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64-504: Following the fast development of trading business with the world, the related industries as international trading, travel and translation agents emerged like mushrooms after rain who provide business help for coming visitors from the world, such as SinoGuider , Mearsk , Cosco , Sinotrans , CMA, CN-13shipping , Evergreen-Marine for transporting and trading services, and SinoGuider company specially for language translation and business guidance services. Anping county won many titles due to

128-611: A holding company and renamed as China Ocean Shipping (Group) Company in 1993. Two other government owned companies, China Marine Bunker Supply Company ( Chimbusco in short) and China Road Transport Company, which engaged in oil tanker and road transport businesses respectively, became the subsidiaries of the group in 1988 and 1992 respectively. China Road Transport Company was renamed into COSCO Logistics in 2001 (now part of COSCO Shipping Logistics). As of 2003, COSCO Logistics engaged in shipping agency, freight forwarding, third party logistics and supporting services. While Chimbusco became

192-678: A 1946 banking investigation report by the Office of Military Government, United States. In 1943, ITT became the largest shareholder of Focke-Wulf Flugzeugbau GmbH with 29%, and remained so for the duration of the war. This was due to Kaffee HAG 's share falling to 27% after the death in May of Kaffee HAG chief Dr. Ludwig Roselius . OMGUS documents reveal that the role of the HAG conglomerate could not be determined during WWII. In 1951, ITT purchased Philo Farnsworth 's television company to break into that market. At

256-547: A company from COSCO Development. That company was the operator of Boao Forum for Asia . In 1997, Dianne Feinstein and Barbara Boxer , United States senators from California, had asked the Clinton administration to investigate COSCO's leasing on a former naval base in Long Beach. The site was developed into a container port terminal, Pacific Container Terminal. In 2002, another subsidiary, COSCO Shipping Co., Ltd. , became

320-467: A contract to ITT Avionics for production of an Airborne Self-Protection Jammer (ASPJ), and a similar contract was issued to Westinghouse Electric Corporation . Westinghouse and ITT had worked together with the U S Government to develop the ASPJ. The contract was later terminated by the government for convenience because the ASPJ failed independent operational test and evaluation (OPEVAL) procedures. In 1991,

384-574: A joint venture with Hongkong International Terminals Limited, which operates a terminal in Kwai Tsing Container Terminals , Hong Kong since 1991. COSCO Pacific acquired 49% stake of COSCO Logistics from the parent company in 2003. COSCO retained the remaining 51%. COSCO Pacific also owned 20% stake of Hong Kong-based Chong Hing Bank from 1997 to 2007. In 2007 the stake was sold to the parent company, COSCO HK. In 1995, another subsidiary, COSCO Corporation (Singapore) Limited, became

448-496: A joint venture with PetroChina since 2003. COSCO has a Hong Kong division which the division acquired a HK-listed company Shun Shing Holdings in February 1997. Hong Kong was a British colony until June 30, 1997, and has been a special administrative region of China with a separate jurisdiction system since July 1. Another subsidiary of COSCO HK at that time, COSCO Pacific , was a HK-listed company since 1994. COSCO Pacific has

512-465: A listed company in Shanghai. In 2004, COSCO formed a joint venture with fellow Central Government owned Ansteel Group ( Angang Group). In 2005, the flagship subsidiary of COSCO, China COSCO Holdings , became a listed company. The A share of China COSCO Holdings was listed in Shanghai since 2007. After the post- 2008 financial crisis collapse of global shipping, COSCO began gradually acquiring

576-535: A listed company in Singapore Exchange. The company was a component of Straits Times Index until 2010. COSCO acquired a Shanghai -listed company in 1997 as a vehicle of backdoor listing . It became COSCO Development , which engaged in real estate. The direct parent company of COSCO Development was sold in 2005, thus COSCO Development was no longer part of the COSCO Group. Also in 2005, COSCO Group acquired

