Illinois Tool Works Inc provides diversified industrial products and equipment across the globe.
The Illinois-based company was founded in 1912 and incorporated in 1915.
The company manufacturers fasteners for automobiles, metal and plastic components, consumable systems, light trucks, equipment, specialty industrial products, etc.
In addition, it also provides adhesives & industrial fluid, tools for various specialty applications, quality measurement system and food processing equipment.
The industry products manufacturer operates under seven business segments such as:
• Constructive Products
• Automotive OEM
• Polymers & Fluids
• Food Equipment
• Specialty products
• Test & Measurement
The specialty product segment comprises a diverse business that is differentiated in nature and serves the customers with a specific solution requirement, the company claims. It provides packaging equipment for consumer goods, ground support equipment for aviation sector, marking equipment and plastic consumable, product branding, etc.
The company provides innovative service offerings and commercial food equipment to food retail, food service, restaurant markets, including:
• Ware washing equipment
• cooking equipment
• prep tables
• food processing equipment
• slicers and mixers
• kitchen exhaust systems
• pollution control systems
The products under Test and Measurement segment includes:
• Consumables, equipment and software for materials, fluids, gases and structures
• Electronic components
• Electronic assembly equipment
• Component packaging
• Static control equipment and consumables
• Contamination control solutions
• Pressure sensitive adhesives
• Other components for diversified applications in medical, electronics, telecommunications, etc.
This segment majorly caters to clients engaged in different sectors, including but not limited to, electronics, industrial capital goods, energy, automotive, OEM manufacturers, consumer durable markets and general industrial.
The US-based company claims to focus on corporate governance and ethics, ESG norms, diversity and inclusion, and sustainability.
The company claims to offer programs and development initiatives for the staff, students, and others. In addition, it has over 18,500 pending and granted patents.
It operates through the following subsidiaries:
• ITW Food Equipment group LLC
• Permat6ex, Inc
• Diagraph Corporation
• ITW Eae
• Hobart Corporation
• GRK Canada Limited
• Brooks Instruments
• ITW Proline