ITW’s Electronics Business Up 21%
Published: 21 November 2011
by Staff
GLENVIEW, IL – Illinois Tool Works reported a year-over-year operating revenue increase of 14% for the three months ended Oct. 31.
The power systems and electronics segment posted a rise in revenue of 21 % year-over-year. The unit includes Speedline Technologies, Vitronics-Soltec and other leading brands.
The fourth-quarter forecast assumes a total revenue growth range of 9.5% to 12.5%. For the 2011 full-year, ITW forecasts total revenue growth between 15.1% and 15.9%.
Press Releases
- Surf-Tech Manufacturing Corp. Ensures World-Class Quality with Advanced Conformal Coating Services
- Luminovo Partners with Sluicebox to Offer an Industry-First Instant Product Carbon Footprint for Electronics
- The Assembly Show and SMTAI Announce Colocation in October
- SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri