The company will split into three
distinct entities: ITT, Xylem (the fluid technology business, which includes
Bell & Gossett, McDonnell & Miller and Goulds Pumps brands) and ITT
Exelis (the defense and information solutions business).
Founded in 1946, the Novi,
Mich.-based company has grown to include distribution and manufacturing facilities
in Michigan, California,
North Carolina and Texas.
Fluidmaster Inc., the world’s largest
manufacturer of toilet tank components and trim announced its acquisition of
Opella Limited based in Hereford,
England.
Rajendra will
be responsible for A. O. Smith’s water heater operations in North America, China, Europe and India,
as well as the Lochinvar global boiler
business, once the acquisition of that company is complete.