640-481: A privately held leading producer of energy-efficient circulator pumps primarily used in residential and commercial plumbing and heating, ventilating and air conditioning (HVAC) systems . On January 12, 2011, ITT announced a transformation to separate the remaining company into three publicly traded independent companies. On July 14, 2011, ITT announced the names of the three companies: Then-ITT stockholders subsequently owned shares in all three companies following

704-915: A reported $ 90 million. In 1972 the KONI Group, manufacturer of shock absorbers was added to the list of ITT's acquisitions. International telecommunications manufacturing subsidiaries included Standard Telephones and Cables in the United Kingdom and Australia, Indosat in Indonesia, Standard Elektrik Lorenz (today part of Nokia Germany) and Intermetall Gesellschaft für Metallurgie und Elektronik mbH (acquired from Clevite in 1965; now TDK-Micronas) in Germany, BTM in Belgium, and CGCT and LMT in France. These companies manufactured equipment according to ITT designs including

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768-822: A storm, spilling 200 tons of heavy bunker fuel oil in an ecologically and environmentally sensitive wildlife area. International Telephone and Telegraph 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. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies. ITT has over 10,000 employees in more than 35 countries and serves customers in well over 100 countries. The company's long-standing brands include Goulds Pumps, Cannon connectors, KONI shock absorbers and Enidine energy absorption components. The company

832-584: A subsidiary of Compagnie Générale d'Electricité (CGE), resulting in the establishment of Alcatel N.V. (Netherlands) in 1986. This transaction positioned Alcatel N.V. as the world's second-largest telecommunications company at that time. Initially, ITT retained a 37% ownership stake, but in March 1992, it proceeded to sell off its remaining 30%, effectively ceasing its participation in the telephone industry. In 2006, Alcatel Alsthom S.A. acquired with Lucent to form Alcatel-Lucent . ITT Educational Services, Inc. (ESI)

896-403: Is COSCO which continues to ship to Russia, and was the largest shipping company to do so. In 2005, a smaller Central Government owned company, China Ocean Shipping Tally (known as China Tally in short), was merged into COSCO Group. In 2008, China COSCO Holdings was part of Financial Times Global 500 for the first time. By 2015, after more than 5 decades, COSCO Group expanded into one of

960-563: Is a stub . You can help Misplaced Pages by expanding it . Cosco China Ocean Shipping Company (abbreviated as COSCO ) was a former shipping corporation from 1961 to 2016, owned by the State Council of China. The company merged with China Shipping Group Company to form China COSCO Shipping Corporation in January 2016. COSCO was founded in 1961 as a state-owned shipping and logistics services supplier company. COSCO headquarters

1024-577: Is in Ocean Plaza in the Xicheng District in Beijing . It owns 1114 ships, including 365 dry bulk vessels, a container fleet with a capacity of 1,580,000  twenty-foot equivalent units  (TEU), and a tanker fleet of 120 vessels. The fleet calls at over a thousand ports worldwide. It ranks among the largest in both number of container ships and aggregate container volume in the world. In 2012, it

1088-761: The Bell Telephone Manufacturing Company (BTM) of Antwerp, Belgium, which manufactured rotary system switching-equipment, and the British International Western Electric , which was renamed Standard Telephones and Cables (STC). Compagnie Générale d'Electricité later purchased BTM; Nortel later purchased STC. In the 1930s, ITT purchased German electronic companies Standard Elektrizitäts-Gesellschaft (SEG) and Mix & Genest (both of which were internationally active companies) and Romanian telecommunications monopoly Societatea Anonima Română de Telefoane . Its only serious rival

1152-600: The Federal Telegraph Company . On August 3, 1933, Adolf Hitler received Sosthenes Behn (then the CEO of ITT) and his German representative, Henry Mann, in one of his first meetings with US businessmen . In his book Wall Street and the Rise of Hitler , Antony C. Sutton claims that ITT subsidiaries made cash payments to SS -leader Heinrich Himmler . ITT, through its subsidiary C. Lorenz AG , owned 25% of Focke-Wulf ,

