Illinois Tool Works (NYSE: ITW) — Company Overview, News & Financial Data
Illinois Tool Works is a diversified manufacturer providing innovative products for automotive and industrial markets.
Illinois Tool Works
Illinois Tool Works is a global manufacturer of industrial products and equipment. Operating across more than 80 global divisions in multiple countries, the company produces engineered components, fasteners, specialized equipment, and consumable systems. Its operations are organized into seven primary business segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products, and Specialty Products. Headquartered in Glenview, Illinois, the enterprise serves diverse end markets including automotive OEM, construction, general industrial, commercial food service, electronics, and automotive aftermarket industries worldwide.
Snapshot
Operations
Products and/or services of Illinois Tool Works
- Automotive OEM: Produces plastic and metal fasteners, powertrain components, door handles, interior trim items, and specialized engineered components for global light vehicle original equipment manufacturers operating across major automotive assembly plants and manufacturing hubs worldwide.
- Test & Measurement and Electronics: Manufactures equipment, consumables, and software for materials and structural testing, alongside electronic assembly equipment, printed circuit board processing systems, and specialized static control products for tech and industrial clients globally.
- Food Equipment: Supplies commercial food preparation, refrigeration, cooking, baking, and warewashing equipment, serving commercial kitchens, restaurants, institutional dining facilities, grocery stores, and food service operators across global retail and institutional markets.
- Welding: Manufactures arc welding power sources, plasma cutters, specialized welding accessories, and consumable wire and electrodes, serving heavy industrial metal fabrication, construction, energy infrastructure, manufacturing, and commercial maintenance operations across global industrial markets.
- Polymers & Fluids: Produces specialty adhesives, sealants, fluids, automotive aftermarket care chemical products, windshield wipers, and maintenance additives used across industrial maintenance, marine operations, automotive repair facilities, and manufacturing plants.
- Construction Products: Manufactures engineered fastening systems, structural anchors, power-actuated tools, wood and metal framing connectors, and specialized hardware utilized in residential housing, commercial building, and civil infrastructure construction projects across global markets.
Illinois Tool Works executive team
- Mr. Christopher A. O'HerlihyPresident, CEO & Director
- Mr. Michael M. LarsenSenior VP & CFO
- Ms. Mary Katherine LawlerSenior VP & Chief Human Resources Officer
- Mr. Kenneth T. EscoeExecutive Vice President of Specialty Products
- Mr. Axel R. J. BeckExecutive Vice President of Food Equipment
- Mr. Randall J. ScheunemanVP & Chief Accounting Officer
- Erin LinnihanVice President of Investor Relations
- Mr. Christopher P. RauchSenior VP, General Counsel & Secretary
- Ms. Sharon A. SzafranskiExecutive Vice President of Welding
- Mr. Javier Gracia CarbonellExecutive Vice President of Construction Products