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Founded In 1912, Illinois Tool Works Has Become A Diversified Industrial Manufacturer Through Acquisitions And Innovations That Follow Customer Needs. Itw Operates Through Seven Business Segments, With No Segment Representing More Than One-Fifth Of Revenue. Itw'S Automotive Oem Segment Sells Vehicle Components; Its Food Equipment Segment Sells Commercial Kitchen Appliances; Its Test And Measurement And Electronics Segment Sells Inspection And Analysis Equipment; Its Welding Segment Sells Welding Equipment And Consumables; Its Polymers And Fluids Segment Sells Industrial And Consumer Adhesives, Solvents, And Coatings; Its Construction Products Segment Sells Building Fasteners And Tools; And Its Specialty Products Segment Sells Medical, Packaging, Hvac, And Airport Ground Equipment.