STAMFORD, Conn. — ITT Inc. (NYSE: ITT) announced an expansion of its friction production facility in Termoli, Italy and an upgrade of its research and development capabilities in Barge, Italy to establish a leading position in the high-performance brake pads…
STAMFORD, Conn.– ITT Inc. (NYSE: ITT) announced the company has signed a 10-year strategic agreement for the supply of aftermarket brake pads to Continental AG (Continental), a leading global automotive supplier. The agreement is expected to generate more than $1…
AVON, Ohio – They are projects, numbering seven in all, that cover a wide range of activity, from STEM internships and CDL training to programs in nursing, robotics, and career-success supporting services. They take place in locations throughout North America…
ODENSE, Denmark – Meneta Holding A/S posted the following on Linkedin following its being named one of Deloitte’s 16-best-managed companies in 2022. Meneta Holding A/S is among the 16 Danish winners of “Best Managed Companies” 2022 – a global development…
Source: ITT announcement White Plains, N.Y. – ITT Inc. (NYSE: ITT) announced its investment in HPL Technologies (HPL), a German-based technology start-up leading the rotor-coating market with its groundbreaking WECODUR® technology. HPL developed WECODUR®, an innovative hard coating technology and…
Source: SEINSA announcement Madrid – More than half – 56 percent — of SEINSA workers in Navarra are women, making it one of the major employers of women in the Spanish and European industrial sectors. Despite industrial advances, it remains…
Source: Bendix Commercial Vehicles announcement AVON, Ohio – In 2013, PITT OHIO began rolling out collision mitigation technology into its fleet. Since that time, the Pittsburgh, Pennsylvania-based carrier has reduced the costs it incurs from rear-end accidents by more than…
Source: State of Connecticut announcement HARTFORD, Conn. – Conn. Governor Ned Lamont announced that ITT Inc. (NYSE: ITT), a leading global manufacturer and technology company, is relocating its corporate headquarters from White Plains, New York to Stamford, Conn. ITT manufactures…
Source: Neotek North America announcement MEMPHIS — David Hittinger, General Manager of Neotek North America has announced his retirement after 40 years in the automotive industry. Hittinger joined Neotek in September 2018 and has been an integral part of improving…
Fiat Chrysler Automobiles LLC (FCA) has agreed to recall eight 2020 Alfa Romeo Giulia models which were manufactured with ceramic rear brakes which might fracture during normal operation. According to the National Highway Traffic Safety Administration (NHTSA) Part 573 Safety…
Source: New Zealand autocar post AUKLAND, N.Z. – It is becoming increasingly apparent that exhaust fumes from diesel- and petrol-powered vehicles are not the only cause of transport-related air pollution – brake dust may be as harmful as diesel emissions…
Source: Knorr-Bremse MUNICH – With its retrofittable turning assistant Pro-Fleet Assist+, powered by Mobileye®, Knorr-Bremse, the global market leader for braking systems and other rail and commercial vehicle systems, is making another effective contribution to greater traffic safety in Europe.…
Source: FISITA post STANSTED, U.K. – FISITA, the international membership organization for the automotive and mobility systems engineering profession, announced that Jan Münchhoff has taken over leadership of the EuroBrake steering committee from Harald Abendroth. Both have played key roles…
Cesare Savini is the General Manager of ITT Friction Technologies and based in Italy. Brian Hagman and Cesare discuss a variety of topics including an overview of his company, the state of its operations, and what it’s like working and…
Source: Torque News post TOKYO – If you have ever accidentally pushed the gas pedal instead of the brake, you know how scary it can be. When you are expecting the car to stop, the vehicle lurches forward or backward…
Source: Bendix announcement excerpt ELYRIA, Ohio – At PITT OHIO, safety isn’t something you get from a new part, a more advanced technology, or a training class: It’s an ongoing pursuit and a driving philosophy that requires participation at all…
Source: Muscle Cars & Trucks post DEARBORN, Mich. – With 480 horsepower, 420 pounds-feet of torque and a curb weight of 3,705 pounds, the 2020 Ford Mustang Bullitt requires appropriate stopping power to manage its power, and its weight. Hence…
Source: Tosi F.lli s.r.l. release VARALLO VC, Italy – Tosi F.lli s.r.l. has announced the engineering of an environmental O-ring on all Release Tube Concept (RTC) SIRIT push-in air-brake fittings adding further protection from dust, dirt, salt and other polluting…
Source: ITT WHITE PLAINS, N.Y. – ITT Inc. (NYSE: ITT) has announced that, in order to provide investors with current information related to any material operational impacts to the company’s major manufacturing facilities as a result of the continued spread…
Source: ITT WHITE PLAINS, N.Y. – The ITT Smart Pad® brake pad is a first-of-its-kind sensor-embedded and connected brake pad that transforms the ubiquitous friction technology from passive automotive components into an active system that collects real-time data to improve…
Source: ITT Motion Technologies Turin, Italy – On Monday, September 23rd, ITT signed an agreement with the University of Turin and the 2i3T incubator with the aim to create Joint Lab, a joint research laboratory dedicated to the study of…
Source: Kentucky Cabinet for Economic Development Frankfort, Ky. — Meggitt PLC, an international company specializing in high-performance components and sub-systems for the aerospace, defense and selected energy markets, plans to significantly increase its commercial and military aircraft carbon brake manufacturing…
PITTSBURGH – Carnegie Mellon University and Argo AI are partnering in a five-year, $15 million sponsored research partnership, under which the self-driving technology company will fund research into autonomous vehicles Argo AI and Carnegie Mellon are establishing the Carnegie Mellon University…
BEIJING, China–SORL Auto Parts, Inc. has added to independent directors and formed a committee to properly assess the offer from a group led by its current CEO to take the company private. SORL is a leading manufacturer and distributor of…
DETROIT, Mich.–ITT, according to investment research service Zacks, is on a list of “strong buy” stocks recommended by its proprietary rating system. In addition to a favorable Growth Score, it carries a top Zacks Rank. Research shows that stocks carrying…