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Supplier news: Domestic acquisitions, agreements

Illinois Tool Works Inc. (Glenview, IL) and Trident Intl. Inc. (Brookfield, CT) have announced a definitive merger agreement under which ITW will acquire Trident for about $115.5 million.

Trident will continue to operate under that name. ITW also has acquired Pillar Technologies (Hartland, WI) for an undisclosed price, making Pillar a div. of ITW.

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Annual Outlook Report: Workforce
Hiring remains a major challenge in packaging, with 78% struggling to fill unskilled roles and 84% lacking experienced workers. As automation grows, companies must rethink hiring and training. Download the full report for key insights.
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Annual Outlook Report: Workforce