ITT Corp. (www.itt.com) said it has acquired Kaliburn Inc. through its wholly-owned subsidiary Cleveland Motion Controls Inc., which is headquartered in Cleveland, Ohio.

Kaliburn, which is located in Charleston, S.C., designs and manufactures plasma arc cutting equipment and consumables in metal fabrication. Financial terms of the transaction were not disclosed.

ITT Corp. said Kaliburn will be strategically aligned within its Motion and Flow Controls group.

Kaliburn’s products and services will be sold and marketed along with the Burny/AMC product line. Kaliburn’s plasma arc cutting systems, used in cutting ferrous and non-ferrous metals, will complement the Burny and AMC numerical control products, which are also marketed to the metal fabricating industry.

Established in 1986, Kaliburn (formerly known as InnerLogic, Inc.) is an industry leading manufacturer of plasma cutting systems. Steve Hardwick, former President of Kaliburn and its new Chief Technologist, said “Becoming part of ITT Controls allows Kaliburn the opportunity to grow faster by using ITT’s vast resources and global reach. Our product development efforts will accelerate, distribution channels will broaden and our association with the Burny and AMC product brands will greatly increase our presence in the global marketplace.”