1216-522: The ITT Schaub-Lorenz brand, such as Touring radio receivers and Ideal Color television sets employing Heliochrom picture tubes. Some television models feature the Ideal-Computer cartridge system, featuring a slot suitable for housing an ultrasonic remote control (acting as front panel buttons while docked), a teletext decoder, or Tele-Match video game dedicated consoles (unrelated to

1280-582: The People's Republic of China , and the United Kingdom . They were fined US$ 100 million although they were also given the option of spending half of that sum on research and development of new night vision technology. The United States government will assume rights to the resulting intellectual property. In its investigation and subsequent ruling, the United States Department of Justice found that

1344-793: The Puerto Rico Telephone Company in 1914, along with the Cuban-American Telephone and Telegraph Company and a half-interest in the Cuban Telephone Company. ITT's first major expansion came in 1923, when it consolidated operators in the telecoms market in Spain into what eventually became Telefónica . From 1922 to 1925, ITT purchased a number of European telephone companies. In 1925, ITT purchased several companies from Western Electric , as Bell had agreed to "divest" itself of its international operations. They included

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1408-820: The Sheraton hotel chain, Wonder Bread maker Continental Baking , Rayonier , and Avis Rent-a-Car . ITT also absorbed smaller operations in auto parts, energy, books, semiconductors, and cosmetics. In 1966, ITT acquired Educational Services, Inc., an operator of for-profit schools , which became ITT/ESI . When ITT attempted to acquire The Hartford insurance company in 1970, the US Justice Department filed suit, and ITT agreed to divest assets equal to those of Hartford's, including Avis. ITT's sales grew from about $ 700 million in 1960 to about $ 8 billion in 1970, and its profit from $ 29 million to $ 550 million. However, when increased interest rates started eating away at profits in

1472-645: The Yinhe 's civilian GPS, causing it lose direction and anchor on the high seas for twenty-four days until it agreed to inspection. The Yinhe experienced shortages of water and fuel. The inspection, which occurred in Saudi Arabia did not find any improper chemicals and on September 4, representatives of the Chinese, Saudi and United States governments jointly signed a certification that the ship's cargo did not contain materials related to chemical weapons. The company became

1536-613: The "ITT Telematch Processor" console, a rebrand of the Fairchild Channel F ); the Ideal-Computer system was licensed to other German producers of its time. ITT Schaub-Lorenz was also behind the Digivision , the first television employing digital signal processing of the image. For a comparable time span, ITT had also controlled and then fully absorbed English radio and television manufacturer Kolster-Brandes . In 1986 throughout

1600-622: The (1960s) Pentaconta crossbar switch and (1970s) Metaconta D, L and 10c Stored Program Control exchanges , mostly for sale to their respective national telephone administrations. This equipment was also produced under license in Poznań (Poland), and in Yugoslavia and elsewhere. ITT was the largest owner of the LM Ericsson company in Sweden, but sold out in 1960. Alec Reeves , an ITT employee in France in

1664-504: The 1930s, developed pulse-code modulation (PCM) innovations, upon which future digital voice-communication was based. Charles K. Kao , working at STC in the UK, pioneered the use of optical fiber from 1966, for which he was awarded the 2009 Nobel Prize in Physics . In 1959, Harold Geneen became CEO. Using leveraged buyouts , he turned the minor acquisitions of the 1950s into major growth during

1728-522: The 1960s. In 1965, ITT attempted to purchase the ABC television network for $ 700 million. The deal was halted by federal antitrust regulators who feared ITT was growing too large. In order to continue growing while not running afoul of antitrust legislation, it moved to acquire companies outside of the telecommunications industry. Under Geneen, ITT bought over 300 companies in the 1960s, including some hostile takeovers . The deals included well-known businesses like

