1
EXHIBIT 21
MARCH 1998
ILLINOIS TOOL WORKS INC.
SUBSIDIARIES AND AFFILIATES
PERCENT
COMPANY RELATIONSHIP OWNERSHIP
------- ------------ ---------
A 3 Sud S.p.A. -- Italy(1).................................. Subsidiary 100%
Accu-Lub manufacturing GmbH -- Germany...................... Subsidiary +50%
Azon Pty. Limited -- Australia(2)........................... Subsidiary 100%
Buell Industries, Inc. -- Delaware.......................... Subsidiary 100%
Burseryds Bruk AB -- Sweden................................. Subsidiary 100%
Bursped AB -- Sweden(3)..................................... Subsidiary 100%
CEV Hydroelectric Company -- Italy(4)....................... Affiliate 5.77%
Champs Investment E.U.R.L. -- France(5)..................... Subsidiary 100%
Cofiva S.p.A. -- Italy(6)................................... Subsidiary 100%
Compagnie de Materiel et d'Equipements Techniques S.A.S. --
France.................................................... Subsidiary 100%
Company Consurtium Valle D'Aosta -- Italy(4)................ Subsidiary 100%
CS Packaging (Malaysia) Sdn Bhd -- Malaysia(7).............. Affiliate 50%
CS Packaging Corporation Ltd. -- British Virgin Islands..... Affiliate 50%
CS Packaging Corporation Ltd. -- Hong Kong(8)............... Affiliate 50%
CS Packaging Corporation Pte. Ltd. -- Singapore(9).......... Affiliate 50%
CS Packaging Investment Pte. Ltd. -- Singapore(8)........... Affiliate 50%
Cumberland Leasing Co. -- Illinois(10)...................... Subsidiary 100%
Cyclone Hardware Pty. Ltd. -- Australia(11)................. Subsidiary 100%
Cyklop Signode Packaging Corporation -- Thailand............ Subsidiary 100%
Cyklop Singapore Pte. Ltd. -- Singapore(9).................. Subsidiary 100%
Danband Products Australia Pty. Ltd. -- Australia(12)....... Subsidiary 100%
Danband Products Limited -- New Zealand(12)................. Subsidiary 100%
Devcon de Mexico, S.A. -- Mexico............................ Subsidiary 100%
Devcon Limited -- Ireland................................... Subsidiary 100%
DeVilbiss Equipamentos Para Pintura Industrial Ltda. --
Brazil.................................................... Subsidiary 100%
DeVilbiss Ransburg de Mexico S.A. de C.V. -- Mexico......... Subsidiary 100%
Edgepack Limited -- United Kingdom(13)...................... Subsidiary 100%
Elettro Gibi S.p.A. -- Italy(6)............................. Subsidiary 100%
Elleyse Financing SNC -- France(14)......................... Subsidiary 100%
Envases Multipac, S.A.de C.V. -- Mexico..................... Affiliate 49%
Fiber Products Corp. -- Louisiana........................... Subsidiary 100%
Fixing System S.A. -- Switzerland(15)....................... Subsidiary 100%
Gema Volstatic AG -- Switzerland(15)........................ Subsidiary 100%
Gerhard Haugk GmbH -- Germany(16)........................... Subsidiary 100%
Gerrard Signode Limited -- New Zealand(12).................. Subsidiary 100%
Gerrard Signode Pty. Limited -- Australia(12)............... Subsidiary 100%
Halles Financing E.U.R.L. -- France(17)..................... Subsidiary 100%
Haloila Vertrieb GmbH -- Germany(5)......................... Subsidiary 100%
Heistrap Industriesysteme GmbH -- Germany(18)............... Subsidiary 100%
Hobart Brothers(International) AG -- Switzerland(15)........ Subsidiary 100%
Hobart Brothers Company -- Ohio............................. Subsidiary 100%
Hobart Laser Products, Inc.(19)............................. Subsidiary 100%
Hobart Mexico -- Mexico..................................... Subsidiary 100%
Hylec Eletro Gibi(UK) Ltd. -- United Kingdom(20)............ Affiliate 33%
I.T.W. Inc. -- Illinois..................................... Subsidiary 100%
ILI International S.A. de C.V. -- Mexico.................... Subsidiary 100%
2
PERCENT
COMPANY RELATIONSHIP OWNERSHIP
------- ------------ ---------
Illinois Tool Works FSC Inc. -- Barbados(21)................ Subsidiary 100%
IMSA ITW, S.A. de C.V. -- Mexico............................ Affiliate 50%
