ITT Motion Technologies' partnership with BMW
Online PR News – 11-June-2010 – – ITT Corporation (NYSE: ITT) today announced that it is the front axle brake pad supplier for the 17- and 18-inch high performance braking systems of the new BMW "5 series."
ITT's Motion Technologies business will produce 400,000 brake pads per year for this platform over the next six years, both for the Original Equipment Manufacturer and Original Equipment Service.
Among the main characteristics of the brake pads are reduced vibration and noise, high-level performance and comfort, both in standard and stress conditions.
"ITT has been working with BMW since the 1990s," said Piero Bruno, Vice President of ITT's Private Transportation business. "The solution for the 5 series was developed in a complete partnership with BMW and it confirms ITT's leadership position in OEM brake pads in Europe."
ITT's Motion Technologies business develops, produces and sells brake pads and friction materials for private and public transportation markets and all the major transportation manufacturing industries around the world. It also makes high-quality and performance hydraulic shock absorbers and suspension systems for street and racing cars, heavy and light trucks, trailers, rail and industrial applications. It is also a leading supplier of technological innovations in R&D services. www.ittmotiontechnologies.com
About ITT Corporation
ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2009 revenue of $10.9 billion. www.itt.com