1792-956: The German aircraft-manufacturer, builder of some of the most successful Luftwaffe fighter-aircraft. In the 1960s, ITT Corporation won $ 27 million in compensation for damage inflicted on its share of the Focke-Wulf plant by Allied bombing during World War II . In addition, Sutton's book uncovers that ITT owned shares of Signalbau AG, Dr. Erich F. Huth (Signalbau Huth), which produced for the German Wehrmacht radar equipment and transceivers in Berlin , Hanover (later Telefunken factory), and other places. While ITT - Focke-Wulf planes were bombing Allied ships and ITT lines were passing information to German submarines, ITT direction-finders were saving other ships from torpedoes. The payments to Himmler were noted in

1856-493: The Greek port of Piraeus . Under COSCO, Piraeus has become a busy port, rising from traffic of 400,000 containers in 2008 to nearly five million containers in 2018. Most European trade with China occurs via Greek ships, including through Piraeus. During the 2022 Russian invasion of Ukraine , most shipping companies halted all container shipping to Russia, except for basic food products, medicine and humanitarian aid. The exception

1920-533: The board for four more years. Araskog over the next two decades dismantled much of ITT, selling most of its holdings. Starting in 1977, ITT set out to develop an ambitious new Digital Telephone Exchange , System 1240 (later System 12 ), which reportedly cost US$ 1 billion. According to Fortune in 1985, Araskog directed the company's efforts towards a relentless pursuit of developing and promoting System 12, while channeling profits from successful ventures into fulfilling System 12's voracious demands. System 12

1984-611: The break-in, as well as by testimony by E. Howard Hunt . However, this theory has also been disputed by others involved in the break-in such as G. Gordon Liddy . In 1970, ITT owned 70% of CTC (the Chilean Telephone Company, now Movistar Chile) and funded El Mercurio , a Chilean right-wing newspaper. ITT also had some $ 200 million-worth of investments in Chile . Under Geneen's leadership, ITT funneled $ 350,000 to Allende 's opponent, Jorge Alessandri . When Allende won

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2048-792: The case but ultimately concluded there was no evidence of criminal conduct by ITT. Nixon aides such as John Dean and Jeb Stuart Magruder have alleged that the Watergate break-in was motivated by the Committee for the Re-Election of the President 's suspicion that the Democratic National Committee was making similar deals to fund its 1972 convention . This theory is supported by conversations and exchanges between President Richard Nixon and his chief of staff H. R. Haldeman before and after

2112-601: The commercial sea routes between the United States and the People's Republic of China. In the same year, COSCO became the Chinese side representative to collaborate with International Telephone and Telegraph on repairing the communication facilities in the coastal cities of China. In 1981, COSCO won a contract from the Pakistani Government owned National Tanker Company of Pakistan, for crude oil transport. In 1991 COSCO

2176-806: The company won a $ 19.6 million contract from the United States Air Force to develop the "intraflight data link", a communications system for "tactical airborne forces". In 2004, they were awarded a $ 24.9 million contract from the Naval Air Systems Command Weapons Division for engineering software support services provided to the Tactical Aircraft Electronic Warfare Integrated Program Team at Point Mugu, California and China Lake, California . Through their then subsidiary Schaub Elektrik Lorenz , ITT manufactured consumer products under

2240-545: The convention and the favorable settlement of a United States Department of Justice Antitrust Division lawsuit. The resulting scandal, including a Senate investigation and the threat of criminal charges, caused ITT to withdraw its support for the San Diego convention. That combined with a shortage of hotel space and problems with the proposed venue led the RNC to move the convention to Miami. Special prosecutor Leon Jaworski investigated

2304-521: The convention in San Diego ; only $ 100,000 of the contribution was publicly disclosed. The Republican National Committee selected San Diego as the site in July 1971. However, on February 29, 1972, newspaper columnist Jack Anderson disclosed an interoffice memo from ITT lobbyist Dita Beard to ITT vice president Bill Merriam, dated June 25, 1971. The memo appeared to draw a connection between ITT's contribution to