IMSA Paslode, S.A. de C.V. -- Mexico........................ Affiliate 50%
IMSA Signode, S.A. de C.V. -- Mexico........................ Affiliate 50%
Inmobiliaria Cit, S.A. de C.V. -- Mexico.................... Affiliate 49%
Ispra-Control S.p.A. -- Italy(22)........................... Subsidiary 100%
Ispra-Flex S.p.A. -- Italy(20).............................. Subsidiary 85%
ITW Ampang Industries Philippines, Inc. -- Philippines...... Subsidiary 100%
ITW Asia(Pte) Limited -- Singapore.......................... Subsidiary 100%
ITW Ateco GmbH -- Germany(23)............................... Subsidiary 100%
ITW Austria Vertriebs GmbH -- Austria(16)................... Subsidiary 100%
ITW Automotive Products GmbH -- Germany(24)................. Subsidiary 100%
ITW Automotive Products GmbH, K.G.(25)...................... Subsidiary 100%
ITW Befestigungssyteme GmbH -- Germany(24).................. Subsidiary 100%
ITW Belgium S.A. -- Belgium................................. Subsidiary 100%
ITW Bevestigingssystemen B.V. -- Netherlands(26)............ Subsidiary 100%
ITW Canada -- Canada(27).................................... Subsidiary 100%
ITW Canada Holdings Company -- Canada(19)................... Subsidiary 100%
ITW Canada Management Inc. -- Canada........................ Subsidiary 100%
ITW-Canguru Rotulos Ltda. -- Brazil......................... Affiliate 50%
ITW Cayman -- Cayman Islands(6)............................. Subsidiary 100%
ITW China Components Inc. -- Delaware....................... Subsidiary 100%
ITW Construction Products (Suzhou) Co. Ltd. -- China........ Subsidiary 100%
ITW de Argentina S.A -- Argentina(6)........................ Subsidiary 100%
ITW de Fastex de Argentina S.A. -- Argentina(28)............ Subsidiary 100%
ITW de France S.A.S. -- France(5)........................... Subsidiary 100%
ITW (Deutschland) GmbH -- Germany(29)....................... Subsidiary 100%
ITW Devcon Industriel Products GmbH -- Germany(24).......... Subsidiary 100%
ITW do Brazil Industrial e Comercial Ltda. -- Brazil........ Subsidiary 100%
ITW Domestic Holdings Inc. -- Delaware...................... Subsidiary 100%
ITW Dynatec (Hong Kong) Limited -- Hong Kong................ Affiliate 50%
ITW Dynatec Kabushiki Kaisha -- Japan....................... Subsidiary 100%
ITW Dynatec Singapore Pte. Ltd. -- Singapore................ Affiliate 50%
ITW Dynatec Thailand Ltd. -- Thailand....................... Affiliate 20%
ITW Electronic Packaging (Malta) Ltd. -- Malta(30).......... Subsidiary 100%
ITW Espana S.A. -- Spain(6)................................. Subsidiary 100%
ITW Expandet S.A. -- France(31)............................. Subsidiary 100%
ITW Fastex Italia S.p.A. -- Italy(6)........................ Subsidiary 100%
ITW Finance L.L.C. -- Delaware(32).......................... Subsidiary 100%
ITW Finance II L.L.C. -- Delaware(33)....................... Subsidiary 100%
ITW Finishing L.L.C. -- Delaware(34)........................ Subsidiary 100%
ITW Gunther S.A.S -- France(5).............................. Subsidiary 100%
ITW Holding France S.A.S. -- France(6)...................... Subsidiary 100%
ITW Holdings GmbH -- Germany(35)............................ Subsidiary 100%
ITW Holdings Japan L.L.C. -- Delaware(36)................... Subsidiary 100%
ITW Holdings Pty. -- Australia(37).......................... Subsidiary 100%
ITW Holdings U.K. -- United Kingdom(6)...................... Subsidiary 100%
ITW-Imaden Industria E Comercio Ltda. -- Brazil............. Subsidiary 75%
ITW Industrie G.m.b.H. -- Germany(24)....................... Subsidiary 100%
ITW Industry Co., Ltd. -- Japan(38)......................... Subsidiary 100%
ITW International Finance Inc. -- Delaware(21).............. Subsidiary 100%
3
PERCENT
COMPANY RELATIONSHIP OWNERSHIP
------- ------------ ---------
ITW International Finance S.A.S. -- France(6)............... Subsidiary 100%
ITW International Holdings Inc. -- Delaware(39)............. Subsidiary 100%
