23 June 2010– ITT Corp., a high-technology engineering and manufacturing company, will purchase Godwin Pumps for $585 million. The deal is expected to close in late 2010, pending regulatory approvals.
Godwin supplies automatic self-priming portable pumps used for drainage pump rental, mining, municipal, oil and gas segments. Godwin also offers dewatering capabilities, which removes unwanted water and other fluids.
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