Illinois Tool Works or ITW (
NYSE:
ITW) is a
Fortune 500 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products. It was founded in
1912 by Byron L. Smith, and three other men Frank W. England, Paul B. Goddard, Oscar T. Hogg and Carl G. Olson. Today, it employs nearly 55,000 people in 750 business units, and is based in
Glenview, Illinois, with operations in 49 countries.
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