Illinois Tool Works is a Fortune 300 global multi-industrial manufacturing leader that generates $15.9 billion in annual revenue through seven market-leading segments. The company operates a diversified portfolio of over 80 decentralized businesses across industries where product performance matters most to customers. ITW's differentiated business model empowers local divisions to act like entrepreneurs while leveraging the scale and resources of a global enterprise. This structure enables rapid decision-making, customer-back innovation, and continuous operational improvement.
Founded in Chicago in 1912, ITW has grown into a powerhouse in engineered fastening solutions, welding equipment, polymers, food equipment, automotive components, and construction products. The company serves customers in approximately 55 countries with approximately 45,000 employees worldwide. ITW's commitment to innovation is driven by deep customer relationships and technical expertise that solve complex manufacturing challenges. The company consistently delivers strong financial performance through strategic portfolio management and disciplined capital allocation.