How ITW became a Fortune 300 manufacturer with $16.1B in revenue and 45,000 employees
ITW (NYSE: ITW) is a global multi-industrial manufacturing leader headquartered in Glenview, Illinois. Founded in 1912, the company's seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins across automotive, construction, food equipment, welding, and more.
ITW reported $16.1 billion in revenue in 2023
ITW is a Fortune 300 global multi-industrial manufacturing leader with revenue of $16.1 billion in 2023. The company's decentralized business model — known as the ITW Business Model — combines customer-back innovation, 80/20 front-to-back simplification, and strategic sourcing to consistently deliver best-in-class operating margins above 25%.
ITW's revenue is diversified across seven segments, providing resilience against sector-specific cycles. The company serves customers in over 50 countries, with North America representing approximately 57% of total revenue.
Revenue by year (USD billions)
▲ +14% vs 2019ITW's seven industry-leading segments
ITW's decentralized structure gives each of its seven segments the autonomy to operate with entrepreneurial agility while benefiting from the scale of a Fortune 300 enterprise. Each segment applies the ITW Business Model to drive profitability and customer-focused innovation.
Tools and technologies ITW uses
Based on observed integrations, vendor disclosures, and public job postings, ITW's technology stack spans enterprise infrastructure, marketing, analytics, and operations:
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Key decision-makers at ITW
Verified contact data for senior decision-makers across Engineering, Operations, Sales, Marketing, and Finance at Illinois Tool Works Inc.
Download the full database of 175M B2B contacts
Every contact for ITW — and every other company on Earth — in one CSV. Free updates for life.
download Download 175M contacts| Name | Title | Country |
|---|
| Sarah Chen | VP Sales | s.chen@stripe.com | 🇺🇸 US |
| Michael Davidson | Head of Growth | m.davidson@itw.com | 🇺🇸 US |
| Priya Patel | CMO | priya@figma.com | 🇺🇸 US |
| Lars Eriksen | VP Marketing | lars@spotify.com | 🇸🇪 SE |
| Akira Tanaka | CRO | akira@mercari.com | 🇯🇵 JP |
| Emma Wilson | Head of Sales | emma@monzo.com | 🇬🇧 GB |
| Carlos Vargas | VP Revenue | c.vargas@rappi.com | 🇲🇽 MX |
| Sophie Müller | Director Sales | sophie@n26.com | 🇩🇪 DE |
| James O'Brien | Chief of Staff | james@intercom.com | 🇮🇪 IE |
| Aisha Khan | VP Sales | aisha@razorpay.com | 🇮🇳 IN |
| Sarah Chen | VP Sales | s.chen@stripe.com | 🇺🇸 US |
| Michael Davidson | Head of Growth | m.davidson@itw.com | 🇺🇸 US |
| Priya Patel | CMO | priya@figma.com | 🇺🇸 US |
| Lars Eriksen | VP Marketing | lars@spotify.com | 🇸🇪 SE |
| Akira Tanaka | CRO | akira@mercari.com | 🇯🇵 JP |
| Emma Wilson | Head of Sales | emma@monzo.com | 🇬🇧 GB |
| Carlos Vargas | VP Revenue | c.vargas@rappi.com | 🇲🇽 MX |
| Sophie Müller | Director Sales | sophie@n26.com | 🇩🇪 DE |
| James O'Brien | Chief of Staff | james@intercom.com | 🇮🇪 IE |
| Aisha Khan | VP Sales | aisha@razorpay.com | 🇮🇳 IN |
Frequently asked questions about ITW
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