Illinois Tool Works Inc.

Illinois Tool Works Inc. (ITW) is an industrial company that provides a wide range of industrial products and equipment. Its operations are organized into seven segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products. The Automotive OEM segment supplies plastic and metal components, fasteners, and assemblies for automobiles and industrial uses. The Food Equipment segment offers warewashing, cooking, refrigeration, and food processing equipment, along with kitchen exhaust systems and maintenance services. The Test & Measurement and Electronics segment provides test and measurement solutions and electronic manufacturing services. The Welding segment produces arc welding equipment and consumables. The Polymers & Fluids segment makes adhesives, sealants, lubricants, and fluids for auto aftermarket maintenance. The Construction Products segment offers engineered fastening systems for residential and commercial construction. The Specialty Products segment includes beverage packaging equipment, product coding and marking equipment, and appliance components.

Illinois Tool Works Inc. (ITW) is listed on the New York Stock Exchange (NYSE) under the ticker symbol ITW. The company's financials are reported in US Dollars (USD), which is the currency of its home country, the United States. As a US-based company, ITW trades in USD on the NYSE, making it accessible to investors through major brokerage platforms.

Illinois Tool Works Inc. (ITW) operates in the Industrials sector, specifically within the Specialty Industrial Machinery industry. This classification reflects the company's focus on manufacturing specialized industrial equipment and components. The Specialty Industrial Machinery industry includes companies that produce machinery for specific industrial applications, such as welding equipment, food processing machinery, and testing devices. ITW's diverse product portfolio across multiple segments aligns with this industry, as it serves various end markets including automotive, construction, food service, and electronics.

Illinois Tool Works Inc. (ITW) operates globally, with a presence in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. The company's headquarters is in the United States, and it serves customers across these regions through its seven business segments. ITW's geographic diversity allows it to serve a wide range of markets, including automotive OEM and aftermarket, food equipment, construction, and industrial applications. This global footprint helps the company mitigate regional economic fluctuations and capitalize on growth opportunities worldwide.

Illinois Tool Works (ITW) generates revenue by manufacturing and selling industrial products and equipment across seven segments. The Automotive OEM segment sells plastic and metal components, fasteners, and assemblies to automotive and industrial customers. The Food Equipment segment generates revenue from warewashing, cooking, refrigeration, and food processing equipment, as well as maintenance and repair services. The Test & Measurement and Electronics segment provides test and measurement solutions and electronic manufacturing services. The Welding segment sells arc welding equipment and consumables. The Polymers & Fluids segment produces adhesives, sealants, lubricants, and cutting fluids for auto aftermarket and industrial use. The Construction Products segment offers engineered fastening systems for construction markets. The Specialty Products segment includes beverage packaging equipment, product coding and marking equipment, and appliance components. Each segment targets specific industries, creating diversified revenue streams.