Illinois Tool Works Inc.

Company Overview

Illinois Tool Works offers products in the following subsegments: automotive OEM; food equipment; test, measurement, and electronics; welding; polymers and fluids; construction products; and specialty. It has 84 divisions in 51 countries.

ITW Contamination Control is a division of Illinois Tool Works Inc. located in the Netherlands. Its cleanroom products are used in semiconductors, biomedical, data storage, pharmaceutical, medical device, microelectronics, fiber optics, automotive, aerospace, and other industrial applications. Its cleanroom portfolio includes the brands Texwipe, Chemtronics and Techspray. The Texwipe brand includes cleanroom wipers, swabs, adhesive tapes, mops and buckets, paper and labels, and sterile products. The cleanroom products’ sales are accounted for in the test, measurement, and electronics segment.

Financial Highlights (FY 2024)

Company's Business Segments

• Automotive OEM : This segment is a Global, Niche supplier to Top Tier OEMs, providing unique innovation to address Pain Points for Sophisticated Customers with Complex Problems.
• Food Equipment : This segment is a highly Focused, Branded industry leader in Commercial Food Equipment differentiated by Innovation, Integrated Service Offerings.
• Test & Measurement and Electronics : This segment is a Branded, Innovative producer of Test, Measurement, Electronic Manufacturing, Maintenance, Repair, Operations solutions that improve Efficiency, Quality for customers in diverse end markets. Businesses in this segment produce Equipment, Consumables, Related Software for Testing, Measuring of Materials, Structures, as well as Equipment, Consumables.
• Welding : This segment is a Branded Value-added Equipment, Specialty Consumable Manufacturer with Innovative, Leading Technology. Businesses in this segment produce Arc Welding Equipment, Consumables, Accessories for a wide array of Industrial, Commercial Applications.
• Polymers & Fluids : This segment is a Branded Supplier to Niche markets that require Value-added, Differentiated products. Businesses in this segment produce Engineered Adhesives, Sealants, Lubrication, Cutting Fluids, Fluids, Polymers for auto aftermarket Maintenance, Appearance.
• Construction Products : This segment is a Branded Supplier of Innovative Engineered Fastening Systems, Solutions.
• Specialty Products : This segment is Focused on diversified niche market opportunities with substantial Patent Protection producing Beverage Packaging Equipment, Consumables, Product Coding, Marking Equipment, Consumables, Appliance Components, Fasteners.