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Despite the highly volatile economic conditions of 2009, ITW remained financially stable—and made steady improvements— as the year progressed. We owe our success to broad geographic and product diversification and to more than 800 decentralized, distinct business units and associated brands. From engineers and service technicians to general managers and executive leadership, our local businesses were able to act quickly, adapt, and seize opportunities.
But as a part of ITW, our businesses were also guided by ITW’s proven strategies of 80/20, innovation, and global growth. Throughout an extremely difficult year, ITW remained focused on long-term goals, employing our
best tools so that we are poised to take advantage of any
type of recovery.
At ITW, we are driven by our brands, and guided by
our perspective.
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