ITT to invest USD 30 million in Wuxi, China plant  [ China ]

ITT Corporation announced that it is investing approximately USD 20 million to expand its braking technology production and R&D capabilities in Wuxi, Jiangsu Province, China, bringing its total investment in the facility to nearly USD 30 million over the past two years. The investment in the company's Motion Technologies business is part of ITT's long-term commitment to growth in the region...
<Jan 16, 2014>