ITW Investments, Inc. -- Delaware(40)....................... Subsidiary 90%
ITW Ireland -- Ireland(41).................................. Subsidiary 100%
ITW Ireland Holdings -- Ireland(42)......................... Subsidiary 100%
ITW Italy Finance E.U.R.L. -- France(17).................... Subsidiary 100%
ITW Jeju Industries Private Limited -- India................ Subsidiary 51%
ITW Leasing & Investments Inc. -- Delaware.................. Subsidiary 100%
ITW Limited Sweden Filial Sverige -- Sweden(43)............. Subsidiary 100%
ITW Limited -- United Kingdom(44)........................... Subsidiary 100%
ITW Mapri Industria e Commercio Ltda -- Brazil(45).......... Subsidiary 100%
ITW Meritex Sdn. Bhd. -- Malaysia(46)....................... Subsidiary 100%
ITW Mima Europe S.N.C. -- France(5)......................... Subsidiary 100%
ITW Mima Films L.L.C. -- Delaware(47)....................... Subsidiary 100%
ITW Mima Holdings L.L.C. -- Delaware(47).................... Subsidiary 100%
ITW Mortgage Investments I, Inc. -- Delaware(48)............ Subsidiary 90%
ITW Mortgage Investments II, Inc. -- Delaware(49)........... Subsidiary 100%
ITW Mortgage Investments III, Inc. -- Delaware(50).......... Subsidiary 100%
ITW Mortgage Investments IV, Inc. -- Delaware(51)........... Subsidiary 100%
ITW Muller Inc. -- Texas.................................... Subsidiary 100%
ITW Nederland B.V. -- Netherlands........................... Subsidiary 100%
ITW New Zealand -- New Zealand.............................. Subsidiary 100%
ITW Oberflaechentechnik GmbH -- Germany(23)................. Subsidiary 100%
ITW Packaging Corporation -- Delaware....................... Subsidiary 100%
ITW PanCon Inc. -- Delaware................................. Subsidiary 100%
ITW Paris E.U.R.L. -- France(5)............................. Subsidiary 100%
ITW Polska Sp.s.o.o. -- Poland(6)........................... Subsidiary 100%
ITW Real Estate L.L.C. -- Delaware(52)...................... Subsidiary 100%
ITW Residuals Inc. -- Delaware.............................. Subsidiary 100%
ITW Service Inc. -- Korea(53)............................... Subsidiary 100%
ITW Shippers S.A. -- Belgium(54)............................ Subsidiary 100%
ITW Signode Australasia Pty. Limited -- Australia(55)....... Subsidiary 100%
ITW Signode Holding GmbH -- Germany......................... Subsidiary 100%
ITW Signode India Limited -- India.......................... Subsidiary 51%
ITW Specialty Packaging L.L.C. -- Delaware(56).............. Subsidiary 100%
ITW Surfaces & Finitions S.A. -- France(5).................. Subsidiary 100%
ITW Sverige AB -- Sweden.................................... Subsidiary 100%
ITW Switches Asia Ltd. -- Taiwan............................ Subsidiary 100%
ITW Tech Co. Inc. -- Delaware(57)........................... Subsidiary 100%
ITW Universal L.L.C. -- Delaware(6)......................... Subsidiary 100%
ITW Welding Products Asia Pacific Pte. Limited --
Singapore................................................. Subsidiary 100%
Jambro Ltd. -- New Zealand.................................. Subsidiary 100%
Japit Inc. -- Japan......................................... Affiliate 19%
Jemco de Mexico,, S.A. de C.V. -- Mexico.................... Subsidiary 100%
KC Metal Products Pty. Ltd. -- Australia(12)................ Subsidiary 100%
Kinnears Pty. Ltd. -- Australia(11)......................... Subsidiary 100%
Kinnears Ropes Ltd. -- New Zealand(11)...................... Subsidiary 100%
Kormag Industries e Comercio Ltda. -- Brazil................ Affiliate 40%
Liljendals Bruk Ab -- Finland............................... Subsidiary 100%
Lombard Pressings Limited -- United Kingdom(44)............. Subsidiary 100%
Loveshaw Corporation, The -- Delaware(58)................... Subsidiary 100%
4
PERCENT
COMPANY RELATIONSHIP OWNERSHIP
------- ------------ ---------
Lys Comet S.A.S. -- France(5)............................... Subsidiary 100%
