COVID Stimulus Watch Individual Entry
Recipient Company:
ILLINOIS TOOL WORKS INC.
Contract Amount:
$196,986
Recipient Details
Ownership Structure: publicly traded (ticker symbol ITW)
Facility Street Address: 600 KNIGHTSBRIDGE PKWY
Facility City: LINCOLNSHIRE
Facility State: IL
Facility Zip Code: 600693617
Facility Congressional District: IL-10
Facility NAICS Code: 333992 : Welding and Soldering Equipment Manufacturing
Award Details
Award Date: Sep 15, 2020
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: MISCELLANEOUS SERVICE AND TRADE EQUIPMENT
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: Illinois Tool Works
Headquartered in: Illinois
Parent Sector: industrial equipment
Parent Industry: industrial equipment
Employees (prior to pandemic): 45,000
Accountability Issues Since 2010
Employment-related Penalties: $4,200,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $1,063,704
Ratio of CEO Pay to that of Median Worker: 298 to 1
CEO Compensation: $15,440,345
Worker Median Pay: $51,892
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