Water instrumentation manufacturer acquired by ITT

Sponsored by

WHITE PLAINS, NY, March 24, 2010 -- ITT Corporation, a global leader in the transport and treatment of water, wastewater and other fluids, today announced it has completed the acquisition of Nova Analytics. Nova is a privately held, leading manufacturer of premium quality laboratory, field, portable, and on-line analytical instruments used in water and wastewater, environmental, medical, and food and beverage applications, with recognized brands such as WTW®, SI Analytics®, Aanderaa®, ebro®, Bellingham + Stanley® and Global Water®.

The acquisition expands ITT's presence in categories adjacent to its core businesses and builds on its global leadership positions in key markets.

"We're excited to offer Nova's portfolio of recognized testing and instrumentation brands alongside our own in the fluid technology and food and beverage spaces, enabling us to build a strong platform in the $6 billion global analytical instrumentation market," said Gretchen McClain, president of ITT Fluid and Motion Control. "Combining Nova's branded instrument and sensor portfolio with our current offerings will allow us to better address all of ITT's and Nova's customers' operating and monitoring needs, and assist them in optimizing and controlling their operating and construction expenses."

Nova employs approximately 725 people in Germany, Norway, France, the United Kingdom, the United States, and China, and generated pro forma full year global revenues of approximately US$135 million in 2009.

About ITT Corporation
ITT Corporation 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. www.itt.com

###

Sponsored by

TODAY'S HEADLINES

New USGS publications unveil historical hydraulic fracturing trends and data

The U.S. Geological Survey has announced that two new publications highlighting historical hydraulic fracturing trends and data from 1947 to 2010 are now available.

Contegra Construction to expand, renovate Illinois WTP in $7.9M project

Contegra Construction has been selected to renovate and expand the water treatment plant that serves the city of Roxana, Ill.

American Rivers reports 72 dam removals for 2014, sets goal to 75 for 2015

According to new information from American Rivers, communities in 19 states removed 72 dams in 2014, restoring more than 730 miles of streams for the benefit of fish, wildlife, and people. This year, the organization is setting a goal of 75 dam removals.

EPA awarding $1M in grants to help protect, restore vital U.S. wetlands

The Environmental Protection Agency has announced that it will soon award $1 million in grants to strengthen the capacity of states and tribes to protect and restore vital wetlands across the nation.  

FOLLOW US ON SOCIAL MEDIA