From Wikipedia, the free encyclopedia

Illinois Tool Works or ITW (NYSE: ITW) is a Fortune 500 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products. It employs nearly 50,000 people in 700 business units, and is based in Glenview, Illinois, with operations in 48 countries. It was founded in 1912 by Byron L. Smith.

As of 2004, ITW had more than 16,000 unexpired patents and pending patent applications worldwide, including 2,900 U.S. patents and 1,116 pending U.S. applications. They typically rank in the top 100 of patent issuers in the U.S.

As of May 2006, David B. Speer is chairman & CEO of ITW.

Contents 1 Community Involvement 1.1 Junior Achievement 1.2 Senior Outreach 1.3 ITW Foundation 2 ITW Companies 3 External links

ITW is involved in community support in many ways.

ITW participates in Junior Achievement programs benefiting children from kindergarten through high school. Children are taught how economic principles affect the day-to-day operation of business, communities, and personal life.

ITW provides schools, in the surrounding neighborhoods where their business units are located, with volunteers who donate several hours a week during each semester. In 2005, more than 300 men and women over the United States volunteered their time to teach Junior Achievement programs. They are also provide support to Falconer School on Chicago’s west side, sending 45 volunteers to teach economic principles and share life experiences with these students.

They also support Junior Achievement by participating in one its major fundraisers. During the ITW/JA Family Bowl-A-Thon, more than 680 employees, their families and friends, come out for a day of bowling and fun. Over a ten-year period, this event has raised more than $1.7 million. Support for the event comes not only from local Chicagoland business units that provide teams of bowlers who pledge money, but also from business units across the United States that provide raffle prizes and fun giveaways to the participants, helping to make the event one of the most successful Bowl-A-Thons year after year.

Their business units in Toledo, Bedford Heights, and Cleveland, Ohio; Sequin, Texas; Atlanta, Georgia; Waterbury, Connecticut; Lynchburg, Virginia; Appleton and Hartland, Wisconsin; Danvers, Massachusetts; Watertown, South Dakota; and Indianapolis, Indiana also support Junior Achievement by sponsoring their own local Bowl-A-Thons and providing classroom volunteers.

The Senior Outreach program was created in 1991 to encourage ITW retirees to volunteer in their local communities. In 2005, more than 450 volunteers provided more than 14,000 hours of service to various health and human services organizations. Senior Outreach volunteers also assist other retirees in personal matters. The program has been successful in extending to their retirees located in the Phoenix, Arizona area and also the Fort Meyers, Florida area.

One example of the difference ITW retirees make is in the annual blood drives ITW holds to give their employees the opportunity to donate blood. The drives are held twice a year and are staffed by Senior Outreach volunteers. In 2005, the drives were held at more than 15 ITW Chicagoland business units, collecting more than 600 units of much needed blood.

ITW retirees also feel strongly about giving to United Way. Over the last eight years, they have contributed over $438,000.00 of financial support to United Way. They are vital to our annual United Way campaign in other ways, helping in our yearly mailing of campaign information to business units across the United States. In addition, ITW retirees conduct their own Celebration of Caring projects.

The Foundation contributes financial support to not-for-profit organizations through two major giving programs: A direct-giving program and a three-for-one matching program for employees.

ITW’s Direct Giving program funds 300 organizations in the communities where they have business units. Our Direct Giving program focuses on education, culture, social welfare, youth and United Way. Direct funding includes both annual and multi-year grants approved by the Foundation’s Board of Directors. The grants are concentrated within the metropolitan areas where they have a concentration of business units. Through their many giving programs, each year the ITW Foundation contributes several million dollars back into the communities where their employees live and work.

Several million dollars are also distributed to the numerous and diverse organizations that their employees choose to support financially through ITW’s three-for-one matching gift program. The program allows an employee to make personal contributions, up to $2,000.00 annually, and have the company match the contributions on a three-for-one basis. For example, an employee’s $2,000.00 contribution to an eligible 501(c)(3) organization is matched by the company at $6,000.00, resulting in a total contribution of $8,000.00. Matching dollars were more that 50% of the total Foundation dollars contributed during the last year.

The Foundation also awards scholarships to children of ITW employees for post-secondary education. In 2005, 90 new scholarships were awarded to the sons and daughters of ITW women and men. Awards ranged from $1,500.00 to $3,000.00. A total of twenty Calmer L. Johnson/John W. Leslie ITW National Merit Scholarships and 70 ITW Foundation Scholarships helped ITW children fulfill their higher education goals. Last year, ITW supported 273 sons and daughters of their employees through the two scholarship programs. Since the beginning of the two ITW scholarship programs, the ITW Foundation has awarded more than $1.8 million in scholarships to the children of ITW employees.

