ITT Contributes to Cedar Rapids Flood Relief Fund

July 31, 2008

Corporation donated $20,000 to help the community recover and rebuild

ITT Corp., a global leader in the movement and treatment of water and other precious fluids, is supporting flood relief efforts in Cedar Rapids, Iowa, with a $20,000 donation to The Greater Cedar Rapids Community Foundation (GCRCF). The donation is targeted to the Flood 2008 Fund to assist the community in recovery and rebuilding following the devastating June flood.

"Beyond ITT’s $20,000 cash donation to the GCRCF, our Goulds Pumps, Flygt and Bell & Gossett distributors have provided products and volunteers to support community efforts during and after the devastating flooding," said Ken Napolitano, president of ITT’s Industrial Process business. "Our mutual objective is to address the needs of our affected customers, their employees and families, as well as supporting the broader community needs focused on relief and rebuilding."

ITT and its distributors, Central States Group/CPI Sales and Products, Inc., service the flood-affected area with pumps for industrial, commercial and residential water applications.

"We certainly appreciate ITT's generous gift to support our community as we recover and rebuild from the historic June flood," said Bud Synhorst, vice president of resource development at The Greater Cedar Rapids Community Foundation. “ITT and numerous companies from around the country have made significant contributions to the flood relief are having a direct impact on individuals, families and businesses that desperately need help."

Source:

ITT Corp.

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