Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, an
Industrial Supplies and Parts
Glenview, IL
45,000
As of 2022
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Weifang, China
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Downers Grove, IL
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