8/17/2010
NEWS BRIEFS
ITW Fastener Sales on the Rise
Illinois Tool Works Inc. reported sales in its Transportation segment, including fasteners, jumped 29% in the three-month period ended July 31.
Construction segment sales, including fasteners, also grew, increasing 16% during the period.
Overall ITW revenue improved 16%, including a 13% boost in organic sales.
Glenview, IL-based ITW is a multinational manufacturer consisting of 840 business units in 57 countries and 59,000 employees. The company reported $13.9 billion in 2009. ©2010 GlobalFastenerNews.com
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