Illinois Tool Works, Inc.

Illinois Tool Works, Inc.

Illinois Tool Works, Inc.

Date Founded



155 Harlem Avenue,Glenview, IL 60025

Employees (Worldwide)



Industrial Machinery & Manufacturing
Other Consumer Durables
Tools & Hardware
Plastics & Synthetics
Paper Products

Company Description

Illinois Tool Works, Inc. manufactures industrial products and equipment. It operates through the following segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment manufactures equipment, consumables, and related software for testing and measuring of materials, structures, gases and fluids. The Food Equipment segment supplies commercial food equipment and provides related services. The Polymers & Fluids segment provides adhesives, sealants, lubrication and cutting fluids, janitorial and hygiene products, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment furnishes arc welding equipment, consumables and accessories for a wide array of industrial and commercial applications. The Construction Products segment makes construction fastening systems and truss products. The Specialty Products segment manufacturing beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company was founded by Byron L. Smith in 1912 and is headquartered in Glenview, IL.

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Executives & Employees

Chief Executive Officer

Senior Vice President & Chief Financial Officer

Senior Vice President, General Counsel & Secretary

Chief Human Resources Officer & Senior Vice President

Chief Accounting Officer & Vice President

Vice President & General Manager, Shakeproof, Anchor, Medalist Divisions

Vice Chairman

Executive Vice President

Executive Vice President

Executive Vice President, Global Construction Products

Paths to Illinois Tool Works, Inc.
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Illinois Tool Works, Inc.
Owners & Shareholders
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State Farm® has been in the mutual funds business since 1968, managing funds then only available to employees and Agents. In 2001, State Farm Mutual Funds products and services became available to the public for the first time. Our main objective is to make each of our 15 State Farm Mutual Funds® a highly competitive and rewarding long-term investment for our shareholders. To help achieve this objective, we use an investment management structure that capitalizes on the unique strengths, focused attention, and knowledge of seasoned investment professionals in State Farm’s internal investment department. Because we offer a wide variety of funds, some outside the core knowledge of our internal investment department, we also have seven other highly-respected asset management organizations working for you. Each of our investment advisors provides well-known, long-established experts in their respective investment strategies and has beliefs and investment philosophies that are consistent with our own. State Farm Mutual Funds shareholders can feel confident that their investments are being managed in a responsible, conservative, and cost-effective manner consistent with a long-term perspective

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WFCS offers a variety of advisory programs including Separately Managed Account Programs, Mutual Fund Advisory Programs, Financial Advisor-Directed Programs and Non-Discretionary Advisory Programs. The firm's separately managed programs give clients the flexibility to select a model-based approach to separate account management or to customize a portfolio of individual professional money managers. WFCS' mutual fund advisory programs are designed to help clients take advantage of the expertise of professional money managers through mutual funds or current market trends through ETFs. Through their financial advisor-directed portfolio management programs, a client's Financial Advisor takes on the responsibility of making day-to-day investment decisions.

Recent Transactions
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Element Solutions, Inc. purchases Kester, Inc. from Illinois Tool Works, Inc.

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Illinois Tool Works, Inc., Stokvis Tape Group BV purchase Ads Propulsion BV from Avelingen Holding BV

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Illinois Tool Works, Inc., ITV Studios Global Distribution Ltd. purchase Blumhouse Productions LLC

Insider Transactions
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Transaction Advisors

Advised onIllinois Tool Works, Inc. purchases Premark International, Inc.

Legal Advisor

Advised onIllinois Tool Works, Inc. purchases meurer Verpackungssysteme GmbH


Advised onAmer Sports Oyj purchases Precor, Inc. from Illinois Tool Works, Inc.

Legal Advisor

Advised onElement Solutions, Inc. purchases Kester, Inc. from Illinois Tool Works, Inc.


Advised onThe Carlyle Group, Inc. purchases Illinois Tool Works, Inc. /Industrial Packaging Bus from Illinois Tool Works, Inc.

Legal Advisor

Advised onElement Solutions, Inc. purchases Kester, Inc. from Illinois Tool Works, Inc.

Advisors & Consultants
Legal Advisor

Partner at Winston & Strawn LLP

Legal Advisor

Partner at Winston & Strawn LLP

Real Estate Agent

Vice Chairman & Director at Savills Studley, Inc.


AutoZone, Inc. engages in the retail and distribution of automotive replacement parts and accessories. The firm offers ALLDATA, which produces, sells, and maintains diagnostic and repair information software used in the automotive repair industry. The company was founded by Joseph R. Hyde, III on July 4, 1979 and is headquartered in Memphis, TN.

