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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
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the hope that this small money they got from pawning a
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multi billion dollar corporation.
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Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 183
Company Information
Name: Illinois Tool Works Inc.
Industry: Misc. Capital Goods
Description: Illinois Tool Works Inc. is a manufacturer of highly engineered products that include plastic and metal components and fasteners. The Company also designs and manufactures specialty systems such as industrial packaging equipment and plastic and steel strap, welding equipment and consumables and equipment and consumables that multi-pack cans and bottles for the food and beverage industry. The Company is also involved in leasing and investments, which include mortgage-related activities, equipment leasing, property development, affordable housing limited partnerships and a venture capital fund.
Financial Summary: For the nine months ended 30 September 2005, Illinois Tool Works Inc.'s revenues increased 11% to $9.63B. The Company's net income for the period increased 12% to $1.09B. Revenues reflect growth from the North American Engineered Products division due to acquisitions and base revenue growth, and significantly higher leasing and investment income. Earnings also benefitted from a lower effective income tax rate.
Business Summary: Illinois Tool Works Inc. (ITW) is a worldwide manufacturer of highly engineered products and specialty systems. The Company has approximately 650 operations in 45 countries that are aggregated and organized into five segments: Engineered Products-North America, Engineered Products-International, Specialty Systems-North America, Specialty Systems-International, and Leasing and Investments. The Engineered Products segment manufactures a variety of short lead-time plastic and metal components and fasteners, as well as specialty products for a diverse customer base. The Specialty System segment designs and manufactures longer lead-time machinery and related consumables, as well as specialty equipment for a diverse customer base. The Leasing and Investments segment makes investments in mortgage entities, leases of telecommunications, aircraft, air traffic control and other equipment, as well as properties, affordable housing and a venture capital fund.
Misc Details
Symbol: ITW
City: Glenview
State: IL
ZIP Code: 60026
Address: 3600 West Lake Avenue
Phone: 847-724-7500
Fax: 847-657-4261
Website: http://www.itwinc.com
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