ITT publishes white paper on water, energy initiatives in stimulus package
WHITE PLAINS, N.Y. - ITT Corporation (NYSE: ITT), the leading provider of pumps and systems to move and treat water and wastewater, has published a new white paper titled: The Most Important Things You Need to Know about the Stimulus Package.
On February 17, 2009 President Barack Obama signed into law The American Economic Recovery and Investment Act to stimulate the economy through an injection of $787 billion in federal spending, including $60 billion to support traditional and “green technology” environmental infrastructure projects. This includes shovel-ready projects to improve water and wastewater infrastructure, as well as energy-saving initiatives.
ITT has extensive engineering expertise and innovative technology that has been instrumental to the creation and success of energy-efficient clean water and wastewater projects around the globe, as well as equipment to make homes and commercial buildings more energy-efficient. ITT’s white paper can be downloaded at www.itt.com/now
“Communities around the country, from major metropolitan cities to rural small towns, are now working to secure funds to launch much-needed infrastructure projects, such as drinking water and wastewater projects,” said Colin Sabol, vice president of business development for ITT’s Fluid Technology business. “ITT has extensive experience with the planning and creation of such projects, and measuring how project success produces benefits to the health and economy of a community.”
The goal of this white paper is to provide consulting engineers, as well as state and local municipal boards, with the straightforward information and practical advice they need to embark on shovel-ready projects. Some of this information includes:
* A list of the key federal agencies involved in environmental infrastructure program implementation and project assistance;
* Guidance about the resources available to help plan projects and deal with the expedited project approvals timeframe to ensure critical deadlines — the application of funds, submission of project proposals and construction start-dates — are met; and,
* An overview of a variety of the products available to be used in the construction and successful completion of environmental infrastructure projects.
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