releases From ITT Night Vision and Imaging / Company Profile


Read Transportation Most Recent Related Press Releases:

Alstom Obtains EBA Certification for its Concrete Slab Track Solution for Main Lines
Transformational Shifts in Vehicle Automation and Digitalization to Shape the Future of the Rail Market Finds Frost & Sullivan
Transdev Awards New Flyer a Contract for up to 47 Xcelsior® Buses
MERMEC Joins Transpod, Inc. in Hyperloop System Development
Adelaide Airport Chooses SITA Smart Technology for the Future
Thales Enters into Exclusive Negotiations to Sell its Revenue Collection Solutions and Road Tolling and Car Park Management Systems Business
Alstom to Supply Traction and Train Control Monitoring Systems for the Phase 2 of Shanghai Metro Line 10
Philippines Gateway Airport Takes First Steps to 'Fast Travel' with SITA Tech
Alstom to Supply 22 Citadis Trams to The STIF for Line T9 in Ile-de-France
New Flyer’s 60-Foot Electric Bus will be the Industry-First to Test At Altoona

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | 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 entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today