Bazibaza comments :
Even though the article is quite long, it is very instructive to know better this great company that ITW is now. And not only from a stock market point of view.
1 Synopsis: I should note first that when I started writing the article, Illinois Tool Works Inc. (ITW) was trading in the range of $41; it has since then recovered by 10%.
Illinois Tool Works is a Fortune 200 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products. It was founded in 1912 by Byron L. Smith. In 2007, ITW had more than 20,000 unexpired patents and pending patent applications worldwide, including 2,900 U.S. patents and 1,116 pending U.S. applications. The company typically ranks in the top 100 of patent issuers in the U.S. The company earned $15,870 million in revenue and $1,527 million in net income. (…)
