Illinois Tool Works (ITW) was founded over 90 years ago and through internal growth and acquisition, is now a fortune 200 corporation. ITW maintains over 750 divisions in 49 countries with revenue of 14 Billion dollars per year. Despite the differences in markets served, the underlying goal that drives all ITW divisions is common: to create and improve operating efficiencies for every customer around the world. The ITW technology center facilitates intra-company research and new product development.

 

The overall philosophy, strategies and policies of ITW have been recognized and praised by Fortune, Barrons, Business Week, Forbes, U.S. News, World Report and other publications. A driving force behind much of our success at ITW is our 80/20 business process, a practice that keeps us focused on our most profitable products and customers. The concept underlying 80/20 is simple: 80 percent of a company's sales are derived from the 20 percent of its product offering being sold to key customers.

 www.itw.com