Illinois Tool Works
Industrial Manufacturing
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● ActiveIndustrial Manufacturing · Glenview, IL · Est. 1912
$68.2B
Valuation
$16.2B
Revenue
44k+
Employees
1912
Founded
Illinois Tool Works (ITW) is a Fortune 200 diversified manufacturing company operating 84 divisions across seven business segments including Automotive OEM, Food Equipment, Test & Measurement, Welding, Polymers & Fluids, Construction Products, and Specialty Products. ITW's 80/20 business simplification model and customer-back innovation approach drive industry-leading operating margins, generating over $16B in annual revenue from highly engineered, differentiated products sold to industrial and consumer markets globally.
Recent Press5 items
PRESS RELEASE·2 days ago
Illinois Tool Works Launches Next-Generation Industrial Manufacturing Infrastructure Platform
The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.
FUNDING·3 weeks ago
Illinois Tool Works Secures $220M Series F at $6.8B Valuation
The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.
ACQUISITION·5 weeks ago
Illinois Tool Works Acquires Developer Tooling Startup Stackform for $85M
The 18-person Stackform team joins Illinois Tool Works Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.
PRESS RELEASE·2 months ago
Illinois Tool Works Expands Strategic Partnership with Google Cloud
The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.
EARNINGS·3 months ago
Illinois Tool Works Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates
Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.
Company History9 milestones
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