ITW's Q2 Operating Income Up 10% Print E-mail
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Written by Mike Buetow   
Tuesday, 16 September 2008 09:23
GLENVIEW, IL – Illinois Tool Works today reported operating revenues rose 10.1% for the three months ended Aug. 31, on the back of translation and acquisitions.
  
For the quarter, the Power Systems and Electronics division was up 13.2% year-over-year. The division includes several electronics manufacturing OEMs, including Speedline Techologies and Vitronics-Soltec.
 
Separately, ITW plans to divest its Decorative Surfaces and Click Commerce businesses. The units have approximately $1.3 billion in annual revenues. 
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