Illinois Tool Works Inc.

Illinois Tool Works Inc. is a global industrial manufacturer known for its diversified portfolio of engineered products and specialty equipment. Founded in 1912, the company operates through seven distinct segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products. Each business segment focuses on niche solutions, supplying components and systems for key industries such as automotive manufacturing, commercial foodservice, electronics, industrial welding, construction, and packaging. Notable offerings include fasteners and assemblies for vehicles, commercial kitchen appliances, testing and analysis instruments, adhesives, and building tools. Illinois Tool Works serves customers across more than 50 countries through a decentralized operating model that emphasizes innovation and responsiveness to customer needs. With approximately 45,000 employees globally, the company is recognized for its ability to generate stable cash flows, high returns on capital, and a disciplined approach to business management. Its products and solutions play critical roles in supporting infrastructure, manufacturing efficiency, and technological advancement in the industrial sector, cementing its status as a key player within the specialty industrial machinery market.