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ITT Inc. is a global manufacturer of highly engineered critical components and customized technology solutions for flow, aerospace and defense, transportation, industrial, and energy markets. Its products include engineered parts and systems that power, move, and control machines, with tailored solutions and ongoing support from manufacturing to after-sales service. It differentiates itself through its breadth across multiple high-demand markets, a focus on customized, high‑reliability components, and disciplined operations and capital investments, including acquisitions like SPX FLOW. Its goal is to provide enduring, value‑adding solutions while growing revenue and shareholder value through execution, innovation, and strategic growth.
Industries
Automotive & Transportation
Industrial & Manufacturing
Aerospace
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Stamford, Connecticut
Founded
1920
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ITT doubles Saudi capacity with US$25mn expansion. ITT Inc has completed the second phase of a US$25 million expansion at its Industrial Process manufacturing site in Dammam, Saudi Arabia, a move that doubles production capacity and further anchors the company's position in the Middle East. Saudi Arabia is one of the fastest-growing markets for ITT's flow business driven by market demand and the site's excellent track record of performance in large-scale projects, including an average on-time delivery rate of 96% since 2019. In 2024, ITT's Dammam operation secured US$160 million in orders, and the company is aiming for more than US$300 million annually by 2030. "This expansion builds on our strong foundation in the Kingdom and is a strategic investment in ITT's future growth, our people and plant in Dammam," said ITT's CEO and president Luca Savi. "ITT is committed to growing in the region with our Middle East customers. Our local, excellent engineering and manufacturing in the region for the region continues to deliver flawlessly for our customers and will continue to fuel growth for ITT in the Middle East." The second phase increases the site's footprint to roughly 30,000 m^2, creating space for future growth and larger project capacity. Phase one, completed following the 2024 announcement, boosted power and testing capabilities to handle more complex pump packages. A third phase - focused on additional manufacturing capacity - is scheduled to begin in 2027. ITT's Industrial Process segment, which generated approximately US$1.4 billion in revenue in 2024, serves chemical, energy, mining, marine and general industrial markets worldwide.
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Industries
Automotive & Transportation
Industrial & Manufacturing
Aerospace
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Stamford, Connecticut
Founded
1920
Find jobs on Simplify and start your career today