ITW
- Illinois Tool Works Inc.
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Overview
Company Summary
Illinois Tool Works Inc., commonly known as ITW, is a multinational industrial company headquartered in Glenview, Illinois, United States. Founded in 1912, ITW is known for its diversified range of products and services that cater to various industries.
ITW operates through multiple business segments, each focusing on specific markets and customer needs. These segments include Automotive OEM (Original Equipment Manufacturer), Test and Measurement Electronics, Food Equipment, Polymers and Fluids, Welding, Construction Products, Specialty Products, and Automotive Aftermarket.
In the Automotive OEM segment, ITW supplies engineered fasteners, components, fluids, and assemblies to automotive manufacturers and tiered suppliers. This includes the manufacturing of specialized metal fasteners, plastic fasteners, and components used in interior and exterior applications.
The Test and Measurement Electronics segment develops and manufactures electronic testing and measurement equipment used in a wide range of industries. This includes devices for analyzing and calibrating electronic systems, power management products, and electronic connectors.
ITW's Food Equipment segment specializes in providing commercial food equipment and service solutions to the foodservice industry. Their products include industrial dishwashing systems, cooking and warming equipment, refrigeration systems, and food processing equipment.
The Polymers and Fluids segment manufactures and sells adhesives, sealants, lubricants, and cutting fluids for use in automotive, industrial, aerospace, and construction applications. Their solutions are designed to enhance performance, durability, and efficiency in various operations.
The Welding segment offers a comprehensive range of welding equipment, consumables, and accessories. ITW's welding products find applications in various industries, including automotive, construction, manufacturing, and infrastructure development.
The Construction Products segment provides specialty fastening systems and software solutions for various construction applications, including anchoring, roofing, and concrete construction. Their products are designed for structural safety, reliability, and productivity in the construction industry.
In addition to these segments, ITW also operates Specialty Products businesses, which include decorative surfaces, personal care products, and specialty components used in various sectors.
Overall, ITW is a highly diversified company that supplies a wide array of products and services across multiple industries, aiming to provide reliable solutions, improve operational efficiency, and add value to its customer base.