NFPA Member Company News

Member News: ITT Completes Acquisition of Axtone

Published On February 16, 2017 | By Katrina Schwarz | NFPA Member News

NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from ITT Inc.

ITT Corporation logoITT Inc. has completed its previously announced acquisition of Axtone, a manufacturer of components for railway and other harsh environment industrial markets. The components Axtone produces, such as springs, buffers, and coupler components, are complementary to ITT’s existing array of products. It will also expand ITT’s presence in the railway, aerospace, automotive, and motion technologies industries.

Read the full release here.

Is your company making news? Let us know! Send your press releases regarding acquisitions, key personnel changes, moves, and expansions to Katrina Schwarz at kschwarz@nfpa.com.

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About The Author

works on NFPA's communications and association marketing, including the association's newsletter, web properties, social media, press releases, and other member marketing areas. She writes about member company news and about how what's happening in association marketing and communications matters to members.

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