2024 ITT Inc. Awards: officially in the books 📚 ✅ Yesterday, we held the ITT Awards, our annual celebration of exceptional value creation across our businesses. 37 ITTers (representing 18 teams) traveled to global HQ in Stamford, CT to present their projects for work completed this year across the categories of Safety, Innovation, Customer Centricity and Operational Excellence. After all of the presentations, ITT leadership selected four overall category winners, recognizing outstanding achievements from our teams across the world. Well done to all the ITTers who nominated, presented, attended and celebrated the awards - thanks for making this event so special! #ITTInc #ITTAwards #ValueCreation
About us
At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately 10,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2022 revenues of $3 billion. Motion Technologies: (Revenue of $1.4B; headcount of 4,700; operates in 13 countries) manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets. Industrial Process: (Revenue of $1.0B; headcount of 2,800; operates in 30 countries) manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts. Connect and Control Technologies: (Revenue of $0.6B; headcount of 2,700; operates in 10 countries) manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.
- Website
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http://www.itt.com
External link for ITT Inc.
- Industry
- Industrial Machinery Manufacturing
- Company size
- 10,001+ employees
- Headquarters
- Stamford, Connecticut
- Type
- Public Company
- Specialties
- Energy, Transportation, Industrial, Aerospace, Heavy Vehicle, Chemical, Automotive, Defense, Food & Beverage, Infrastructure, Medical, Pharmaceutical, Mining, Oil & Gas, Power Generation, and Rail
Locations
Employees at ITT Inc.
Updates
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Well said, Jan Robert Ekstrøm! Thanks for sharing your experience about participating in this year's UP Academy. Since 2016, ITTers from around the world have taken part in our Accelerated Leadership Course, hosted in conjunction with CEDEP - Executive Development – Fontainebleau. This year's cohort completed three days of professional development (while interacting extensively with ITT leaders including Luca Savi, Davide Barbon and Jeroen den Haan, among others) and a visit to KONI headquarters. A special thank you to all of our participants for joining us. We look forward to sharing more with you in the future about other ITT Up Academy initiatives. #ITTInc #ProfessionalDevelopment #CEDEP #AcceleratedLearning
Leader / lee·dr n: Anyone who holds her- or himself accountable for finding potential in people and processes. Last week I met a big bunch of talented leaders I had the pleasure of being part of the ITT Leadership development program called Up Academy. Together with 27 other leaders from all parts of the ITT business, and across a heap of nationalities, we met in Amsterdam for a four day deep dive into strategy, leadership, self insight and what it takes to drive our business to the next level. For me it brought a lot of insight, more tools, more curiosity and an even bigger thirst on continuing my leadership journey. Shout out to Keiko Claassen and Mattia Vaudagna for putting it all together, and Jens Meyer for safely steering us through it all.
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Today ITT Inc. published our 2024 Sustainability Report, which details the progress we made towards our sustainability targets and our leading position as a provider of critical green solutions in the transportation, energy and process flow markets. Additionally, the report covers the increased investments in clean energy across our operations globally. Commenting on our sustainability performance, CEO and President Luca Savi said: “Whilst we are proud of our progress in 2023, we know we are just at the beginning of our sustainability journey. We are excited about the opportunities that lie ahead for ITT, including: the sustainable products we are delivering to support our customers now and in the future; the new green investments to reduce the energy intensity of our operations and eliminate waste; and, the inclusive workforce we are building through our early-career development programs to ensure we continue to attract top talent. We look forward to sharing more with you in the years to come.” To read our 2024 Sustainability Report (and access reports from previous years), click here: https://lnkd.in/dgXjERQt #ITTInc #Sustainability #ESG #EmissionsReduction #CleanEnergy #EnergyEfficiency
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Today, we honor the brave United States veterans whose commitment and sacrifice have protected our safety. At ITT Inc., we are grateful to the service members who bring their unique work ethic, resilience and leadership to our businesses every day. As we recognize Veterans Day, we take this opportunity to pause and express our deepest gratitude to all who have served. Your hard work in service of our safety inspires our teams, and your legacy of service and sacrifice will not be forgotten. #ITTInc #VeteransDay #HonoringOurHeroes
