1/29/2010
NEWS BRIEFS
ITW Acquires UK Coatings Firm

Illinois Tool Works acquired UK-based specialty coatings maker ICI-Imagedata, Plastics News reports. Terms were not disclosed.

The new business unit will be called ITW Imagedata and reportedly employ about 50 workers. Imagedata was founded in 1988 and is headed by general manager Ian Stephenson.

Glenview, IL-based ITW is a multinational manufacturer consisting of 840 business units in 57 countries and 59,000 employees. The company reported $13.87 billion in 2009. ©2010 GlobalFastenerNews.com

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