05242019Fri
Last updateThu, 23 May 2019 6pm

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Valve Manufacturing

ITT Reports Fourth Quarter, Full Year 2018 Results

In the fourth quarter of 2018, total revenue in ITT’s Industrial Process segment decreased 2% to $229 million due to a 2% impact from unfavorable foreign exchange. Organic revenue was flat as an 11% decrease in large pump projects primarily related to delivery timing was offset by a 5% increase in short-cycle activity due to strength in baseline pumps, aftermarket parts and valves. 

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