Reuters Summit-ITW sees strong sales to non-U.S. automakers


NEW YORK, Feb 27 (Reuters) - Diversified manufacturer Illinois Tool Works expects sales to non-U.S. automakers in North America to grow about 20 percent this year, its chief executive said on Tuesday. "We've been making very good progress with the new domestics, largely the Asians," Chief Executive David Speer said, speaking at the Reuters Manufacturing Summit in New York. "The growth rate was 20 percent last year ... and will be close to 20 percent again this year," Speer said, ...

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