Illinois Tool Works is a multi-industrial manufacturing company that was founded in 1912. The company operates in seven industry segments and employs approximately 44,000 people.

ITW produces adhesives and sealants and related products in two of its seven business segments. (ASI was not able to find specific adhesives/sealants-related sales and other details.) Total revenue decreased by approximately 1.3% in 2024, to nearly $15.9 billion.

Among many other products, ITW’s Polymers & Fluids business produces industrial, construction, and consumer adhesives, as well as sealants. The division’s revenue of $1.76 billion accounted for 11% of ITW’s ’s total revenue in 2024. The division’s sales decreased by approximately 2.2% compared to the prior year, due to unfavorable currency translation effects and offset by higher organic revenue in South America, Europe, and Asia-Pacific.

Among many other products, ITW’s Polymers & Fluids business produces industrial, construction, and consumer adhesives, as well as sealants. The division’s revenue of $1.76 billion accounted for 11% of ITW’s ’s total revenue in 2024. The division’s sales decreased by approximately 2.2% compared to the prior year, due to unfavorable currency translation effects and offset by higher organic revenue in South America, Europe, and Asia-Pacific.

NOTES: In early 2024, E. Scott Santi retired as chief executive officer; Christopher A. O’Herlihy was appointed president and CEO in January 2024.

Opening image courtesy of Bramantya W.J. / Creatas Video+ / Getty Images Plus.