ITW Heartland Announces Operational Audit Results

December 2008 – ITW Heartland announced that it has received the highest possible rating on an operational audit conducted by Illinois Tool Works corporate auditors. In today’s unstable economy, full of stories of poor financial management and reporting, it is reassuring to know ITW Heartland has emerged from the rigors of an extensive audit with high marks.
Scoring well in the operational audit allows for stronger confidence from Illinois Tool Works, Inc. and provides ITW Heartland the continued support and financial strength of its parent company Illinois Tool Works to secure capital and make strategic investment decisions.

About ITW Heartland

ITW Heartland is a certified leader in precision engineered machines, parts, gears, and electro-mechanical products. Located in Alexandria, Minnesota, ITW Heartland has four distinct divisions: Spiroid Gearing (design and manufacturing of custom right angle drives, gear boxes and loose gearing); Manufactured Products (low to mid quantity precision machining with a specific expertise in horizontal CNC technology); Strategic Assembly Solutions (complete machine design and assembly services); and ITW Gear Machines (designer and manufacturer of full line of high speed gear inspection and gear burnishing die equipment). As an Illinios Tool Works Company, ITW Heartland operates from a position of financial stability, engineering excellence, and refined manufacturing process.

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