2368-434: The corporation went to significant lengths to circumvent rules regarding the exports, including setting up a front company . According to U.S. Attorney John L. Brownlee , the company fought the investigation in order "to essentially run out the clock on the statute of limitations." An agreement was reached on June 26, 2007 for ITT to acquire the privately held International Motion Control (IMC) for $ 395 million. The deal

2432-496: The coup d'état. In March 1977, Lyman C. Hamilton was appointed CEO, and Geneen became chairman of the board. In June 1979, while Hamilton was in Asia, Geneen became aware of Hamilton's plans to divest ITT's European consumer goods business, and lobbied his fellow board members to dismiss Hamilton. In July 1979, Rand Araskog became CEO. Shortly thereafter, Araskog insisted that the board remove Geneen as Chairman, though Geneen remained on

2496-522: The current company was founded as a spinoff of ITT as ITT Industries, Inc. It later changed its name to ITT Corporation in 2006. In 2011, ITT spun off its defense businesses into a company named Exelis (now part of L3Harris Technologies ), and its water technology business into a company named Xylem Inc. ITT Corporation changed its name to ITT Inc. in 2016. The brothers Hernan Behn and Colonel Sosthenes Behn formed International Telephone & Telegraph (ITT) in 1920. The brothers had acquired

2560-478: The eve of 2015 merger, COSCO Group has a few listed companies : Moreover, China International Marine Containers is an associate company of the group, which COSCO indirectly owned 22.77% shares of that listed company as of December 2015. The stake was owned by COSCO Pacific until 2013. As of 2000, COSCO also owned 30% stake of China Cargo Airlines . COSCO also had an unlisted business unit in Hong Kong, which

2624-511: The helm, ITT split into three separate public companies: In March 2007, ITT Corporation became the first major defense contractor to be convicted for criminal violations of the U.S. Arms Export Control Act . The fines resulted from ITT's outsourcing program, in which they transferred night vision goggles and classified information about countermeasures against laser weapons , including light interference filters, to engineers in Singapore ,

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2688-551: The late 1960s, ITT's growth slowed considerably. In the late 1960s, the British electronics manufacturer Kolster-Brandes Limited , KB for short, had run into trouble with its color television manufacturing, and turned to ITT for help; ITT bought out the company, and for a while, UK products were badged "ITT KB" then eventually just ITT. By the late 1970s, ITT had a good presence on the UK domestic electrical market in television, audio and portable radio products. In February 1962, during

2752-432: The major shipping company of the country. It also had a few listed subsidiaries: COSCO Pacific, COSCO International Holdings , China COSCO Holdings , China International Marine Containers , etc., . Real estate developer, Sino-Ocean Group , was an associate company of COSCO until 2010. In December 2015, COSCO Group merged with fellow Chinese Government owned China Shipping Group to form China COSCO Shipping. COSCO Group

2816-567: The name again changed to ITT Telecommunications , eventually reverting to ITT Kellogg . One prominent subsidiary of this was the American Cable and Radio Corporation , which operated the transatlantic cables of the Commercial Cable Company , among other ventures. It bought Philadelphia -based heating and air-conditioning manufacturer John J. Nesbitt Inc. In 1968, the company purchased Levittown homebuilder Levitt & Sons for

2880-527: The new system took longer than expected to integrate, with further losses. Against the advice of headquarters, ITT Telecommunications ( ITT Kellogg ) in Raleigh, North Carolina undertook the conversion in the US market, and although sales were announced in 1984 and 1985, the attempt ultimately failed, in early 1986. ITT divested its global telecommunications product ventures, such as ITT Kellogg , to Alcatel Alsthom ,

