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ITT Tops Second-Quarter Revenue and Adjusted Earnings Forecasts

Second-quarter 2011 Fluid Technology revenue of $1.1 billion was up 26 percent on a year-over-year basis, driven by significant oil and gas activity in the Industrial Process business, strength in light industrial and agriculture markets at Residential and Commercial Water, as well as an increase in demand within Water and Wastewater for global dewatering and North American transport equipment.

Source: ITT

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Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

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