Illinois Tool Works Inc. (ITW) is a Fortune 300 global multi-industrial manufacturing leader founded in 1912. The company operates through a portfolio of over 80 decentralized businesses, employing approximately 45,000 people worldwide and generating annual revenue of $15.9 billion. Its operations span approximately 55 countries.
ITW's technical domains include engineered fastening solutions, welding equipment, polymers, food equipment, automotive components, and construction products. The company's structure is a defining feature: its local divisions operate with entrepreneurial autonomy while leveraging the scale and resources of a global enterprise. This model is designed to enable rapid decision-making, foster customer-back innovation, and support deep customer relationships alongside continuous operational improvement.
