About

Illinois Tool Works Inc. (ITW) is an American Fortune 500 public manufacturing company, founded in 1912 by Byron L. Smith. Headquartered in Glenview, Illinois, U.S., ITW reported US$15.9 billion in revenue in 2024. The company specializes in producing engineered fasteners and components, equipment and consumable systems, and various specialty products. Its sustained growth is attributed to a distinctive 'small-wins strategy' emphasizing decentralization, simplicity, customer-focused innovation, and strategic acquisitions.