“The Most Important Things You Need To Know Now About The Stimulus Package” White Paper Now Available from Bell & Gossett

Morton Grove, IL – March 27, 2009
ITT has published a new white paper on the Federal government’s 2009 stimulus package and its impact on HVACR and plumbing construction projects.

The white paper, The Most Important Things You Need to Know about the Stimulus Package, may be downloaded from ITT’s Bell & Gossett website. Visit www.bellgossett.com, and click on “STIMULUS PACKAGE OPPORTUNITIES”.

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. This will include more than $60 billion to support shovel-ready traditional and “green technology” water, wastewater and energy infrastructure needs at the state and local level. In response to the Stimulus Package, Over the next 12 months, federal, state and local governments must commit to and start construction of these infrastructure projects to qualify as the basis of the stimulus program is grounded in the speedy construction of public infrastructure through a combination of grants, loans, loan subsidies, loan guarantees and tax incentives. Funding is provided to support all manner of environmental infrastructure projects ranging from design and planning to construction that benefits the public.

For more information and to download ITT’s white paper visit www.bellgossett.com, and click on “STIMULUS PACKAGE OPPORTUNITIES”.

Bell & Gossett is a brand of ITT Corporation, the leading manufacturer of centrifugal pumps, hydronic specialties, heat exchangers, condensate handling equipment, and packaged systems for variable and constant speed pumping, heat transfer and pressure boosting.

For more information contact ITT at 8200 N. Austin Avenue, Morton Grove, IL 60053; phone 847/966-3700; fax 847/966-9052; or visit www.bellgossett.com.