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May 15, 2008

ITW Sales Grow 11.5%

Illinois Tool Works Inc., Glenview, IL, reported operating revenue increased 11.5% for the quarter ended April 30, 2008. Growth in revenues was primarily due to contributions from translation and acquisitions.

By segment:
Industrial Packaging +14.9%
Power Systems and Electronics +8.9%
Transportation +11.5%
Construction Products +2.7%
Food Equipment +25.1%
Polymers and Fluids +27.8%
Decorative Surfaces +3.3%
All Other +8.6%
 
Above numbers include base revenues, acquisitions/divestitures and currency translation.
 
With $16.2 billion in revenues, ITW is a diversified manufacturer of highly engineered components and industrial systems and consumables. The company consists of 825 business units in 52 countries and employs some 60,000 people.

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