Quarterlytics / Industrials / Industrial - Machinery / Illinois Tool Works

Illinois Tool Works

ITW · NYSE Industrials
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Ticker ITW
Exchange NYSE
Sector Industrials
Industry Industrial - Machinery
Employees 10,000+

Business description

Illinois Tool Works Inc., a global industrial products and equipment manufacturer, operates through seven key segments serving various end markets. Its Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for a variety of uses, while the Food Equipment segment provides equipment and maintenance services for food processing and commercial kitchens. The Test & Measurement and Electronics segment provides software and equipment for testing materials and structures, as well as producing electronic subassemblies and microelectronics. Meanwhile, the Welding segment offers arc welding equipment and consumables. The Polymers & Fluids segment supplies adhesives, sealants, and fluids, while the Construction Products segment offers engineered fastening systems and solutions for the construction markets. Lastly, the Specialty Products segment produces beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. Illinois Tool Works Inc. serves various markets directly and through independent distributors. The company, founded in 1912 and based in Glenview, Illinois, provides a range of industrial products and equipment across multiple end markets for industrial manufacturers.

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Company facts
TickerITW
ExchangeNYSE
Sector Industrials
Employees10,000+