GLENVIEW, Ill., May 08, 2017 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) announced the following investor events:
Vice Chairman, Christopher A. O’Herlihy, and Senior Vice President and Chief Financial Officer, Michael M. Larsen, will present at the Electrical Products Group Spring Conference on Wednesday, May 24, 2017 from 8:15 – 8:55 a.m. (EDT).
Vice Chairman, Christopher A. O’Herlihy, and Senior Vice President and Chief Financial Officer, Michael M. Larsen, will present at the Deutsche Bank Global Industrials and Materials Summit on Thursday, June 8, 2017 from 10:00 – 10:35 a.m. (CDT).
A live webcast and replay of each event will be available on ITW’s website at www.itw.com.
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $13.6 billion in 2016. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW has more than 50,000 dedicated colleagues in operations around the world who thrive in the company’s unique decentralized and entrepreneurial culture. To learn more about the company and the ITW Business Model, visit www.itw.com.
Investors Contact: Mike Drazin 224.661.7433 mdrazin@itw.com
Illinois Tool Works Inc. is a diversified industrial group organized around 7 families of products:
- automotive equipment (20.1% of net sales). Besides, the group proposes products for maintenance and refurbishment (coatings, sealants, shutters, etc.);
- electronic equipment (17.5%): primarily equipment of microelectronic assembly. The group also provides test and measurement equipment and software;
- equipment for industrial kitchens (16.3%): cookers, dishwasher, ovens, refrigerators, cupboards, systems of aeration, etc.;
- construction systems and materials (12.6%): powder and gas nailing, perforators and consumables (fuses, chisels, pads, plugs, etc.) intended for applications on wood, steel and concrete;
- polymers, coatings, resins, adhesives and lubricants (11.2%);
- metallurgical equipment (10.5%): arc welding equipment, blowtorches, welding accessories, etc.
- specialty products (11.3%): industrial packaging systems and materials, products coding and marking equipment, etc.
Net sales are distributed geographically as follows: the United States (47.1%), North America (6.9%), Europe/Middle East/Africa (25.8%), Asia/Pacific (18.3%) and South America (1.9%).