April 2, 2015
ITT announces acquisition of Hartzell Aerospace
ITT Corporation has completed the acquisition of Hartzell Aerospace, a leading manufacturer of highly engineered and customized solutions for aerospace environmental control systems on a wide range of high-growth, next-generation aircraft platforms. “The acquisition of Hartzell Aerospace will unlock powerful new opportunities for ITT to expand its presence on new and existing platforms in the global aerospace industry,” said Denise Ramos, chief executive officer and president. “The addition of Hartzell Aerospace’s high-quality portfolio and innovative technologies will broaden our capabilities, enhance our ability to serve customers and help further position ITT as a leader in the aerospace market.” Hartzell Aerospace has about 240 employees and production facilities in Valencia and Perris, Calif.