2944-595: The presidency of João Goulart , the State Governor of Rio Grande do Sul Leonel Brizola decided to expropriate a Brazilian subsidiary of ITT, the Companhia Telefônica Nacional. During the next years of Goulart's presidency, the expropriation was one of the most debated Brazilian political issues. The action from the State Governor to expropriate the company was never supported by the Brazilian president at

3008-589: The presidential election, ITT offered the CIA $ 1,000,000 to defeat Allende , though the offer was rejected. Declassified documents released by the U.S. Central Intelligence Agency in 2000 reveal that the company financially helped opponents of Salvador Allende 's government prepare a military coup . On September 28, 1973, an ITT building in New York City was bombed by the Weather Underground for involvement in

3072-578: The same year, a subsidiary was formed in Guangzhou, Guangdong Province. The Guangzhou subsidiary purchased a British vessel and renamed it as Guanghua ( Chinese : 光华 ). Guanghua made its maiden voyage to Jakarta for the People's Republic of China in April 1961. After the US resumed diplomatic relations with China in the 1970s, China Ocean Shipping Company signed an agreement with American company Lykes Brothers Steamship Company in 1979. The agreement opens

3136-545: The spinoff. In 1929, ITT's headquarters were at (75) 67 Broad Street, Manhattan , New York , New York . "During World War II the building was a hub for communications with American submarines operating in the Atlantic Ocean ." From 1961 to 1989, ITT's headquarters were at 320 Park Ave., New York. 1330 Sixth Avenue in Manhattan, New York City, which was ITT's corporate headquarters prior to its merger with Starwood ,

3200-663: The strong trading business of iron wire mesh, such as National-level county, Base of China Wire Mesh, National Advanced County. There is a national class commodity fair in Anping named " Anping Iron Wire Mesh World " where coming visitors can easily find hundreds of factories and agents who display their products. Towns: Anping ( 安平镇 ), Madian ( 马店镇 ), Nanwangzhuang ( 南王庄镇 ). Townships: Dahezhuang Township ( 大何庄乡 ), Chengyouzi Township ( 程油子乡 ), Xiliangwa Township ( 西两洼乡 ), Daziwen Township ( 大子文乡 ), Donghuangcheng Township ( 东黄城乡 ). This Hengshui location article

3264-593: The time Farnsworth was also developing the Fusor fusion reactor , which was funded by ITT until 1967. Also in 1951, ITT bought a majority interest in the Kellogg Switchboard & Supply Company (founded in 1897 as a pioneer in "divided-multiple" telephone switchboards ) and bought the remaining shares the next year. ITT changed the company's name to ITT Kellogg. After merging Federal Telephone and Radio Corporation into ITT Kellogg and combining manufacturing operations

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3328-417: The time and had severe implications for Brazil–United States relations . Some historians even say that the expropriation was one of the reasons for the federal government of the United States supporting the 1964 Brazilian coup d'état . ITT became enmeshed in scandal in connection with the 1972 Republican National Convention . In May 1971, ITT president Geneen pledged $ 400,000 to support a proposal to hold

3392-523: Was a division of ITT Corporation in Nutley , New Jersey . A 300-foot research tower at ITT Avionics was built in 1947 for scientists for microwave communications systems. Research at the tower had stopped in the 1970s. On the morning of April 4, 1996 at 10:00 am, the tower was demolished with explosives to prepare the site for sale. In October 1989, the Naval Air Systems Command (NAVAIR) awarded

3456-495: Was among China's top 15 brands. It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China. COSCO division COSCO Shipping Port Company manages the company's port operations. China Ocean Shipping Company, or COSCO in short, was founded in 1961 as a Chinese government agency . In

3520-433: Was anchored off the coast of Oman . US government alleged that the ship carried material exported to Iran, which could be used to make chemical weapons. COSCO claimed that the ship only contained "paper goods, hardware and machine parts". In what became known as the Yinhe incident , United States military vessels and aircraft followed the Yinhe, disrupting its normal travel route. The United States unilaterally disabled

