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News

Recent IMTT News and Press Releases


 STAX Engineering Secures $150 Million Financing from Bain Capital to Scale Maritime Emissions Capture Ahead of CARB’s 2027 Tanker Compliance Deadline New financing supports STAX’s Northern California tanker expansion with IMTT and TransMontaigne, bringing deployable clean-air infrastructure closer to Bay Area communities 

June 30, 2026

 LONG BEACH, CALIF. — June 30, 2026 — STAX Engineering, a pioneer in maritime emissions capture and control, today announced a $150 million financing commitment from Bain Capital’s Private Capital Group to fund contracted builds through 2027 and accelerate deployment of its technology to ensure tanker operators have access to service capacity ahead of the…

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IMTT and the Louisiana Environmental Action Network (LEAN) announce a pioneering partnership

September 19, 2024

St. Rose, La. – Today, IMTT and the Louisiana Environmental Action Network (LEAN) announced a pioneering partnership to help build a neighborhood-based air quality monitoring system in St. Rose, Louisiana. The effort, part of the larger project known as the Louisiana Community Air Monitoring Network, will install stationary sensors between Baton Rouge and New Orleans…

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ITT Holdings LLC (IMTT) Announces 2024 Lender Meeting

April 2, 2024

NEW ORLEANS, LA, April 2, 2024 — IMTT announced today that it will host a Lender Meeting on May 2, 2024, in New Orleans. Carlin Conner, chairman and CEO, Matt Rosenboom, CFO, and other members of executive management will present 2023 financial results as well as an update on the business and key strategic initiatives….

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ITT Holdings LLC (IMTT) Announces Upcoming Investor Conference Participation

January 16, 2024

NEW ORLEANS, LA, January 12, 2024 — IMTT announced today that that it will participate in the following investor events during 2024: The presentation materials used in these events will be posted within the Investor portal accessible through IMTT’s website. About IMTT  Founded in 1939 and headquartered in New Orleans, Louisiana, IMTT is an industry…

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IMTT announces $500,000 in donations to New Orleans-area nonprofits as part of its Community Impact Initiative

January 4, 2024

NEW ORLEANS – Two nonprofit organizations serving the Greater New Orleans area have been chosen to receive $250,000 from New Orleans-based IMTT as the inaugural partners of the company’s previously announced Community Impact Initiative. Heroes of New Orleans, an organization dedicated to improving the health, education and welfare of the New Orleans residents and Silence…

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