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ITT Inc., formerly ITT Corporation, [2] is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets.
The Sovereign State: The Secret History of International Telephone and Telegraph is a non-fiction book by Anthony Sampson published on July 1, 1973, by Hodder & Stoughton Ltd. [1] The book focuses on the history of ITT Corporation to make a broader point about the weakening of the authority of traditional national governments by the multinational corporations.
In this book, Sobel concentrates on the history of ITT Corporation, one of the world's largest conglomerates.Back in the 1970s and 80s, the corporation acquired many various businesses—from a financial services companies to the famous Sheraton Hotels and Resorts (in those years known as ITT Sheraton), sometimes doing 20 deals a month.
On October 31, 2011, Xylem Inc. completed its spinoff from ITT Corporation, [18] and had 2011 revenues of $3.8 billion. [19] Goulds Water Technology is a brand of Xylem Inc. providing pumps for residential, commercial and agricultural applications and Goulds Pumps remains a part of ITT Corporation providing pump products for the industrial market.
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The ITT Corporation purchased a controlling interest in the Kellogg Switchboard and Supply Company in 1952, rebranding the new division's equipment as ITT Kellogg for a decade. [8] In 1958, ITT Kellogg was a contractor to the U.S. Air Force, for which Kellogg build a ground communication system for the ballistic missile base at Cooke Air Force ...
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1995: ITT decided to streamline its operations and release some of its subsidiaries, and The Hartford became an independent entity once again, trading on the New York Stock Exchange under the symbol "HIG". 1970: The Hartford was acquired by ITT Corporation for $1.4 billion, [17] at the time the largest corporate takeover in American history ...