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Illinois Tool Works Inc. (ITW)

On Nov 24: 49.39 USD  Down 0.39 (0.78%)  
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Illinois Tool Works Inc.
3600 West Lake Avenue
Glenview, IL 60026-1215
Phone: 847-724-7500
Fax: 847-657-4261
Web Site: http://www.itwinc.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Industrial Goods
Industry: Diversified Machinery
Employees (last reported count): 65,000

BUSINESS SUMMARY
Illinois Tool Works Inc. manufactures a range of industrial products and equipment worldwide. The company’s Industrial Packaging segment offers steel and plastic strapping and related tools and equipment; plastic stretch film and related equipment; paper and plastic products that protect goods in transit; and metal jacketing and other insulation products. Its Power Systems & Electronics segment provides arc welding equipment; metal arc welding consumables and related accessories; metal solder materials for PC board fabrication; equipment and services for microelectronics assembly; electronic components and component packaging; and airport ground support equipment. The company’s Transportation segment offers metal and plastic components, fasteners, and assemblies; fluids and polymers; fillers and putties; and polyester coatings, and patch and repair products. Its Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; and kitchen exhaust, ventilation, and pollution control systems. The company’s Construction Products segment offers anchors, fasteners, and related fastening tools for wood and concrete applications; metal plate truss components, and related equipment and software; and packaged hardware, fasteners, anchors, and other products for retail. Its Polymers & Fluids segment provides adhesives, chemical fluids, epoxy and resin-based coating products, hand wipes and cleaners, and pressure-sensitive adhesives and components. In addition, the company offers plastic reclosable packages and bags, and consumables; plastic and metal fasteners, and components; foil and film products; product coding and marking, paint spray, and static and contamination control equipment; and swabs, wipes, and mats. It sells its products primarily to industrial, construction, automotive, food and beverage, primary metals, electronics, consumer durables markets. The company was founded in 1912 and is based in Glenview, Illinois.
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    OFFICERS
      Pay Exercised
    Mr. David B. Speer , 56
    Chairman, Chief Exec. Officer and Member of Exec. Committee
    $ 2.69M $ 1.29M
    Mr. Ronald D. Kropp , 43
    Chief Financial Officer, Sr. VP and Controller
    $ 745.00K $ 11.00K
    Mr. Russell M. Flaum , 58
    Exec. VP
    $ 943.00K $ 366.00K
    Mr. Thomas J. Hansen , 60
    Vice Chairman and Exec. VP
    $ 1.21M $ 0
    Ms. Valerie Kennedy ,
    Group Pres of Marking and Sealing
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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