ITW, also known as Illinois Tool Works, is a multinational corporation that specializes in manufacturing and distributing a wide range of industrial products and equipment. ITW operates in various industries including automotive, construction, food equipment, and packaging. The company was founded in 1912 and has since grown to become a global leader in innovation and product development.
ITW operates through a decentralized organizational structure, allowing each division to focus on specific markets and customer needs. This structure enables the company to effectively serve a diverse customer base and adapt to changing market conditions. ITW's portfolio consists of over 90 business units, each with its own unique set of products and services.
One of the key factors that sets ITW apart from its competitors is its focus on customer-centric solutions. The company strives to understand the unique challenges faced by its customers and develop innovative products that address those needs.