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ITW Looking At A New Strategy: Acquisitions

Written by The Ashton Report

Illinois Tool Works, whose Food Equipment Group generates $2.2 billion in global sales a year, is beginning to look at potential acquisitions for the first time in more than a decade, according to a report in Crain’s Chicago Business. The company, which owns Hobart, Vulcan, Traulsen and other equipment brands, has focused recently on boosting…

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