Our founder, George A. Hormel held a strong commitment to quality, which was based on providing his customers a superior product that would keep them coming back for more. This vision is kept alive with products that retain the quality and flavor of the first products he offered. Today, our innovative products are a flavorful part of breakfast, lunch, dinner, snacks and party solutions—all created with convenience in mind to accommodate the busy schedule of you and your family. From the beginning, George was concerned about waste and cleanliness in the process of making great food products. In keeping with his high standards, Hormel Foods has been recognized for quality, safety and employee training. As a responsible steward of the environment, we have set goals to reduce the impact we have on the environment we all share. In addition,Hormel Foods is active through the Hormel Foods Charitable Trust, which focuses its community giving on education, hunger and health. We invite you to become more familiar with the diverse array of wholesome and great-tasting foods that are part of the Hormel brand—as relevant, delicious and high-quality as ever.

LKQ Corp. engages in providing alternative parts to repair and accessorize automobiles and other vehicles. It operates through the following segments: Wholesale-North America, Europe and Specialty. The Wholesale-North America segment includes Glass and Self Service segments. The company was founded by Donald F. Flynn in February 1998 and is headquartered in Chicago, IL.

Key Stats and Financials As of 2019
Market Capitalization
Total Enterprise Value
Earnings Per Share
Net Profit
Total Debt
Total Equity
Enterprise Value Sales
Enterprise Value EBITDAOperating
TEVNet Income
Debt TEV
Three Year Compounded Annual Growth Rate Of Revenue
Five Year Compounded Annual Growth Rate Of Revenue
Non-Profit Donations & Grants
$2,500 - $4,999
$10K - $15K
Political Donations
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Goji Ltd. manufactures cooking ovens. It ovens uses radio waves for quick, precise and efficient cooking and is a global business with customers doing business on every major continent. The company was founded by Shlomo Ben-Haim in 2006 and is headquartered in Des Plaines, IL.

MPM Holdings, Inc. Holding Companies | Waterford, NY

MPM Holdings, Inc. is a holding company, which through its subsidiaries engages in production of silicones, silanes, products derived from quartz, and specialty ceramics. It operates through the following segments: Performance Additives, Formulated and Basic Silicones, and Quartz Technologies. The Performance Additives segment manufacture urethane additives, silicone fluids, and silanes. The Formulated and Basic Silicones segment produces coatings, electronic materials, elastomers, sealants, and basic silicone fluids focused on automotive, consumer goods, construction, electronics, and healthcare end-markets. The Quartz Technologies segment focuses in the development and manufacturing of fused quartz and non-oxide based ceramic powders and shapes. The company was founded on September 2, 2014 and is headquartered in Waterford, NY.

Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel and certain other alloyed steels. Its products include specialty bar, forging quality billet, ingots, plate, specialty shapes and coil products, which are sold to service centers, forgers, rerollers and original equipment manufacturers. The company was founded in 1994 and is headquartered in Bridgeville, PA.

Johnson Electric Holdings Ltd. Auto Parts & Tires | Hong Kong

Johnson Electric is the leader in motion subsystems, including motors, solenoids, switches and flexible interconnects. We serve many industries, including Automotive, Building Automation and Security, Business Machines, Defense and Aerospace, Food and Beverage, Home Technologies, HVAC, Industrial Equipment, Medical Devices, Personal Care, Power Equipment and Power Tools. Our technology leadership, application expertise and global footprint make Johnson Electric the ideal partner for custom product development projects. Johnson Electric is an international company that is committed to making our customers successful by providing product differentiation and supply chain excellence. For product designers who demand performance leadership and assurance of supply, Johnson Electric is the safe choice.

Lincoln Electric Holdings, Inc. Industrial Machinery & Manufacturing - Cleveland, OH

Lincoln Electric’s commitment to providing the most innovative, cost-effective, quality welding and cutting solutions is one that has guided our company for more than 100 years. This, coupled with our technological leadership and worldwide manufacturing and distribution resources, enables us to provide competent and reliable solutions for each of our customers.

ESAB India Ltd. Industrial Machinery & Manufacturing - Chennai, India

ESAB India Ltd. engages in the manufacture and supply of welding and cutting products. It operates through the Consumables and Equipment segments. The Consumables segment offers welding electrodes, copper coated wires, flux cored wires, welding fluxes and related services. The Equipment segment offers welding machines, cutting equipment and related services. It markets its products to the shipbuilding, petrochemical, repair and maintenance, construction, transport, offshore and energy industries. The company was founded on November 10, 1987 and is headquartered in Chennai, India.

Awards & Honors
Rank #211
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #211
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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