This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ITW Medical Products Announces Acquisition Of Coeur Holding Company

HEBRON, Ill., Oct. 8, 2012 /PRNewswire/ -- ITW Medical Products, a division of Illinois Tool Works (NYSE: ITW), today announced it has completed the purchase of Coeur Holding Company, a leading provider of disposable medical products used in diagnostic imaging and other medical procedures. Terms of the transaction were not disclosed.

"Coeur has great customer focus, innovative medical products and a talented leadership team," said Jim Van Ingen, ITW Group President. Jay Cude, CEO of Coeur, said "I am excited about joining ITW. The company is committed to the medical products market and is planning on investing in Coeur's growth. Our customers will also have access to the ITW Medical Products Filtertek line of products."

ITW Medical Products is now a division comprised of two strong medical product brands, Coeur and Filtertek, situated to proactively meet the needs of customers in the marketplace. The Filtertek product line is comprised of custom plastic insert molded filtration and flow control components for global OEM medical device customers. Coeur is a leading provider of disposable medical products used in diagnostic imaging and other medical procedures. ITW Medical Products will continue selling both Coeur products and the Filtertek line under their respective brands. "Both Coeur and Filtertek have strong brand equity and a history of providing innovative medical products to OEM Medical Device customers who demand excellence." said Law Burks, VP and General Manager of ITW Medical Products, who stated further that, "ITW Medical Product customers will now have access to a broader range of fluid management, filtration, flow control and tubing products." ITW Medical Products' global footprint now includes manufacturing, and sales operation locations in: Hebron, IL; Elk Grove Village, IL; Sheboygan, WI; Washington, NC; Shanghai, China; Sao Paulo, Brazil; Newcastle West, Ireland; Juarez, Mexico; Saltillo, Mexico and Madrid, Spain.

Celebrating its 100-year anniversary in 2012, ITW is a Fortune 150 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The Company focuses on profitable growth and strong returns across worldwide platforms and businesses. The businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $17.8 billion in 2011, with more than half of the revenues generated outside of the United States.

For More Information visit ITW Medical Products on the web at WWW.ITWMedical.com.

SOURCE ITW Medical Products

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs