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Illinois Tool Works Inc. (ITW)

At 16:01 EST: 43.29 USD  Up 1.04 (2.46%)  
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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): 55,000

BUSINESS SUMMARY
Illinois Tool Works, Inc. (ITW) manufactures engineered products and specialty systems worldwide. Engineered products business offers plastic and metal components and fasteners, as well as specialty products. In the plastic and metal components and fasteners category, it offers metal fasteners and tools; metal plate connecting components, machines, and software; laminate products; metal fasteners and components; plastic components; and plastic fasteners used in the commercial, residential, and renovation construction industries, as well as in automotive, appliance, furniture, electronics, and general industrial applications. The company's specialty products comprise reclosable packaging products; hand wipes and cleaners; chemical fluids; adhesives; epoxy and resin-based coating products; components for industrial machines; automotive aftermarket maintenance and appearance products; swabs, wipes, and mats for clean room usage in the electronics and pharmaceutical industries; and electronic component packaging trays. ITW's specialty systems consist of machinery and related consumable products, including industrial packaging equipment, and plastic and steel strapping; welding equipment, metal consumables, and related accessories; equipment and plastic consumables that pack cans and bottles; plastic stretch film and related packaging equipment; paper and plastic products; marking tools and inks; foil and film, and related equipment; and solder materials, services, and equipment. Its specialty systems products also include commercial food equipment, such as dishwashers, refrigerators, cooking equipment, and food machines, as well as retail scales and other food processing equipment; paint spray equipment; materials and structural testing machinery and software; static control equipment; airport ground power generators for commercial and military applications; and supply chain management software. The company was founded in 1912 and is based in Glenview, Illinois.
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    OFFICERS
      Pay Exercised
    Mr. David B. Speer , 55
    Chairman, Chief Exec. Officer and Member of Exec. Committee
    $ 2.43M $ 1.08M
    Mr. Thomas J. Hansen , 59
    Vice Chairman and Exec. VP
    N/A N/A
    Mr. Ronald D. Kropp , 42
    Chief Financial Officer, Principal Accounting Officer, Sr. VP and Controller
    $ 430.00K N/A
    Mr. Russell M. Flaum , 57
    Exec. VP
    $ 1.01M $ 299.00K
    Mr. Hugh J. Zentmyer , 61
    Exec. VP
    $ 986.00K $ 1.37M
    Dollar amounts are as of 31-Dec-06 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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