ITW revenues up 16%
Illinois Tool Works Inc. reported a total operating revenue increase of 16 percent for the quarter compared to the year-ago period.
Base revenues contributed 6 percent, while acquisitions added 4 percent and currency translation added 6 percent to total revenues. Worldwide end markets exhibited generally stable growth trends for the three-month period.
On a segment basis, the Polymers and Fluids segment had the largest increase (32%), followed by Transportation (24%), Industrial Packaging (17%), Power Systems and Electronics (16%), and Construction Products (14%).
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GME Supply. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Howard Coleman, as well as interviews with numerous product and distribution industry experts.
