The ITW-group “Illinois Tool Works“ with its head office in Chicago, Illinois was founded in 1912 with the focus on the metal working industry. At the present, the ITW group comprises of approximately 800 subsidiaries in 57 countries, which employs over 50,000 employees. ITW is listed in the S&P 500 Stock Index.
ITW aims to increase market penetration with product innovations from more than 17,000 patents and special applications worldwide, as well as a full range of customer offerings.
The ITW Group is divided into the following primary segments:
- Automotive OEM
- Food Equipment
- Test & Measurement
- Polymers & Fluids
- Welding
- Construction Products
- Speciality Products