Company description

Illinois Tool Works Inc. (Ticker: ITW) is a multinational manufacturing company headquartered in Glenview, Illinois. It was founded in 1912 by Byron L. Smith and has since grown to become a Fortune 200 company with operations in 58 countries. ITW operates through seven business segments, including Automotive OEM, Food Equipment, and Construction Products, among others. The company's products and services range from fasteners and adhesives to industrial packaging and welding equipment. ITW's diverse portfolio of over 20,000 products serves a wide range of industries, including automotive, construction, and foodservice. The company is known for its innovative approach to problem-solving and its commitment to continuously improving efficiency and sustainability. ITW has a strong global presence with over 48,000 employees and has received various awards and recognition for its excellence in innovation, leadership, and corporate social responsibility. With a rich history and a forward-thinking mindset, ITW continues to drive growth and provide solutions to its customers, making it a leading player in the global manufacturing industry.