Our product and service offerings are organized in four operating segments:
Industrial Process, Motion Technologies, Interconnect Solutions (ICS), and Control
Technologies. These businesses generally operate with strong niche positions
in large, attractive markets where specialized engineered solutions are required
to support large industrial and transportation customer needs.
Industrial Process
Industrial Process manufactures engineered fluid process equipment serving
a diversified mix of customers in global infrastructure industries such as oil
& gas, mining, power generation, chemical and other process markets and
is an aftermarket service provider.
The Industrial Process segment is a global manufacturer of industrial pumps,
valves and related equipment, and is a provider of plant optimization and efficiency
solutions and aftermarket services and parts. Headquartered in Seneca Falls,
New York, its operations include four product categories:
Goulds Pumps, Inc. is the largest operating division in the Industrial Process
segment and is a market leader with over 160 years of product design history
and is focused on customer needs primarily in the chemical, oil & gas, mining,
power, pulp & paper, and general industrial markets. The Goulds Pumps brand
is among the most widely recognized brands in the global pump industry. We have
a broad portfolio of centrifugal pumps including ANSI and ISO chemical pumps,
API (American Petroleum Institute) pumps for the petrochemical and oil &
gas industry, slurry and process pumps for the mining industry and paper stock
pumps for the pulp & paper industry. Our portfolio also includes vertical,
axial flow, multi-stage and other pumps that are used in a multitude of industries.
ITT Engineered Valves is a manufacturer of process valves for the biopharmaceutical,
mining, power, pulp and paper and general industrial markets. ITT Engineered
Valves has 65 years of experience in design, fabrication and engineering of
market leading industrial knife-gate (Fabri-Valve) and sanitary diaphragm valves
(Pure-Flo). Pure-Flo is a leading provider of sanitary valves to the global
biopharmaceutical market.
ITT PRO Services is the aftermarket solutions offering of Industrial Process
which strives to extend equipment life in its customers’ facilities. PRO
Services provides an array of services focused on reducing equipment total cost
of ownership (TCO) and increasing plant output. The typical services provided
include parts supply, inventory optimization, field service, energy and reliability
assessments, repairs, upgrades and overall equipment maintenance. PRO Services
offerings include Goulds Pumps Parts, ProShop Repair and Upgrades, ProSmart,
PumpSmart, ProCast and Plant Performance Services.
ITT C’treat is a leading provider of water treatment systems for offshore
oil and gas production platforms and has been in business since 1980. Its skid-mounted,
reverse osmosis water makers convert seawater to drinking water and process
water for the world’s largest offshore oil and gas exploration and production
corporations.
Motion Technologies
Motion Technologies manufactures brake pad, shock absorber and damping technologies
for the global automotive, truck, trailer and public bus and rail transportation
markets.
Motion Technologies, headquartered in Lainate, Italy, is a global manufacturer
of highly engineered and durable components, consisting of brake pads, shock
absorbers and damping technologies for the transportation industry. The transportation
industry encompasses both personal and public transport equipment, such as passenger
cars, light and heavy-duty commercial vehicles, buses and rail transportation.
Motion Technologies consists of two businesses, Friction Technologies and KONI.
Through its Friction Technologies business, Motion Technologies provides the
automotive market with high-performance, high-quality brake pads and through
its KONI business, Motion Technologies provides the transportation industry
with shock absorber and damping equipment. The Motion Technologies revenue composition
is split approximately 80% from Friction Technologies and 20% from KONI. Motion
Technologies primarily serves the high-end of the transportation industry, with
a strong reputation for quality products and a focus on new product development
and operational excellence.
Friction Technologies
Our Friction Technologies business applies innovative research of new friction
materials and the identification of highly productive technologies to produce
a range of brake pads installed as original equipment (OE pads) on cars and
light to heavy duty commercial vehicles. OE pads are sold either directly to
original equipment manufacturers (OEM) or to Tier-1 and Tier-2 brake manufacturers.
