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Goulds Pumps Chevrolet In Top Spot for NASCAR Season-Opener

13 February 1998

Goulds Pumps Chevrolet In Top Spot for NASCAR Season-Opener

    SENECA FALLS, N.Y., Feb. 13. -- Mike McLaughlin, driver of
the No. 34 Goulds Pumps Chevrolet and one of this decades most successful
NASCAR drivers, has won the Bud Pole Award for tomorrow's NAPA Auto Parts 300,
the season opener for the NASCAR Busch Series Grand National Division.
    McLaughlin's win puts him in top position for Saturday's race, which takes
place at the Daytona International Speedway.  The competition will be
broadcast on CBS television beginning at 12 noon E.S.T.
    McLaughlin has finished in the top-10 in points in the NASCAR Busch Series
the last three seasons.  McLaughlin's No. 34 Chevrolet is sponsored by Goulds
Pumps, which is part of ITT Fluid Technology Company, the world's leading pump
producer and one of ITT Industries three core businesses.
    ITT Industries (http://www.ittind.com) is a leading worldwide diversified
manufacturing company, with 1996 sales of $8.4 billion in its three primary
business segments: Automotive, Defense and Electronics, and Fluid Technology.
ITT Fluid Technology is the world's leading manufacturer of pumps, systems and
services for the movement, measurement and control of fluids.  ITT Automotive
is one of the largest independent suppliers of systems and components to
automotive manufacturers.  ITT Defense and Electronics is a leader in the
design, manufacture and support of high technology electronic systems and
components for defense and commercial markets.  In addition to the New York
Stock Exchange, ITT Industries' stock is traded under the symbol ("IIN") on
the Midwest, Pacific, London, Frankfurt and Paris exchanges.

SOURCE  ITT Fluid Technology Company