Lys Fusion Poland Sp.z.o.o. -- Poland(4).................... Subsidiary 87%
Lys Fusion S.p.A. -- Italy(59).............................. Subsidiary 100%
Meritex(Penang) Sdn. Bhd. -- Malaysia(46)................... Subsidiary 100%
Meritex Plastic Industries, Inc. -- Texas(6)................ Subsidiary 100%
Meyercord Co., The -- Delaware.............................. Subsidiary 100%
Miller Electric Mfg. Co. -- Wisconsin....................... Subsidiary 100%
Miller Europe S.p.A. -- Italy(60)........................... Subsidiary 100%
Miller Group France S.A., The -- France(5).................. Subsidiary 100%
Miller Insurance Ltd -- Bermuda(60)......................... Subsidiary 100%
Mima Films L.L.C. -- Delaware(61)........................... Subsidiary 100%
Mima Films S.a.r.1. -- Luxembourg(62)....................... Subsidiary 100%
Mima Films SCA -- Belgium(63)............................... Subsidiary 100%
Morlock GmbH -- Germany(16)................................. Subsidiary 100%
Morlock Mechanik Verwaltungsgessellschaft mbH --
Germany(16)............................................... Subsidiary 100%
Nation Financing E.U.R.L. -- France(5)...................... Subsidiary 100%
Newtec Iberica S.A. -- Spain(64)............................ Subsidiary 100%
Nifco Hi-Cone Leasing Company Limited -- Japan.............. Affiliate 40%
Nouva Cannottieri Olona s.r.1. -- Italy(20)................. Affiliate .5%
Nuovo Lys Fusion s.r.1. -- Italy(65)........................ Subsidiary 100%
Odesign, Inc. -- Illinois................................... Subsidiary 100%
Orgapack A.G. -- Switzerland(66)............................ Subsidiary 100%
Orgapack E.U.R.L. -- France(5).............................. Subsidiary 100%
Orgapack Finance GmbH -- Switzerland(67).................... Subsidiary 100%
Orgapack GmbH -- Switzerland(67)............................ Subsidiary 100%
Orgapack Holding A.G. -- Switzerland(68).................... Subsidiary 100%
Oy M Haloila Ab -- Finland(5)............................... Subsidiary 100%
PT Cyklop Indo Utama -- Indonesia(69)....................... Affiliate 57%
Packaging Leasing Systems Inc. -- Delaware.................. Subsidiary 80%
Padlocker Corporation -- Delaware........................... Subsidiary 100%
PanCon GmbH -- Germany(16).................................. Subsidiary 100%
Paslode S.A.R.L. -- France(5)............................... Subsidiary 100%
Ransburg Gema s.r.1. -- Italy(6)............................ Subsidiary 100%
Ransburg Industrial Finishing K.K. -- Japan(70)............. Subsidiary 100%
Ransburg Manufacturing Corporation -- Indiana............... Subsidiary 100%
Reddi-Pac, Inc. -- Pennsylvania............................. Subsidiary 100%
Scanilec B.V. -- Netherlands(25)............................ Subsidiary 100%
Scybele S.A.S. -- France(5)................................. Subsidiary 100%
Seine Investments E.U.R.L. -- France(5)..................... Subsidiary 100%
Serim s.r.1. -- Italy(19)................................... Subsidiary 51%
Shanghai ITW Plastic & Metal Company Limited -- China(71)... Subsidiary 93%
Signode B.V. -- Netherlands(26)............................. Subsidiary 100%
Signode Bernpak GmbH -- Germany............................. Subsidiary 100%
Signode Brasileiria S.A. -- Brazil.......................... Subsidiary 60%
Signode France S.A.S. -- France(5).......................... Subsidiary 100%
Signode Ireland Limited -- United Kingdom(72)............... Affiliate 50%
Signode Kabushiki Kaisha -- Japan(6)........................ Subsidiary 100%
Signode Packaging Systems Limited -- East Africa............ Affiliate 20%
Signode Systems GmbH -- Germany(16)......................... Subsidiary 100%
Simco(Nederland) B.V. -- Netherlands(6)..................... Subsidiary 100%
Simco Japan, K.K. -- Japan.................................. Subsidiary +50%
5
PERCENT
COMPANY RELATIONSHIP OWNERSHIP
------- ------------ ---------
Societe de Prospection et d'Inventions Techniques S.A.S.
