The 2020 Mid-Year Economic Update_long

Latest In Illinois Tool Works

Illinois Tool Works Inc., Glenview, IL, has acquired Peerless Machinery Corp., Sidney, OH, a manufacturer and supplier of mixers, bread dividers, dough handlers, and other food processing equipment.
 
The Peerless Group will be a wholly owned unit of ITW and part of the company's existing food equipment group. ITW will continue to operate Peerless as a separate business under the Peerless brand name.
 
Peerless has an excellent reputation in the industry and is a good fit in ITW's portfolio of food equipment businesses," said Marc Fooksman, a group president of ITW. "The acquisition of Peerless will help support the continued growth of the food equipment group, specifically in the wholesale baking industry."
 
ITW is a $14.1 billion diversified ...
Illinois Tool Works Inc., Glenview, IL, revenues increased 16.6% in the three months ended Nov. 30, 2007. Organic growth was 2.5%.
&nbsp ;
International base revenues were up 5% while North American revenues grew less than 1%.

On a manufacturing segment basis, the company's three-month moving average percentage change for operating revenues, comprised of base revenues and acquisitions net of divestitures, was:


  • Engineered Products/North America sales were up 2.2%.

  • Engineered Products/International sales were up 26.4%.

  • Specialty Systems/North America sales were up 7.7%.


  • Specialty Systems/International sales were up 16.2%.


ITW is a $14.1 billion diversified ...
Illinois Tool Works Inc., Glenview, IL, reported revenue growth of 15.6% for the quarter ended Oct. 31, 2007. Base revenues were up 2.2%, due to strength in international markets. North American organic growth was flat in the quarter.
&nbsp ;
With acquisitions, sales changes were:
Engineered Products/North American +1.7%
Engineered Products/International +24.9%
Specialty Systems/North America +8.3%
Specialty Systems/International +19.5%
&nbsp ;
ITW is a $14.1 billion diversified manufacturer of highly engineered components and industrial systems and ...
FLSmidth of Denmark has agreed to sell Densit A/S to Illinois Tool Works Inc.

FLSmidth wants to refocus its operations on Cement and Minerals. Densit was one of the Group's final remaining non-core units.

Densit employs 68 people, and its turnover in 2006 amounted to DKK 144m (EUR 19m/US$27 million). Densit produces cement-based special-purpose materials used in the security industry, for wear protection, for industrial flooring and for reinforcement of offshore drilling rigs and offshore wind turbine foundations. The company also produces wear-resistant components for the cement and power-generating industries.

ITW, a $14 billion diversified manufacturer, produces engineered fasteners and components, equipment and consumables as well as specialty products. ...
Illinois Tool Works Inc. has acquired Texas-based software provider Ameri-CAD Inc. The acquisition includes Ameri-CAD's architectural services division as well as software solutions VisionREZ & VUDOX.
&nbsp ;
Ameri-CAD will function as a separate business unit in the ITW Building Components Group.
&nbsp ;
Illinois Tool Works acquisition of Ameri-CAD enables us to more quickly and effectively deliver on the promise of technology to a fragmented housing industry. Ameri-CAD's intelligent model-based CAD software integrates and consolidates architectural, engineering and manufacturing data resulting in improved communication, and enhanced ROI," said Jimmy Moore, Ameri-CAD, Inc. CEO.
&nbsp ;
Illinois Tool Works Inc. is a diversified manufacturer of fasteners and ...
Illinois Tool Works has acquired Tregaskiss Welding Products of Windsor, Ontario, Canada.
&nbsp ;
Tregaskiss is a manufacturer of robotic and semi-automatic MIG welding torches and peripherals.
&nbsp ;
Tregaskiss, a privately held company, employs 179 people and offers its products through welding supply distributors in Canada and the U.S. The company will continue to operate independently, which is consistent with ITW's decentralized organizational structure.
&nbsp ;
Other ITW welding companies include Hobart Brothers, Jetline Engineering, Smith Equipment, Tempil and Weldcraft.
&nbsp ;
ITW, Glenview, IL, is a $14.1 billion diversified manufacturer of highly engineered components and industrial systems and ...
Diversified industrial manufacturer Illinois Tool Works Inc., Glenview, IL, reported sales in many North American end markets continue to be weak.
&nbsp ;
Sales for the quarter ended April 30, 2007, increased 15%. That included a 10% increase from acquisitions (minus divestitures), 2% growth from base revenues, and 3% from translation and other items.
&nbsp ;
Sales in Engineered Products/North America were down 2% from the same period a year ago; Engineered Products/International sales were up 27%. Specialty Systems/North America sales were up 9%; Specialty Systems/International sales were up 21%.
&nbsp ;
ITW is a $14.1 billion diversified manufacturer of highly engineered components and industrial systems and consumables. The company has 750 business units in 49 ...
Illinois Tool Works Inc., Glenview, IL, reported sales increased 14% in the first quarter 2007, and profit went up 10%. Revenue was $3.76 billion.
&nbsp ;
The increase came from strong results in international end markets tempered by slowing growth in a number of North American end markets. Total company base revenues grew 1%, with international base revenues increasing 8.9% and North American revenues declining 3.5%. Acquisitions added 10.7% to first-quarter revenues.
&nbsp ;
North American Engineered Products first quarter revenues were slightly negative as base revenues declined 6.5% and acquisitions added 6.7%. Base revenues declined principally as a result of end market weakness in the residential construction and Detroit 3 automotive markets as well as a slowing across ...

Illinois Tool Works Inc., Glenview, IL, reported revenues increased 15% in the three months ended Feb. 28, 2007. About 2% was from base revenues, 11% from acquisitions, and 2% as a result of translation and other items.
&nbsp ;
Organic growth benefited from strong demand from international end markets; however, North American end markets continued to show signs of moderating growth or declines.
&nbsp ;
By segment, growth was 5% in engineered products/North America; 20% engineered products/International; specialty systems/North America; 22% specialty systems/International.
&nbsp ;
ITW is a $14.1 billion diversified manufacturer of highly engineered components and industrial systems and consumables. The company is in 49 ...

Illinois Tool Works Inc., producer of highly engineered components, equipment, consumable systems, and specialty products, has bought Quasar International, Inc., the inventor of PCRT (Process Compensated Resonant Testing), a NDT (Nondestructive Test) method. Quasar is in Albuquerque, NM. Terms of the transaction were not disclosed.


&nbsp ;


Quasar will continue to operate as an independent company, consistent with the ITW decentralized organization structure. Quasar will be associated with MAGNAFLUX, a division of Illinois Tool Works Inc., a supplier of Magnetic Particle equipment, Dye Penetrant inspection equipment, and associated chemical products used for nondestructive testing. Quasar operations in Albuquerque and Detroit will remain essentially unchanged, and ...