3584-440: Was asked by the US Federal Maritime Commission (FMC) to submit information regarding Chinese Government restricting U.S.-flag carriers on doing business in China. COSCO asked FMC to drop its probe instead. FMC also investigated COSCO for its pricing behavior in 1997, but stated there was not enough evidence to launch a formal probe on alleged under-pricing its service to eliminate competitor. In August 1993, COSCO's ship Yinhe ,

3648-410: Was closed and finalized in September 2007. An announcement was made September 14, 2010 to close the Cleveland site. An agreement was reached September 18, 2007 for ITT to buy EDO Corporation for $ 1.7 billion. After EDO shareholders' approval, the deal was closed and finalized on December 20, 2007. On April 16, 2009, ITT announced it has signed a definitive agreement to acquire Laing GmbH of Germany,

3712-443: Was founded in 1920 as International Telephone & Telegraph . During the 1960s and 1970s, under the leadership of CEO Harold Geneen , the company rose to prominence as the archetypal conglomerate , deriving its growth from hundreds of acquisitions in diversified industries. ITT divested its telecommunications assets in 1986. In 1995, the company sold off its hospitality portfolio, including Sheraton Hotels and Resorts . In 1996,

3776-423: Was intended to operate in all markets, and in all modes, from local switches to long distance. The design was done at the Advanced Technology Center ( Stamford, Connecticut and then Shelton, Connecticut ). Manufacturing was by ITT's subsidiaries, such as BTM in Belgium , where the first production system was installed at Brecht , in August 1982. Initial sales, particularly in Europe and Mexico, were strong, but

3840-551: Was known as COSCO (Hong Kong) Group Limited. COSCO (H.K.) Group was the direct parent company of COSCO Pacific (valid until December 2004 ) and COSCO International . COSCO (H.K.) Group bought the 20% stake of Chong Hing Bank and the entire stake of Shun Shing Construction from COSCO Pacific and COSCO International respectively in 2007. On 31 July 2009, the Panama -flagged bulk carrier , Full City , operated by COSCO Group's HK division, experienced engine failure and ran aground near Langesund , Telemark , Norway , during

3904-411: Was originally owned by the American Broadcasting Company (ABC), which ITT attempted to acquire in 1963. After a financial downturn, ABC moved out of the building known as "Brown Rock" and sold it to a Japanese conglomerate which then in turn leased a good portion out to ITT Corporation. In 2022, ITT's global headquarters moved out of White Plains, NY and into Harbor Point in Stamford, CT. ITT Avionics

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3968-629: Was retained as an intermediate holding company . In December 2017, COSCO Group (China Ocean Shipping (Group) Company) was re-incorporated from "An industrial enterprise owned by the whole people" to simply a limited company . The name of the company, also changed to China Ocean Shipping Company, Limited ( Chinese : 中国远洋运输有限公司 ). COSCO contains several listed companies and has more than 300 subsidiaries locally and abroad, providing services in freight forwarding , ship building , ship repair, terminal operation, container manufacturing, trade, financing, real estate , and information technology . On

4032-537: Was spun off through an IPO in 1994, with ITT as an 83% shareholder (in September 2016, ESI announced plans to close all of its 130 Technical Institutes in 38 states because their students were no longer eligible for federal aid ). ITT merged its long-distance division with Metromedia Long Distance in March 1989, creating Metromedia-ITT . Metromedia-ITT would eventually be acquired by Long Distance Discount Services, Inc. (LDDS) in 1993. LDDS would later change its name to WorldCom in 1995. In 1995, with Araskog still at

4096-453: Was the Theodore Gary & Company conglomerate, which operated a subsidiary, Associated Telephone and Telegraph, with manufacturing plants in Europe. In the United States, ITT acquired the various companies of the Mackay Companies in 1928 through a specially organized subsidiary corporation, Postal Telegraph & Cable . These companies included the Commercial Cable Company , the Commercial Pacific Cable Company , Postal Telegraph , and

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