Illinois Tool Works Archives

Supplier Earnings Roundup: CAT, Eaton, ITW

It’s another week for industrial manufacturers’ financial reports. We recap the key figures for thee of them here.

E. Scott Santi, ITW’s CEO since 2012, will step down as CEO and will remain Chairman of the ITW Board until March 1, 2024.

It’s a big week for industrial manufacturer’s financial reports. We recap the key figures for six of them here.

MDM looks at another round of earnings reports from industrial distributors and manufacturers.

Acquired from Illinois Tool Works, the purchase price is $59 million.

MDM looks at reports from Stanley Black & Decker, Avnet, Timken, Illinois Tool Works, MSA Safety Incorporated, Caterpillar and Saint-Gobain.

Holcim said the deal is expected to accelerate growth in Solutions & Products to reach 30% of group net sales by 2025.

Illinois Tool Works also reported second-quarter net income of $775 million versus $319 million a year ago.