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This week, ITT Inc. celebrated Ethics & Compliance Week 2024 at our sites around the world through the theme of “Be the Change.” In 2024, ITT changed significantly. We acquired new businesses, began operations in new countries, welcomed colleagues to ITT and provided our customers with innovative, highly engineered products and solutions to solve their most critical challenges. Throughout all of the impactful changes we have undergone, we remain committed to always doing the right thing. Thanks to all our ITTers for leading such thoughtful events this week, including engaging scavenger hunts, ethics-themed game shows, Code of Conduct reinforcement and exciting giveaways — all aimed at enhancing our ethical culture. #ITTInc #EthicsandComplianceWeek2024 #EthicsandCompliance
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Earlier today, ITT Inc. released its Q3 financial results. In the below video, CFO Emmanuel Caprais shares his perspective on the team's performance, portfolio shaping actions and raised midpoint for full year revenue, operating margin and adjusted EPS guidance. To hear from Emmanuel, click the below video. To access ITT’s Q3 2024 results, full year guidance and non-GAAP reconciliations, click here: https://lnkd.in/e72sKqC2 #ITTInc #Q3 #Q3Earnings #IR #Earnings #FinancialResults #CFO
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Today, ITT Inc. released our Q3 financial results. In the below video, CEO Luca Savi shares his perspective on ITT's organic growth and margin expansion, and strategic capital deployment (including an update on recent acquisitions Svanehøj and kSARIA). To hear from Luca, click below. To access ITT’s Q3 2024 results, full year guidance and non-GAAP reconciliations, click here: https://lnkd.in/e72sKqC2 #ITT #ITTInc #Q3 #EarningsResults #FinancialReporting #IR #Earnings
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This morning, ITT Inc. announced our Q3 2024 financial results. Our teams around the world drove strong profitable growth, continued margin expansion and notable commercial awards in the key end markets we serve. The highlights from our performance include: ● 14% organic orders growth (17% in total) driven by pump project awards, rail share gains and connectors demand ● 6% organic revenue growth (8% in total) driven by strength across all segments ● 60 basis points adjusted operating margin expansion to 18.3% ● 7% adjusted EPS growth driven by pricing actions, volume and productivity ● Raising midpoint of full year revenue, operating margin and adjusted EPS guidance Commenting on the quarter, ITT Inc. CEO and President Luca Savi said: “Our third quarter results demonstrate the strength of the ITT businesses and of our people. Our teams once again outperformed with strong profitable growth and continued margin expansion. This quarter, once again, all of our businesses contributed: growth in our short-cycle flow business was robust, Friction continued to outperform, we took further share in rail and drove over twenty percent growth in industrial connectors. Furthermore, our legacy business surpassed our long-term margin target for the second consecutive quarter. On top of this, we also deployed more than $1 billion of capital year to date.” To access ITT’s Q3 2024 results, full year guidance and non-GAAP reconciliations, click here: https://lnkd.in/e72sKqC2 #ITTInc #Q3 #Q3Earnings #IR #Earnings #FinancialResults
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As we conclude Hispanic Heritage Month in the United States, we reflect on the rich contributions and diverse identities within Hispanic communities. Throughout this month, we highlighted inspiring stories of achievement from key historical figures and from our own Hispanic employees at ITT Inc. We also connected our people through engaging opportunities to deepen our understanding, including Hispanic Heritage Trivia hosted by our BOLD – Empowering People of Color employee resource group. Although today marks the final day of Hispanic Heritage Month, let us continue working together to create an inclusive work environment, fostering an ongoing celebration of our diverse backgrounds, perspectives and experiences. #ITTInc #HispanicHeritageMonth
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We’re proud of ITT Inc.’s strong presence at the 2024 Women in Manufacturing Summit, where our team sparked meaningful discussions and fresh ideas for growth and collaboration. Our breakout session, “The Power of Mentorship,” opened new pathways for professional development. This year’s theme, “Champion for Success,” reflects our commitment to empowering women through mentorship, leadership, and inclusion. Thank you to everyone who joined us. Together, we’re not just envisioning a more inclusive future – we’re building it. Maria Graziano Camille Sensiba Dorota Murawska Iwona Kuryło Susie Brewer Sarah Paschal Emma Duffy Alice Lazzarini Silvia GILARDI Setareh Salamat Cheryl Graziano Ana Claudia Nascimento Carol Liu Tonya May Brad Hampton #WiMSummit2024 #WomenInManufacturing #ITTInc #ChampionForSuccess
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