• ACME Packaging Systems
• ITW Alma
• American Safety Technologies
• ITW Amp
• ITW Angleboard
• ITW Auto-Sleeve
• ITW Automotive Group
• ITW Balance Engineering
• Bernard
• ITW BGK
• ITW Binks
• ITW Brands
• ITW Buildex
• ITW California Industrial Products
• ITW CargoSafe
• ITW Chemical Products Scandinavia
• ITW Chemtronics
• ITW Chronomatic
• ITW ChronoTherm
• ITW Coding Products
• ITW Compular
• Cyclone Industries Pty Ltd
• ITW Dacro
• Davall Gears
• ITW Decorating Co
• Decorative Sleeves
• ITW Delpro
• ITW Devcon
• ITW DeVilbiss
• Diagraph
• Diagraph MSP
• ITW Drawform
• DUO-FAST
• ITW Dykem/Dymon
• ITW Dynatec
• Electro Static Technology
• Electrocal
• ITW Electronic Component Packaging Systems (ECPS)
• ITW Elettrogibi
• Eltex Elektrostatik GmbH
• ITW Envopak
• ITW Erg Components
• ITW Fastex - Distribution Business
• ITW Fastex New Zealand
• ITW Fibre Glass-Evercoat
• Florida Tile Industries
• ITW Fluid Products Group
• ITW Foamseal
• ITW Foils
• ITW Foils Plastics & Securities
• ITW Formex
• Foster Refrigerator of Canada
• Foster Refrigerator UK.
• FoxJet
• ITW Gema
• ITW Gema AG
• ITW Heartland
• ITW Heartland Standard Machines Division
• ITW Herbert Static Control
• ITW Hi-Cone
• ITW Highland
• Hobart
• Hobart Brothers
• Hobart GmbH
• Hobart Institute of Welding Technology (HIWT)
• ITW Holographics
• Hosco Finishing System Components
• Houchin Aerospace
• I.KELA Company
• ITW Imtran
• Insta-Bulk
• Instron
• ITW Insulation Systems
• ITW Jemco
• ITW Jetline Engineering
• KaiRak
• ITW Laminations
• ITW Linx
• ITW Loveshaw
• Loveshaw Europe
• ITW LPS Laboratories
• ITW Magna
• Magnaflux
• ITW McMurdo
• Meyercord Revenue
• Midwest Industrial Packaging, Inc.
• ITW Miller
• ITW Mima
• ITW Mima Packaging Systems
• Minigrip
• Mollart Universal Joints
• Mumm Products
• ITW Nexus
• ITW Norwood Marking Systems
• ITW NOVADAN Group
• ORGAPACK
• OXO
• ITW Packaging Brands
• ITW Paktron
• ITW Pancon
• ITW Paslode
• Paxton Products
• ITW Performance Polymers
• ITW Performance Polymers Consumer Division
• ITW Philadelphia Resins
• Pillar Technologies
• ITW Plastic Packaging Systems
• ITW Plastiglide
• ITW Plexus
• ITW Polymer Castings
• ITW Polymers & Fluids
• PRO/MARK
• ITW Produx
• ITW Ramset/Red Head
• ITW Ransburg
• ITW Reddi-Pac
• ITW Richmond Technology
• ITW Ride Quality Products
• ROCOL Lubricants
• ROCOL Site Safety Systems
• ITW Shakeproof Assembly Components
• ITW Shippers Products
• ITW Signode
• ITW Simco
• ITW Simco Static Control and Cleanroom Products
• Smith Equipment
• ITW Southland
• Space Bag
• H. A. SPRINGER GmbH
• ITW Spiroid
• SPIT
• Strapex
• ITW Stretch Packaging Systems
• ITW Switches
• ITW Switches (UK)
• ITW TACC
• Technographics
• ITW Technology Center
• ITW TekFast
• Tempil
• The Texwipe Company
• ITW Thermal Films
• ITW Trans Tech America
• Traulsen
• Trident
• TRIMARK
• Unipac
• ITW United Silicone
• Valeron Strength Films
• VENETA DECALCOGOMME
• ITW Vortec
• Vulcan-Hart
• Welding Industries of Australia
• Weldwell New Zealand
• Wilsonart International
• Wolf Range Company
• ITW Workholding Group
• Zip-Pak

• Illinois Tool Works website