Upon completion of the separation, ITT Corporation (ITT) will be a diversified leading manufacturer of highly engineered critical components and customized technology solutions for growing industrial end-markets in energy, infrastructure, electronics, aerospace and transportation. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. Founded in 1920, ITT is headquartered in White Plains, N.Y., with employees in more than fifteen countries and sales in more than 125 countries. The company generated pro forma 2010 revenues of approximately $2 billion.