GLENVIEW, IL -- Illinois Tool Works today reported operating revenue rose 10% year-over-year for the quarter ended Feb. 28. Its Power Systems and Electronics group, which includes Kester Solder, Speedline and Vitronics-Soltec, reported sales grew 5.4%.
Base revenues were up 2%, acquisitions 2%, and currency translation 6%, respectively. The company credited higher demand from global automotive manufacturers.