General Info

Founded in 1912, Illinois Tool Works is a designer and manufacturer of highly engineered fasteners, components, industrial equipment, consumable systems and a variety of specialty products and equipment. The company is comprised of more than 600 small, decentralized businesses that are located in more than 45 countries and collectively employ more than 50,000 people. The company provides construction products that are used in the new housing, remodeling and commercial markets; metal and plastic fasteners and components utilized by the auto industry; and commercial food equipment for food service and food retail customers. Illinois Tool Works is a publicly traded company. David B. Speer has been the chief executive officer of Illinois Tool Works for more than a year. He has been with the tool and die maker for over 28 years. Speer earned a BSIE from Iowa State University, and a MBA from Northwestern University. Its shares are listed on the New York Stock Exchange under the ticker symbol ITW. The company is headquartered in Glenview, Ill.