ITT – to build a new manufacturing facility in Poland
22/12/2006
The ITT Corporation, a leading supplier of water pumps and pumping systems for the global market, already established in Poland with its subsidiary Lowara Vogel Polska Sp.z o.o., is pleased to announce the forthcoming building of a production facility, located in the Special Economic Zone of Walbrzych, under the Municipality of Strzelin.
Highlighting the strategic importance of this investment, Gretchen McClain, President of ITT’s Residential and Commercial Water Business, said: “The new facility will enhance our service level to our customers in the developing water market segments in Poland and will also serve as a platform for the supply of our pumps & systems to the neighboring markets in Eastern and Western Europe and our customers around the world”.
The agreement for the purchase of a 60.000 square meters lot of land, upon which the new plant is to be built, was signed at the Municipality of Strzelin on September 19, 2006 and the contract for the erection of the facility has already been awarded to the construction company.
This facility will initially occupy around 8.000 square meters of covered surface and employ 100
workers by the end of 2007. It will produce a progressively increasing range of products branded Lowara for the residential & commercial building services as well as for the agricultural and irrigation sectors. Shipments are expected to start in the last quarter of 2007.
About Xylem
Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Launched in 2011 from the spinoff of the water-related businesses of ITT Corporation, Xylem is headquartered in White Plains, N.Y., with 2010 annual revenues of $3.2 billion and 12,000 employees worldwide.
The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature. For more information, please visit us at http://www.xyleminc.com.