ITT Underlines Commitment to China with Investment, Support of Key Industries and Initiatives Beijing, China:
ITT Corporation today announced it is investing $10 million to enhance
braking technology production and create an R&D center in Wuxi, Jiangsu
Province, China, as part of its future commitment to the region.
The investment in the company’s Motion Technologies business will
include production, testing, R&D and training—among the largest
RBI eases liquidity on frictional pressures
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