ITT Brands Form Alliance to Offer Turnkey Water Solutions to Support Rapid Growth in Mexico’s Offshore Energy Market

ITT’s (NYSE:ITT) C’treat and Bombas Goulds de Mexico (“BGM”) brands announced today they have formed an alliance that will enable them to deliver proven large-scale seawater, potable water and high-purity water solutions to the offshore energy industry in Mexico. As part of the alliance, BGM is now an authorized sales representative of C’treat products and services with exclusive territory rights in the offshore market in Mexico.

C’treat is a global market leader in offshore reverse osmosis seawater desalination systems and has a very strong reputation for quality, performance, ease-of-use and on-time delivery. C’treat focuses exclusively on offshore platform customers. Goulds Pumps is a leader in the global pump market and its BGM manufacturing plant near Mexico City supplies API pumping systems to markets in Latin American markets. BGM and C’treat have announced their plans to open an office in Cuidad del Carmen, Campeche, Mexico to provide customer project sales support, aftermarket parts and offshore-qualified service.

“This strategic ITT alliance demonstrates our growing commitment to supporting the world oil and gas market and the offshore industry, in particular,” said Aris Chicles, president of ITT’s Industrial Process business. “The Mexican offshore market is growing rapidly and this alliance will allow us to enhance our presence and bring our customers additional support and services through a one-stop solution for offshore platforms.”

“We’ve delivered more than 40 systems to Pemex, including many large-scale, multi-million dollar seawater and potable water systems,” said C’treat General Manager Brian Jacoby. “Our Mexico clients value our long-lasting, high-quality systems that are delivered on time, and we are very excited about the local customer support BGM will provide.”

“Combining C’treat’s existing systems with Bombas Goulds offshore pumping solutions allows our customers to award a single contract for an offshore platform’s full water work scope,” said BGM General Manager Rodrigo Angeles. “It’s a compelling advantage for platform builders who need large-scale contractors to deliver quality projects on time so as to avoid construction delay penalties.”

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. Founded in 1920, ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2014 revenues of $2.7 billion.

About ITT C’treat

C’treat has been in business for over 35 years and is the world’s dominant supplier of offshore watermakers, turbine wash systems, ultra-violet disinfection units and potable water systems to the oil & gas exploration and production market. 80% of C’treat’s sales are international and it has hundreds of installations throughout the world off the coasts of North and South America, Europe, the Middle East, Africa and Asia. C’treat provides turnkey support, including design, engineering, manufacturing, commissioning, part sales and service technicians. For more information, visit www.ctreat.com

About ITT Goulds Pumps & Bombas Goulds de Mexico

ITT Goulds Pumps is among the most widely recognized and respected brands in the global pump industry, serving customers in the oil and gas, mining, power generation, chemical, pulp and paper, and general industrial markets. As the only manufacturer to make digital monitoring standard on every process pump, ITT Goulds Pumps continues to lead the industry in both mechanical pump design and the adoption of smart technologies.

Bombas Goulds Mexico has been in business in Mexico for over 42 years serving international and national business partners in the API & ANSI Industry. More than 3,500 Overhung Pumps (OH2-OH3) have been delivered to our different Mines & Minerals and Oil & Gas customers in North & South America. For more information, visit www.gouldspumps.com

Contacts:

ITT
Media:
Margaret Gan, 315-568-7124
Margaret.gan@itt.com

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