(SPIT) -- France(5)....................................... Subsidiary 100%
Societe d'Applications Thermiques S.A.(SAT) -- France(5).... Subsidiary 100%
Societe Nouvelle Provence Plastiques S.A.R.L. --
France(5)................................................. Subsidiary 100%
Svenska Kantskydd AB -- Sweden.............................. Subsidiary 100%
Thimon S.A. -- France(5).................................... Subsidiary 100%
Triumph Financing E.U.R.L. -- France(5)..................... Subsidiary 100%
Vikadan A/S -- Denmark...................................... Subsidiary 100%
Vikadan Finans ApS -- Denmark(73)........................... Subsidiary 100%
W.A. Deutsher Pty. Ltd -- Australia......................... Subsidiary 100%
Wide Body(FSC) I, Inc. -- U.S. Virgin Islands(21)........... Subsidiary 100%
- ---------------
(1) Wholly owned by ITW Fastex Italia S.p.A.
(2) Wholly owned by ITW Holdings Pty.
(3) Wholly owned by Burseryds Bruk AB
(4) Ownership interest is by Lys Fusion S.p.A.
(5) Wholly owned by ITW Holding France S.A.S.
(6) Wholly Owned by ITW International Holdings Inc.
(7) Wholly owned by CS Packaging Corporation Pte. Ltd. (Signapore)
(8) Wholly owned by CS Packaging Corporation Ltd. (BVI)
(9) Wholly owned by CS Packaging Investment Pte. Ltd.
(10) Wholly owned by ITW Investments, Inc.
(11) Wholly owned by Azon Pty. Limited
(12) Wholly owned by ITW Signode Australasia Pty. Limited
(13) Wholly owned by Lombard Pressings Limited
(14) Wholly owned by Champs Investment E.U.R.L.
(15) Wholly owned by Orgapack GmbH
(16) Wholly owned by ITW Signode Holding GmbH
(17) Wholly owned by ITW International Finance S.A.S.
(18) Wholly owned by Signode Bernpak GmbH
(19) Wholly owned by Hobart Brothers Company
(20) Ownership interest is by Elettro GiBi S.p.A.
(21) Wholly owned by ITW Leasing & Investments Inc.
(22) Wholly owned by Elettro GiBi S.p.A.
(23) Wholly owned by ITW Industrie G.m.b.H.
(24) Wholly owned by ITW (Deutschland) GmbH
(25) 99.9% owned by ITW Befestigungssysteme GmbH; .1% owned by ITW Automotive
Products GmbH
(26) Wholly owned by ITW Nederland B.V.
(27) 99.9% owned by ITW Canada Holdings Company; .1% owned by ITW Canada
Management Inc.
(28) Wholly owned by ITW Mapri Industria e Comercio Ltda.
(29) 94% owned by ITW International Holdings Inc.; 6% owned by Illinois Tool
Works Inc.
(30) 99.9% owned by Illinois Tool Works Inc.; .1% owned by ITW Limited
(31) 53% owned by ITW Holding France S.A.S.; 47% owned by Societe de Prospection
et d'Inventions
(32) Techniques S.A.S. 99% owned by ITW Tech Co. Inc.; 1% owned by Illinois Tool
Works Inc.
