ITW Elects Richard Lenny To The Board Of Directors
Lenny was an operating partner with Friedman, Fleischer & Lowe LLC, a private equity firm, from 2011 to August 2014.
ITW Reports Second Quarter 2014 Financial Results
Total revenues went up 4 percent; organic revenues grew 1.4 percent.
ITW Closes Sale Of Industrial Packaging Segment To The Carlyle Group
In September 2013, the company announced that it intended to utilize its existing share repurchase authorization to repurchase approximately 50 million shares in order to fully offset the divestiture-related EPS dilution.
‘Experience the Transformation’ 2014 Tour Features ITW Global Brands: Rain-X, Gumout And Black Magic
The 2014 tour, created and managed by GES (Global Experience Specialists), will be on display showcasing the new interactive demos that will be presented at more than 20 automotive consumer events around the country from NHRA and Formula Drift races to Woodward Dream Cruise, SEMA and Carlisle Ford Nationals.
ITW Reports First Quarter 2014 Financial Results
Total revenues grew 4 percent to $3.6 billion and operating income increased 16 percent to $667 million.
ITW Global Brands Announces Official Sponsorship Of Mustang Club Of America’s ‘Mustang 50th Birthday Celebration’
Text-to-win Mustang sweepstakes at O’Reilly Auto Parts for a 2015 Mustang, instant offers and 6,000 other prizes.
ITW Reports Fourth Quarter 2013 Financial Results
Total company revenues were $3.55 billion while operating income totaled $628 million.
ITW Reports Third Quarter 2013 Results
Total company operating revenues were $3.6 billion while operating income was $678 million.
ITW Board Authorizes Plan To Sell Industrial Packaging Segment
ITW said that it plans to reclassify the Industrial Packaging segment’s businesses to discontinued operations in the third quarter of 2013. The company expects the sale process to conclude by mid-2014.
Michael Larsen Elected Chief Financial Officer Of ITW
Larsen recently served as president and CEO of Gardner Denver Inc., a worldwide manufacturer of highly engineered products for a variety of industries.