Our OE pads are designed to meet specific customer specifications and environmental
regulations, and to satisfy an array of geographic applications. Most automobile
OEM platforms (car model) require specific brake pad formulations based the
customer’s specifications, including demanding delivery and volume schedules.
KONI
The KONI business organizes its various performance shock absorber products
into three main product market groups: railway rolling stock; car & racing;
and bus truck & trailer. Each product market group is handled by its own
dedicated team for product development and engineering, assembly lines and sales
& marketing, thus assuring the best possible concentration of product specialization
and know-how.
Railway Rolling Stock – The railway rolling stock market group provides
a wide range of equipment for passenger rail, locomotives, freight cars, high
speed trains and light rail.
Railway Rolling Stock – The railway rolling stock market group provides
a wide range of equipment for passenger rail, locomotives, freight cars, high
speed trains and light rail.
Offerings include hydraulic shock absorbers (primary, lateral and inter-car),
yaw dampers as well as visco-elastic and hydraulic buffers. This market group
also engages in the revamping of air springs which are primarily used on high
speed trains and light rail in the United States. Revenue opportunities for
our rail damping systems are balanced between OE and AM customers. Sales are
either directly to train manufacturers and train operators carrying out scheduled
train maintenance programs or indirectly through distributors.
Car & Racing – The car & racing market group features performance
shock absorbers using our Frequency Selective Damping (FSD) technology. FSD
products are popular with car and racing enthusiasts who desire to modify their
shock absorbers for increased handling performance. KONI car shock absorbers
are sold all over the world, through a distribution network that markets KONI
products into specific geographies or customer groups.
Bus, Truck & Trailer – The bus, truck and trailer market group manufactures
shock absorbers and bus dampers, destined to both OE and AM customers.
The rail damping systems and bus dampers market, have attractive growth prospects
because mass transit systems are benefiting from ongoing large-scale urbanization
trends and infrastructure investments. The long-term, enduring nature of these
factors fosters a market environment that tends to demonstrate mitigated levels
of cyclicality. In addition, train and bus vehicles are sustainable transport
modes that reduce traffic congestion and smog levels in urban areas.
Motion Technologies has a strong market reputation derived from many years
of mutual collaboration with major OE manufacturers and is focused on customer
satisfaction, quality and on-time delivery. Motion Technologies has a global
manufacturing footprint, with production facilities in Western Europe, Eastern
Europe, North America and Asia. Although 41% of Motion Technologies revenue
is derived from its top two customers, demand for its products stems from a
variety of end customers all over the world.
Motion Technologies competes in markets primarily constituted by large and
well-established national and global companies. The brake pads and linings market,
which exceeds $6 billion, includes companies such as Nisshinbo, Honeywell, Akebono
and Federal Mogul. Key competitive drivers within the OE pad business include
technical expertise, formulation development capabilities, scale production,
product performance, high-quality standards, customer intimacy and reputation.
OEM customers usually require long-lasting and well-established relationships,
based on mutual trust, local proximity and a wide range of cooperative activities,
starting from the design to the sampling, prototyping and testing phases of
brake pads. Within the AM pads market, Motion Technologies is a leading European
provider in a highly fragmented global market.
Interconnect Solutions
Interconnect Solutions manufactures a wide range of highly specialized connector
products that make it possible to transfer signal and power in various electronic
devices that are utilized in aerospace, industrial, defense and oil & gas
markets.
Headquartered in Santa Ana, California, ICS designs and manufactures a broad
range of highly engineered connectors and cable assemblies for critical applications
in harsh environments that make it possible to transfer signal and power in
an increasingly connected world. Through our brands that include Cannon, VEAM
and BIW, this segment serves customers in the aerospace, oil and gas, medical,
handheld electronics, industrial, alternative energy, transportation and defense
markets. The connectors market is large and fragmented but ICS is generally
one of the leading companies in our served markets due to our technology, strong
customer relationships, cost performance and global footprint. ICS has seven
production facilities, including two in the United States, and one in Mexico,
Italy, Germany, England, and China that provide geographic proximity to our
key global customers.
