GLENVIEW, Ill. -- Illinois Tool Works Inc. (ITW) has reported a corrected total company operating revenue increase of 5 percent for the three months ended Jan. 31, 2010, versus the year-ago period. ITW’s original report, published yesterday, incorrectly noted a 9 percent increase in total operating revenue for the three months.

ITW has reported a total company operating revenue increase of 5 percent for the three months ended Jan. 31, 2010, versus the year-ago period. The growth in revenues consisted of acquisitions and currency translation contributing 1 percent and 6 percent, respectively. Base revenues declined 2 percent in the three-month period. The base revenue decrease of 2 percent in the most recent period improved versus the 2009 fourth quarter when base revenue fell 10 percent on a year-over-year basis. The sequential base revenue improvement was largely due to easier January comparisons and the substantial improvement in the North American automotive OEM end market.