Discover Our Business Segments:

 

• Automotive OEM

Driving innovation. Expanding possibilities.

With 100 years of automotive experience and an unwavering commitment to collaboration, ITW Automotive develops and delivers innovative, highly engineered fastening, assembly, and component solutions to all major manufacturers and tier suppliers. We solve the challenges our customers face today and enable a more advanced and sustainable automotive future.

Our world-class teams use cutting-edge and highly-specialized technologies, tools, and processes to deliver products with unmatched speed, scale, and quality – anywhere in the world. With over 3,500 patents granted and pending, we think big to identify the right solutions for our customers’ most complex engineering challenges. We design fastening solutions and components with the entire automotive ecosystem in mind – giving our customers the products they need to create efficiencies and maximize performance.

 

• Construction Products

A global provider of premium engineered fastening solutions that improve contractor productivity and building quality in residential and commercial construction.

ITW’s Construction Products segment provides solutions that build the spaces where we all live and work. Across the residential, commercial and renovation markets, we lead the construction industry in manufacturing a variety of products for wood, engineered lumber, concrete and steel, including:

• Innovative fastening solutions
• Complementary fasteners and accessories
• Construction design and engineering software

Our world-renowned brands lead in markets where ITW technology can address customers’ needs for increased productivity, quality and high standards for safety, including offsite construction projects. With presence in a variety of end-use applications and markets, ITW Construction is focused on creating differentiated products and solutions around the globe.

 

 

• Food Equipment

An industry-leading innovator serving institutional, industrial, restaurant and retail customers around the world.

ITW Food Equipment leads the industry in designing, manufacturing and selling food equipment products, including:

• Advanced warewash
• Cooking equipment
• Refrigeration equipment
• Food processing equipment
• Integrated service offerings

Our well-known brands are differentiated by their unique innovations and integrated service offerings. We meet the needs of our global customers by focusing on the industry’s critical issues, including su

 

 

• Polymers & Fluids

A global innovator of specialized adhesives, lubricants, additives and car care products for general industry and the automotive aftermarket.

ITW’s Polymers & Fluids segment was built on innovation and a commitment to providing high-quality, branded products to diverse end markets. Businesses in this segment produce a variety of products for general industry (MRO), automotive aftermarket, aerospace, energy and automotive OE customers. Products in this segment include:

• Engineered adhesives
• Sealants
• Coatings
• Lubricants
• Additives
• Automotive wiper blades
• Cleaners

ITW differentiates itself from the competition in the Polymers & Fluids segment through leading brand positions, technology and innovation, with a strong focus on specific niche opportunities for customers that prefer value-added, differentiated product solutions.

 

 

• Specialty Products

An innovative, value-added supplier of solutions for consumer packaging, product branding and other niche industrial applications.

ITW’s Specialty Products segment is composed of diverse businesses whose differentiated and proprietary technology serves customers with specific solution requirements. Businesses in this segment range from:

• Resealable zippers and six-pack rings on your favorite consumer packaged goods
• Precision products for the medical device industry
• Aircraft ground support equipment
• Coating and metalizing businesses for the product branding and national security markets

These diverse businesses operate in global, high-value, niche markets where ITW’s innovative technology and application expertise provide a competitive advantage for our customers.

 

 

• Test & Measurement and Electronics

A leading global supplier of production and laboratory testing and assembly equipment, accessories, consumables and aftermarket parts and services.

Trusted by research scientists, engineers and quality managers, our cutting-edge technology meets the needs of our diverse set of customers operating in highly regulated, demanding environments. With innovation at our core, our strong brand positions, technical expertise and in-depth market knowledge enable us to provide value-added test and measuring solutions supported by strong service and aftermarket capabilities.

ITW’s Electronics businesses provide market-leading equipment in a broad array of electronic assembly applications along with supporting maintenance, repair and operations (MRO) and consumables that serve the electronics, semiconductor, life sciences, general industrial and automotive industries. Our products are backed by decades of developed technical expertise and practical know-how supported by strong aftermarket capabilities.

 

 

• Welding

An industry leader in advanced, solution-focused products, including our arc welding equipment, welding safety and health solutions and specialty consumables that meet critical needs for welding applications.

ITW’s Welding segment designs and manufactures value-added equipment and specialty consumables with leading technology for a variety of industrial applications where weld quality is a critical factor: manufacturing, construction, aviation, agriculture, motorsports and more. Our customers demand quality, reliability and ease of use. We have earned an industry-leading position by manufacturing an array of welding products including:

• Advanced welding equipment
• Specialty consumables
• Safety solutions

Our products help improve productivity and the welding environment in the most demanding applications. ITW Welding also continues to lead the way in addressing critical industry issues like welder safety and health, as well as the shortage of skilled labor.

ITW Business Model

The ITW Business Model is a powerful and proprietary set of practices comprised of three elements:

• The ITW 80/20 Front-to-Back Process is a set of tools and methodologies that we apply in every division
• Customer-Back Innovation is a key contributor to driving profitable growth at ITW
• Our Decentralized, Entrepreneurial Culture defines who we are as a company, how we lead and how we make decisions

 

 

ITW’s Business Segments

ITW's seven market-leading business segments operate in different industries but all share fundamental characteristics:

• End-markets with strong and sustainable differentiated attributes
• Positive long-term macro fundamentals
• Strong and durable competitive advantages with relevance to key end-market trends
• Significant potential for ITW to drive abovemarket organic growth over the long term
• Ability to leverage the ITW Business Model to generate consistent best-in-class margins and returns

 

 

 

ITW's Enterprise Strategy

Since 2012, we have been executing a strategy that positions ITW to generate solid growth with best-in-class margins and returns in an increasingly competitive and uncertain global market environment.

In 2024, we launched the Next Phase of our Enterprise Strategy, with organic growth as our highest priority. By 2030, we will build organic growth into a core ITW strength on par with our best-in-class financial performance and operational proficiency.