Does Illinois Tool Works Inc. have any subsidiaries or affiliated companies?

Yes, Illinois Tool Works Inc. has multiple subsidiaries and affiliated companies. As a global diversified manufacturer, the company operates through various business segments and owns over 80 decentralized divisions worldwide. These subsidiaries and affiliates enable Illinois Tool Works Inc. to cater to diverse industries, including automotive, construction, food equipment, packaging, and more. By leveraging their expertise, resources, and technologies, the subsidiaries enhance Illinois Tool Works Inc.'s ability to provide innovative solutions and exceptional customer service to its clients. These affiliated companies collaborate closely with the parent company, sharing best practices and driving growth across different markets. With its extensive network of subsidiaries and affiliates, Illinois Tool Works Inc. offers a comprehensive portfolio of products and services to its global customer base.