258.019989 USD
0.61
0.24%
Last update Dec 12, 3:59 PM EST
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Day range
256.81000
259.26999
Previous close
257.41000
Open
258.82001
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Illinois Tool Works Inc.
258.02
0.61
0.24%

Overview

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Description

Illinois Tool Works Inc. is a multinational manufacturer specializing in industrial equipment and tools. The company is renowned for creating engineered products and systems, serving diverse sectors such as automotive, food, construction, and electronics. Illinois Tool Works Inc. focuses on an 80/20 business process, aiming to generate 80% of its results from its top 20% of products, which allows for efficient operations and concentrated growth. The company's product range includes welding equipment, polymers, fasteners, and warewashing machinery, providing essential solutions that enhance productivity and quality in production processes. Operating globally, Illinois Tool Works Inc. plays a pivotal role in industrial supply chains, driving advancements through innovation and streamlined operations. Founded in 1912 and headquartered in Glenview, Illinois, the organization has solidified its position as a leader in industrial manufacturing, continually impacting key industries with its comprehensive and sustainable solutions.

About

CEO
Mr. Christopher A. O'Herlihy
Employees
44000
Address
155 Harlem Avenue
Glenview, 60025, IL
United States
Phone
847 724 7500
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States
MIC code
XNYS
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