ITW
Likely to Engage tag.Highly Engaged Employees

Industrial Machinery & Equipment · Illinois, United States · 10K+ Employees

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Overview

Headquarters

155 Harlem Ave, Glenview, Illinois, 6002...

Phone Number

(224) 661-8870

Revenue

$16.2 Billion

Stock Symbol

ITW

Industry

Industrial Machinery & Equipment Appliances Manufacturing Automotive Parts Test & Measurement Equipment Hand, Power & Lawn-care Tools
ZI Rank: 1
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About ITW

Illinois Tool Works Inc. (ITW) is a global multi-industry manufacturing company headquartered in Glenview, Illinois. Founded in 1912, ITW has grown into one of the world's leading diversified manufacturers of specialized industrial equipment, engineered components, consumable systems, and specialty products. The company operates through seven industry-leading segments: Automotive OEM, Food Equipment, Test and Measurement and Electronics, Welding, Polymers and Fluids, Construction Products, and Specialty Products. Its Automotive OEM segment supplies plastic and metal components, fasteners, and assemblies for automobiles and light trucks, while its Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment for commercial use. The Welding segment produces arc welding equipment and consumables, and the Polymers and Fluids segment offers adhesives, sealants, lubrication and cutting fluids, and automotive aftermarket products. The Construction ProductsRead more
ITW's Social MediaPopular SearchesIllinois Tool Works IncItwITW Graphics Italy SrlITW Holdings Pty LtdITW Hospitality Products Pty LtdSIC Code 34,345NAICS Code 33,332Ticker NYSE: ITWShow more

ITW Org Chart

PhoneEmail
VC
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Group President

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LB
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Group President, Polymers

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EP
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Group President

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MM
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Group President

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RD
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Group President

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TD
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Owner and President

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JS
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President & Managing Partner

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HS
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President

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MP
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Group President

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ML
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Senior VP & Chief Human Resources Officer

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

ITW

$16.2B
10K+
Public
-
1912
VC
Vince CipressoGroup President
$10B
10K+
Public
-
1876
$9B
10K+
Public
-
1935
Deon Stander, President & Chief Executive Officer at Avery Dennison
Deon StanderPresident & CEO
$8.3B
10K+
Public
-
1955
RP
Reenie PatelChief Financial Officer, Dover Business Services
$7.7B
5K - 10K
Private
-
2020
MH
Mark HaynesPresident & CEO
$4.2B
5K - 10K
Public
$1B
2016
Mark Okerstrom, Chief Financial Officer at Fortive
Mark OkerstromChief Financial Officer
$4B
10K+
Public
-
1883
Benjamin Burns, Executive Vice President & Chief Financial Officer at Leggett & Platt
Benjamin BurnsExecutive Vice President & Chief Financial Officer
Illustration of an envelopeCompany Insights

Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

ITW is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

ITW is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about ITW.

ITW Tech Stack

A closer look at the technologies used by ITW

Most Recent Scoops

Earnings
ITW has reported that China Automotive OEM growth continues to be driven by penetration with local Chinese EV manufacturers, with EV production up in the mid-to-high teens globally and EVs representing nearly 20% of global production, while North America was up 1% against flat builds and Europe was down approximately 5%, with the company maintaining its expectation of outgrowing underlying production numbers by 200 to 300 basis points annually.
Automotive
Earnings
ITW has reported Q2 Automotive OEM organic revenue as roughly flat, with North America up 1%, China up 1%, and Europe down 5%, while operating margin improved 30 basis points to 21.6%, with the company maintaining its full-year expectation of outpacing global vehicle builds by 200 to 300 basis points against a projected 2% decline in builds.
Earnings
Earnings
ITW has reported Q2 Food Equipment organic revenue as flat overall, with service revenue up 5% offsetting a 2% equipment decline — a sequential improvement from the 6% equipment decline in Q1 — with North America down 4% and international delivering 6% growth, and the company expecting organic revenue growth to turn positive with margin improvement in H2.
Earnings
Pain Point
ITW is experiencing operational disruptions after a storm damaged one manufacturing facility and one warehouse building at two of its Welding facilities in Appleton, Wisconsin, with teams executing contingency plans focused on minimizing customer disruption, though no material impact on company guidance is expected.
Pain Point
Earnings
Earnings
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ITW News & Media

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Frequently Asked Questions Regarding ITW

What is ITW's stock symbol?
ITW's stock symbol is ITW
What is ITW's official website?
ITW's official website is www.itw.com
What is ITW's Revenue?
ITW's revenue is $16.2 Billion
What is ITW's SIC code?
ITW's SIC: 34,345
What is ITW's NAICS code?
ITW's NAICS: 33,332
How many employees does ITW have?
ITW has 10K+ employees
What industry does ITW belong to?
ITW is in the industry of: Industrial Machinery & Equipment, Appliances, Manufacturing
What is ITW competition?
ITW top competitors include: Dover, DNP, Leggett & Platt, Avery Dennison
What companies has ITW acquired?
ITW has acquired the companies: Truswal Systems, Smith Equipment, Ion Systems, ITW Fastex
What technology does ITW use?
Some of the popular technologies that ITW uses are: Solidworks, Freshservice, CATIA, Zingfit
What does ITW do?

Illinois Tool Works Inc. (ITW) is a global multi-industry manufacturing company headquartered in Glenview, Illinois. Founded in 1912, ITW has grown into one of the world's leading diversified manufacturers of specialized industrial equipment, engineered components, consumable systems, and specialty products. The company operates through seven indus... try-leading segments: Automotive OEM, Food Equipment, Test and Measurement and Electronics, Welding, Polymers and Fluids, Construction Products, and Specialty Products. Its Automotive OEM segment supplies plastic and metal components, fasteners, and assemblies for automobiles and light trucks, while its Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment for commercial use. The Welding segment produces arc welding equipment and consumables, and the Polymers and Fluids segment offers adhesives, sealants, lubrication and cutting fluids, and automotive aftermarket products. The Construction Products segment delivers engineered fastening systems for residential and commercial construction markets, and the Specialty Products segment covers beverage packaging equipment, product coding and marking solutions, and appliance components. ITW distributes its products directly to industrial manufacturers and through independent distributors, serving markets including automotive OEM and aftermarket, commercial food service, construction, general industrial, consumer durables, and MRO. Operating in multiple countries with a decentralized and entrepreneurial business model, ITW leverages its proprietary ITW Business Model to drive innovation, operational efficiency, and customer-focused solutions across its global portfolio of businesses. Notable brands under the ITW umbrella include Hobart, Miller Electric, Paslode, and Permatex.Read More

What are ITW social media links?
ITW Linkedin page ITW Twitter page ITW Facebook page
Is ITW a public company?
Yes, ITW is a public company and is traded under the symbol ITW
See more information about ITW

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