Illinois Tool Works Looks Ahead

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Illinois Tool Works looks ahead

GLENVIEW u Illinois Tool Works Inc. Chief Financial Officer Ron Kropp predicted the company's acquisition activity would increase in 2010. "We hope to have significant acquisitions over the next few years," Kropp said Friday on a conference call. With $17.1 billion in 2008 revenues, ITW is a multinational manufacturer of a diversified range of value-adding and short lead-time industrial products and equipment.

Shop holds cookie contest

LIBERTYVILLE u Someone's in the Kitchen, 522 N. Milwaukee Ave., Libertyville is holding its first Holiday Cookie BAke-off from 10 a.m. to noon on Sunday, Dec. 20. Bakers are asked to bring in a dozen cookies and the recipe for the contest. Cookies will be judged on taste, presentation and the "yum would I want more factor." The winner receives a free cooking class.

Paylocity launches new features

ARLINGTON HEIGHTS u Paylocity, an independent payroll provider, Friday announced its latest features of WebPay 7.0. WebPay, Paylocity's flagship web-based payroll and HR solution, recently received its third consecutive perfect 5-star rating from the CPA Technology Advisor's annual review of payroll systems. Its newest release, WebPay 7.0 brings enhancements to general ledger, time off accruals and FMLA modules and introduces new features including mass update capabilities, VETS 100 reporting and an industry first template and checklists feature.

Smurfit stock drops

CHICAGO u Smurfit-Stone Container Corp. …