ITT Relocates Stamford, Connecticut, Corporate Headquarters
The global company employs approximately 9,700 employees in more than 35 countries. The company’s 24,000 square-foot headquarters is located at 100 Washington Boulevard in Stamford.
“We are excited to begin a new chapter at ITT in the vibrant city of Stamford, Connecticut,” Luca Savi, president and CEO of ITT Inc., said. “Stamford’s rich history and prime location will provide the perfect home for our new global headquarters and will allow us to grow and build upon ITT’s long history. As a global manufacturer and developer of highly engineered components and technology, we are confident that our newly designed space will inspire innovation and collaboration and provide better solutions to serve our customers. We look forward to our move later this year.”
The Connecticut Department of Economic and Community Development is supporting the project by providing a grant in arrears up to $1,995,000, contingent on the company creating and retaining up to 57 new full-time jobs.
“Our administration has been laser-focused on doing everything we can to get Connecticut’s economy growing again, and having a company with a worldwide reputation like ITT deciding to move their global headquarters to our state is nothing but a win,” Governor Ned Lamont said. “I appreciate the team at ITT, including CEO Luca Savi, on selecting Connecticut, and I look forward to having a strong working relationship as this company continues to grow here.”
ITT Inc., formerly ITT Corporation, is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets.
“Under the strong fiscal leadership of Governor Lamont we are beginning to see some real economic momentum in Connecticut, much of it propelled by companies like ITT that are making the strategic decision to invest, grow and relocate here,” Department of Economic and Community Development Commissioner David Lehman and Peter Denious, President and CEO of AdvanceCT said in a joint statement.
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