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    Illinois Tool Works Inc. (ITW)

    87.61 Down 0.05(0.06%) Oct 12, 4:00PM EDT
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    Illinois Tool Works Inc.
    155 Harlem Avenue
    Glenview, IL 60025
    United States - Map
    Phone: 847-724-7500
    Fax: 847-657-4572
    Website: http://www.itwinc.com

    Index Membership:N/A
    Sector:Industrial Goods
    Industry:Diversified Machinery
    Full Time Employees:49,000

    Business Summary 

    Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment provides equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Food Equipment segment offers commercial food equipment and related services. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, janitorial and hygiene products, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment produces arc welding equipment, consumables, and accessories for various industrial and commercial applications. The Construction Products segment produces construction fastening systems and truss products. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is headquartered in Glenview, Illinois.

    Key Statistics

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    Corporate Governance 
    Illinois Tool Works Inc.’s ISS Governance QuickScore as of Oct 1, 2015 is 5. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 3; Compensation: 6.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. E. Scott Santi , 53
    Chairman, Chief Exec. Officer, Pres and Member of Exec. Committee
    Mr. Michael M. Larsen , 46
    Chief Financial Officer and Sr. VP
    Mr. David C. Parry , 62
    Vice Chairman
    Mr. Roland M. Martel , 60
    Exec. VP of Specialty Products Segment
    Mr. Christopher A. O'Herlihy , 51
    Vice Chairman
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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