STAMFORD, Conn. – ITT Inc. has announced the election of Maggie Chu to its board of directors. Chu currently serves as chief human resources officer of Littelfuse, Inc., a global manufacturer of circuit protection and power control components serving customers across industrial, transportation and electronics end markets with a market capitalization of more than $6 billion.

In July, U.S. import prices increased by 0.1%, following no change in June, driven by rises in both fuel and nonfuel import prices.