Manufacturing Industry
ITW buys recycler St. Jude.(Illinois Tool Works Inc)(St. Jude Polymer Corp.)
Plastics News, September, 2005 by Toloken, Steve
Byline: Steve Toloken Illinois Tool Works Inc. has bought recycler St. Jude Polymer Corp. to supply plastic to the strapping manufacturing operations of ITW's Signode division. Terms were not disclosed, but an official with Glenview, Ill.-based ITW said the company plans additional investments in St.
Jude, and plans to keep St. Jude's existing management team of President Steve Babinchak and Vice President Frank Petrachonis in place. "The main focus of this is for the PET to support Signode's growing strapping business,'' said John Becker, vice president and general manager for Signode Plastics. "We've worked together a long time with St. Jude ... and we decided to get together.'' ITW completed the acquisition Sept. 1. Signode is one of North America's...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