Our products and solutions are generally focused in various applications, characterized
as harsh environments or telecom, computer and consumer connectors.
Harsh Environment Connectors
We design, manufacture and sell high performance, military-specification, and
commercial electrical connectors of the following types: Circular, Rectangular,
Radio Frequency, Fiber Optic, D-sub Miniature, Micro-Miniature and cable assemblies.
Based on our technological capabilities in filtering, sealing, contact geometry,
composite materials and plating, we focus on product solutions for harsh operating
environments. These products are used in aerospace, oil & gas, industrial,
defense and transportation markets. Applications include avionics equipment,
civil aircraft, industrial automation and production equipment, electric vehicles,
medical imaging and diagnostics equipments, rail, construction and agriculture
equipment, military equipment, navigation devices and smart phones.
Telecom, Computer, Consumer Connectors
We design, manufacture and sell high-bandwidth, high density connectors that
are used in entertainment equipment, lighting, telecom transmission and switching
equipment, cellular base stations, cable and satellite set-top boxes and high
end servers. Applications include broadcasting equipment, stage lighting, voice
and VoIP telecom equipment, computer workstations, and cellular towers.
Control Technologies
Control Technologies manufactures specialized equipment, including actuation,
valves, switches, vibration isolation, custom-energy absorption, and regulators
for the aerospace, military and industrial markets.
Control Technologies, headquartered in Valencia, California, specializes in
highly engineered aerospace components and industrial products. We offer an
extensive portfolio of qualified products such as fuel management, actuation
and noise absorption components in the aerospace market and a range of products
that manage motion and absorb energy in a variety of industrial markets. Our
application expertise allows us to offer customized solutions using modular
platforms that effectively deliver our technologies into various customer applications.
CT Aerospace
CT Aerospace designs and manufactures flow control and actuation components,
motion control, energy absorption and vibration isolation products primarily
for commercial aerospace, military and other markets. We estimate the served
addressable market for CT Aerospace is approximately $2.4 billion worldwide.
Our aircraft component products consist of fuel and water pumps, valves, electro-mechanical
rotary and linear actuators, and pressure, temperature, limit, and flow switches
for various aircraft systems. Our aircraft interior products include stowage
bin rate controls, rotary hinge dampers and actuators, seat recline locks and
control cables and a variety of engineered elastomer aircraft interior isolators
to protect equipment and keep the interior of the aircraft quiet. We also provide
electromechanical seat actuation systems for premium seating products. Military
products generally include energy absorption applications. Most of our products
are sold direct to the customer by our in-house sales force. We utilize a small
third-party business for government spare parts distribution, thereby eliminating
extensive administrative costs. CT Aerospace also has a well-established Federal
Aviation Agency (FAA) certified repair station which focuses on the aftermarket.
The repair station also carries ISO9001/AS9100 and European Aviation Safety
Agency (EASA) accreditations.
Our products are custom designed for specific customer applications. We have
a highly skilled engineering group for R&D, application engineering and
qualification. We conduct fundamental research internally, with universities,
and with our customers. We leverage our technical capability to provide innovative
and reliable solutions for our customers. Our flow control and actuation products
deliver reliability requirements through a unique patented shunt disc technology
for pressure and temperature switch applications for hostile environments. In
addition, our actuator utilizes a patented optical technology for enhanced reliability.
Our pumps have the ability to run dry for extended periods, eliminating potential
fire ignition sources in fuel system applications and provide high reliability.
Our energy absorption products use patented technology to provide innovative
solutions, such as self compensation for load variations. Our noise/vibration
isolation products use patented innovations to improve noise control, reduce
weight, and reduce installation time.