Illinois Tool Works (ITW) manufactures and services equipment for the automotive, construction, food, electronics, and medical industries.
The company was founded when financier Byron L. Smith created Illinois Tool Works with a group of tool inventors.
ITW diversifies into radio and farm equipment in the 1930’s, the computer and defense industries in the 1950’s, and the construction and beverage industries in the 1960’s.
In the 1980’s ITW doubled its size through 32 acquisitions. The next decade a further 100 acquisitions expand the company’s global presence.
Today the company has has operations in 60 countries.
Illinois Tool Works trades publicly on the New York Stock Exchange under the symbol ITW, is a member of the S&P 500, is #155 in the Fortune 500, has 51,000 employees, and had $14.28 billion in revenue in 2013.
Illinois Tool Works
Illinois Tool Works (ITW) manufactures and services equipment for the automotive, construction, food, electronics, and medical industries.
The company was founded when financier Byron L. Smith created Illinois Tool Works with a group of tool inventors.
ITW diversifies into radio and farm equipment in the 1930’s, the computer and defense industries in the 1950’s, and the construction and beverage industries in the 1960’s.
History
In the 1980’s ITW doubled its size through 32 acquisitions. The next decade a further 100 acquisitions expand the company’s global presence.
Today the company has has operations in 60 countries.
Illinois Tool Works trades publicly on the New York Stock Exchange under the symbol ITW, is a member of the S&P 500, is #155 in the Fortune 500, has 51,000 employees, and had $14.28 billion in revenue in 2013.
Hello,
I am a former employee of the Troy, Ohio operation. While employed there, there was a number of illegal,” under the table” activities going on that corporate was unaware of. The management was being very dishonest with you because of you being out of state and did not know any better. I know for a fact that the Troy, Ohio ITW management were engaging in fraudulent activities. ( including inventory and Tax fraud). If Mr. Santi only knew the have of it.
I have photo’s of inventory and way’s that the engineering are instructing the service tec’s of the commericial food equipment to ” rip off” customers who call to have a food machine fixed already in the field.