Parent Company ITW
In 1912, Chicago businessman Byron
L. Smith and four other forward-thinking businessmen started a company
to manufacture and sell metal-cutting tools. That company became Illinois
Tool Works (ITW). Today, ITW is a Fortune 200 company with its corporate
headquarters in Glenview, Illinois, U.S.A. ITW has 750 decentralized
business units in 49 countries and employs approximately 55,000 men
and women who are focused on creating value-added products and innovative
customer solutions. The dedication of our people is the basis for our
success and longevity.
During it’s nearly 100 years
of existence, ITW’s recipe for success has been focused on creating
value-added products for key customers around the world. We do this
by growing our business and making acquisitions that provide additional
product solutions to our customers. ITW’s proven strategies of
increasing market penetration with product innovations, extending current
products to new industries and acquiring businesses that improve customer
offerings provide the foundation for continued success in the 21st
century.