| Business Summary | | Illinois
Tool
Works
Inc.
manufactures
and
markets
a
variety
of
products
and
systems
that
provide
specific,
problem-solving
solutions
for
a
diverse
customer
base
worldwide.
The
Company
has
approximately
600
operations
in
43
countries.
Illinois
Tool
Works'
business
units
are
divided
into
six
segments,
Engineered
Products-North
America,
Engineered
Products-International,
Specialty
Systems-North
America,
Specialty
Systems-International,
Consumer
Products
and
Leasing
and
Investments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Illinois
Tool
Works
Inc.
is
a
multinational
manufacturer
of
highly
engineered
products
and
specialty
systems.
The
Company
primarily
serves
the
construction,
food
retail
and
service,
automotive,
and
general
industrial
markets.
For
the
six
months
ended
6/30/01,
revenues
fell
2%
to
$4.91
billion.
Net
income
fell
16%
to
$415.5
million.
Results
reflect
reduced
North
American
demand
for
engineered
products
in
the
automotive
market
and
higher
goodwill
amortization
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| James Farrell, 58 Chairman,
CEO | $2.3M | $651K | Frank Ptak, 57 Vice
Chairman | 1.1M | -- | James Ringler, 55 Vice
Chairman | 1.9M | 16M | Russell Flaum, 50 Exec.
VP | -- | -- | David Flood, 49 Exec.
VP | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|