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    Huanchuang (Xiamen) Technology Co.,Ltd
    Phone: :+86 592 5029670
    Fax: +86 592 5029673
    Email:info@hcwater.com 
    Add; 22 Guanri Road, Software Park 2, Xiamen, China

    News
    ITT to split into three companies
    Edited:HuanChuang technology   Date:2012-2-29 11:20:57

    WHITE PLAINS, N.Y. – ITT Corp. announced that its board of directors has approved the spinoffs of Exelis Inc., its Defense and Information Solutions business, which will also be known as ITT Exelis, and Xylem Inc., its Water Technology and Services business, which will result in three distinct, publicly traded companies, according to a press release.

    Each ITT shareholder of record as of the close of business on Oct. 17, 2011, the record date for the distribution, will receive on the distribution date one share of ITT Exelis common stock and one share of Xylem common stock for each share of ITT common stock held as of the record date. 

    The ITT Board also approved a 1:2 reverse stock split for ITT, which will become effective after market close on Oct. 31, 2011, the distribution date for the spinoffs.

     
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    Products:  Sewage Grinder / Pipeline Grinder / No Drum Channel Grinder / Single Drum Channel Grinder / Double Drum Channel Grinder / Transit Grinder / Solid Waste Grinder / Crossing Cutting Shredder / Vertical Shredder / Horizontal Shredder
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