Introduction: ITT Corporation is a diversified high-tech engineering and manufacturing enterprise, providing precise key components and customized technical solutions for the constantly developing end markets of energy infrastructure, electronics, aerospace, and transportation industries with its excellent products. ITT and its clients are based on heritage innovation, providing sustainable solutions in core industries while striving to create a more modern way of life for people. ITT Corporation was founded in 1920 and is headquartered in New York. It has employees in over 15 countries around the world and its products are sold in more than 125 countries. It is a global enterprise group. Focusing on global strategy and the need for sustained growth, ITT is increasingly emphasizing its development in emerging markets such as China, India, and Eastern Europe, and continuously increasing its investment in these markets.