Illinois Tool Works Inc. (NYSE: ITW), Glenview, IL, reported sales for 2017 of $14.3 billion, up 5.1 percent from 2016. Profit decreased 17.1 percent to $1.7 billion.
For the fourth quarter, sales were $3.6 billion, up 6.8 percent from the same period a year ago. The company reported a loss for the quarter of $76 million, compared to a profit of $507 million the previous year's quarter.
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