ITT Corporation announces plan to separate into three independent publicly traded companies

Water-related businesses to be spun off as a standalone water technology company.
Defense segment to ge spun off as a standalone, diversified defense technology and information solutions company.
ITT Corporation to continue as a standalone, highly engineered industrial company.
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ITT Receives Rail industry's Internationally-Recognized IRIS Certification
ITT opens friction technology research and development center
ITT to supply rail dampers and shock absorbers to Indian Railways
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