Illinois Tool Works Inc.

History

YearDetail
1912 Illinois Tool Works was launced.
1920s ITW acquired Shakeproof Screw and Nut Lock Company.
1930s ITW started selling Radio and Farm equipments.
1940s Shakeproof and other divisons are split off as autonomus companies.
1950s ITW formed Fastex and created ITW foundation.
1960s Started production of Local radio stations.
1970s The company acquired Devcon.
1980s Over the decade ITW made 32 acquisitions.
1990s ITW made 100 acquisitions throughout the decade and important acquisitions are Miller Electric Welding Co. and Premark International.
2000s ITW expanded its business into Test & Measurement and Electronics segment.
2010s ITW began implementing a company wide Enterprise Strategy.
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