COVID Stimulus Watch Parent Company Summary

Parent Company Name:
Illinois Tool Works
Grant Total: $0
Face Value of Loans Total: $5,540,858

Parent Company Data

Ownership Structure: publicly traded (ticker symbol ITW)
Headquartered in: Illinois
Sector: industrial equipment
Industry: industrial equipment
Employees (prior to pandemic): 45,000

Parent Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $4,200,000
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $656,259
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 298 to 1
CEO Compensation: $15,440,345
Worker Median Pay: $51,892
Tax icon
Total Federal, State, and Local Subsidies: $632,965
Federal Corporate Income Tax Rate: 21.8%
Details on Accountability data sources

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Individual Award Records

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Grant Amount:
Face Loan Amount:$5,540,858
Contract Amount:
Award Date:Jul 10, 2020

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