Member News: ITT Completes Acquisition of Axtone
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 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.
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