Illinois Tool Works Inc. · Glenview, IL United States ·(NYSE: ITW)
Company Description
Phone: 847-724-7500
Fax: 847-657-4261
Rankings
- #323 in FT Global 500
- #148 in FORTUNE 500
- S&P 500
View Illinois Tool Works Inc. Locations On A US Map
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This link will open in a new window Don't let the name fool you -- Illinois Tool Works (ITW) hammers out a lot more than just tools, and it operates well beyond the Land of Lincoln. With more than 800 separate operations in about 50 nations, ITW makes a range of products used in the automotive, construction, electronics, food and beverage, paper products, and pharmaceuticals industries. The company's engineered products segment offers fasteners, nail guns, industrial adhesives, and automotive transmission components. Its specialty systems segment drives products such as paint application equipment and welding machines. ITW gets about half of its sales in North America. To read the full description, subscribe now.
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Key Illinois Tool Works Inc. Financials
| Company Type | Public - NYSE: ITW Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $15,869.4 |
| 2008 Employees | 65,000 |
Illinois Tool Works Inc. Executives
29 executives listed for Illinois Tool Works Inc.'s Glenview, IL location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | David Speer | Network |
| Vice Chairman | Thomas Hansen | Network |
| Vice Chairman | E. Scott Santi | Network |
Competition
Competitive Landscape for Illinois Tool Works Inc.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Illinois Tool Works Inc. Competitors
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