Illinois Tool Works (ITW) is a global manufacturing company based in Glenview, Illinois. Founded in 1912, ITW specializes in producing a wide range of industrial products and equipment, including packaging, welding, and construction materials. The company operates through various segments, serving diverse markets such as automotive, food equipment, and electronics. ITW is known for its decentralized business model, allowing its subsidiaries to operate independently while benefiting from the company's resources. With a strong focus on innovation and customer service, ITW has established a reputation for quality and reliability in its products, making it a leader in the manufacturing sector.