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(33) 99% owned by ITW Leasing & Investments Inc.; 1% owned by Illinois Tool
Works Inc.
(34) 99% owned by Illinois Tool Works Inc.; 1% owned by ITW Domestic Holdings
Inc.
(35) 50% owned by Azon Pty. Limited; 50% owned by ITW International Holdings
Inc.
(36) 90% owned by ITW International Holdings Inc.; 10% owned by ITW Leasing &
Investments Inc.
(37) 99% owned by Illinois Tool Works Inc.; 1% owned by W.A. Deutsher Pty. Ltd.
(38) Wholly owned by Ransburg Industrial Finishing K.K.
(39) 1,000 common shares owned by ITW Investments, Inc.; 150,000 Preferred 6%
Non-Voting shares
(40) owned by Illinois Tool Works Inc. Ownership interest is by ITW Leasing &
Investments Inc.
(41) 99.9% owned by ITW Ireland Holdings; .1% owned by ITW Cayman
(42) 99.9% owned by ITW International Holdings Inc.; .1% owned by ITW Cayman
(43) Wholly owned by ITW Limited
(44) Wholly owned by ITW Holdings U.K.
(45) 96.39% owned by Illinois Tool Works Inc.; .3% owned by ITW do Brazil
Industrial e Comercial Ltda.
(46) Wholly owned by Meritex Plastic Industries, Inc.
(47) 99% owned by ITW Specialty Packaging L.L.C.; 1% owned by ITW Leasing &
Investments Inc.
(48) Ownership interest is by: 1,000 common shares, 800 Preferred Series A 6%
Cumulative Non-Voting shares and 800 Preferred Series B 7.3% Cumulative
Non-Voting shares owned by ITW Leasing & Investments Inc.
(49) 1,000 common shares owned by Illinois Tool Works Inc.; 1,000 Preferred
Series A 6% Cumulative Non-Voting shares owned by ITW Real Estate L.L.C.
(50) 1,000 common shares owned by Illinois Tool Works Inc.; 1,000 Preferred
Series A 5% Cumulative Non-Voting shares owned by ITW Real Estate L.L.C.
(51) 1,000 common shares owned by Illinois Tool Works Inc.; 1,000 Preferred
Series A 7.5% Cumulative Non-Voting shares owned by ITW Investments, Inc.
(52) 99% owned by ITW Mortgage Investments I, Inc.; 1% owned by Illinois Tool
Works Inc.
(53) 50.65% owned by Illinois Tool Works Inc.; 43.72% owned by ITW International
Holdings Inc.; 5.63% owned by ITW Dynatec Kabushiki Kaisha
(54) 76% owned by Scybele S.A.S.; 24% owned by ITW Belgium S.A.
(55) Wholly owned by ITW Holdings GmbH
(56) 90% Illinois Tool Works Inc.; 10% ITW Leasing & Investments Inc.
(57) Wholly owned by ITW International Finance Inc.
(58) 1,000 common shares owned by Illinois Tool Works Inc.; 52,850 Preferred
Series A 7% Cumulative Non-Voting shares owned by ITW Finance II L.L.C.;
54,000 Preferred Series B 7.1% Cumulative Non-Voting shares owned by
Padlocker Corporation
(59) Wholly owned by Cofiva S.p.A.
(60) Wholly owned by Miller Electric Mfg. Co.
(61) Wholly owned by ITW Mima Films L.L.C.
(62) Wholly owned by ITW Specialty Packaging L.L.C.
(63) 73% owned by ITW Mima Films L.L.C.; 1% owned by Mima Films L.L.C.
(64) Wholly owned by ITW Espana S.A.
(65) 90% owned by Lys Fusion S.p.A.; 10% ITW Fastex Italia S.p.A.
(66) Wholly owned by Orgapack Holding A.G.
(67) 99% owned by ITW International Holdings; 1% owned by ITW Universal L.L.C.
(68) Wholly owned by Orgapack Finance GmbH
7
(69) Ownership interest by Cyklop Singapore Pte. Ltd.
(70) Wholly owned by ITW Japan Holdings L.L.C.
(71) Ownership interest is by ITW China Components Inc.
(72) Ownership interest is by ITW Limited
(73) Wholly owned by Vikadan A/S