In China, ITT Company has brought advanced management experience and culture of multinational companies. The company adopts six sigma management concept to improve enterprise performance. ITT Company pays attention to the training and development of local employees, and gives full play to the ability and enthusiasm of local talents. All ITT companies in China strictly implement the company's business ethics standards and codes of conduct, and implement the highest environmental, safety and health standards.
20 1 1 year, ITT was split into three listed companies. Water-related businesses will be assigned to independent water technology companies, and the Ministry of National Defense will become an independent defense technology and information solutions company. ITT Group will continue to be a technologically advanced industrial company. After the split, the company's residential construction merged with commercial water, fluid control, water and sewage, and analytical instruments to form an independent water technology company Xylem；; The company's industrial process business, sports technology, interconnection solutions and control technology business still operate as ITT company.
ITT's Industrial Process Business Department provides high-quality pump products, valves and industrial sewage treatment systems for the industrial process field in China. Its products and services can be tailored to the needs of various harsh environments. It meets the special requirements of customers for transporting highly corrosive liquids, soft treating weak biotechnology compounds and high purity standards, and also reduces the maintenance cost and energy waste of customers. Our products and technologies have been applied in China market, including Jiangxi LDK project, China Petrochemical Ningbo project, Yangzi Petrochemical project, Shanghai Secco Petrochemical and Baosteel Group Stainless Steel project.
ITT Electronic Interconnection Solutions Division provides high-quality electronic interconnection products and leading technical solutions for China civil aviation, aerospace, transportation and communication markets. Products have been widely used in various key projects in China, including commercial satellites, civil aircraft, high-speed railways, subway and light rail, medical care, petrochemical industry, mobile phone communication and so on.
ITT's Sports Technology Business Department provides a large number of brake friction products and shock absorbers to China's automobile, high-speed railway, subway and light rail transit industries every year. ITT Transportation Technology Division is making contributions to the development of China's automobile and railway industries.
ITT Control Technology Business Department's Enidine buffers and isolators, compact and rotary linear and rotary cylinders, Conoflow pressure regulating valves and natural gas regulators, CMC servo motors and roller tension control systems, Burny and Kaliburn plasma cutting systems, Neo-Dyn pressure, temperature, flow and limit switches, Jarret elastic rubber springs, etc. , and constantly provide more for customers.
ITT Company is a responsible enterprise. After years of continuous efforts in fulfilling corporate responsibility, ITT Company was rated as one of the 50 enterprises that have made outstanding contributions to corporate social responsibility by China Association of Enterprises with Foreign Investment in 2007. In 2008, ITT Company won the China Contribution Award for the 30-year Reform and Opening-up of Multinational Corporations in China. In 20 10, ITT company won the 32nd place in the list of * * * multinational companies in China 100. In the same period, it won a large number of honors, such as Top 100 Enterprises in the World's Low-carbon Environment Driving Force (China), Best Practice Enterprise Award in CSR (China) Leaders' Overall Evaluation List, and International Low-carbon Enterprise Award. 20 1 1 June 17, ITT was listed as one of the outstanding enterprises in corporate social responsibility at the 201China Corporate Social Responsibility Annual Meeting jointly organized by China Association of Enterprises with Foreign Investment and other units.
ITT's enterprises in China represent the most advanced international technology, support China's sustainable development strategy, and will continue to contribute to the prosperity and development of China.
Promote localization in China
ITT has been focusing on its localization process in China since it entered China. At present, the localization development of ITT company includes the following aspects:
Localization of employees
ITT attaches great importance to the cultivation and development of local employees and gives full play to the ability and enthusiasm of local talents. At present, ITT directly employs nearly 2,000 local employees in China, and local employees account for 80% of ITT's main management in China. In order to cooperate with the value-based leadership development plan implemented by ITT head office, ITT China has implemented management training courses throughout the company, and at the same time, it has selected leading talents among its employees for rapid training, so as to reserve local talents for future business development. At the same time, the company also launched value-based six sigma, lean production and other training. In addition, ITT has implemented its global business ethics standards and code of conduct among its employees in China.
Technology localization
In order to meet the demand of China market, ITT's factories in China have technology R&D departments, and local R&D plays an important role in the company's market responsiveness. At the same time, the continuous innovation of products will inevitably bring about the local transfer of technology. In the past few years, ITT has adjusted its production layout. A large number of production lines were transferred to China, and a technology research and development center was set up in Nanjing. With the further development of transnational M&A, China enterprises have become one of the targets of ITT M&A..
Localization of production facilities
At present, most of the raw materials and parts of ITT's investment enterprises in China are purchased in China. With the improvement of production level, technical level and management level of raw materials and related industries in China, China has become the focus of ITT's global procurement. ITT Asia-Pacific Procurement Center was established in China. In addition to meeting the needs of supporting production in China, raw materials purchased by ITT in China have accounted for a considerable proportion in its export business to meet its global production needs.