ITT

Itt Inc.

A maker of engineered industrial components, ITT builds brake pads and shock absorbers for cars, trains, and trucks, plus industrial pumps and valves used across energy, chemical, and mining markets. The company began in 1920 when brothers Sosthenes and Hernand Behn founded International Telephone & Telegraph, a name chosen partly to mirror AT&T and make the young firm sound larger than it was. In 2011 ITT split into three public companies, with today's firm keeping the automotive and pump businesses.