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Investments

1

Portfolio Exits

6

Service Providers

1

About Illinois Tool Works

Illinois Tool Works manufactures a range of industrial products and equipment worldwide. The company's Transportation segment offers metal and plastic components, fasteners, and assemblies; fluids and polymers; fillers and putties; polyester coatings, and patch and repair products; and truck remanufacturing, and related parts and service.

Illinois Tool Works Headquarter Location

3600 West Lake Avenue

Glenview, Illinois, 60026-1215,

United States

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Latest Illinois Tool Works News

These Are The Ten Biggest Industrial Machinery Companies

Dec 20, 2021

Industrial Machinery is a big industry that comprises a range of large and important manufacturing sub-sectors that cater to many other industries, including energy, industrial, transportation, agricultural, construction and more.... This story originally appeared on ValueWalk Industrial Machinery is a big industry that comprises a range of large and important manufacturing sub-sectors that cater to many other industries, including energy, industrial, transportation, agricultural , construction and more. So, it wouldn’t be wrong to say that the success of many industries depends on the performance of the industrial machinery industry. Let’s take a look at the ten biggest industrial machinery companies. jarmoluk / Pixabay - Valuewalk Ten Biggest Industrial Machinery Companies We have used the latest available revenue figures to rank the ten biggest industrial machinery companies. We have considered only Fortune 1000 companies for our list. Below are the ten biggest industrial machinery companies: Colfax (>$4.32 billion) Founded in 1995, this company offers orthopedic care and fabrication technology products and services. Colfax Corp (NYSE:CFX) has the following business segments: Medical Technology and Fabrication Technology. Its shares are up more than 15% YTD but are down over 13% in the last one month. The company posted a net income of $60 million in 2020, compared to over $8 million in 2019. Colfax employs over 14,000 people and is headquartered in Wilmington, Del. Xylem (>$5.24 billion) Founded in 2011, this company designs and makes engineered technologies for the water industry. Xylem Inc (NYSE:XYL) has the following business segments : Measurement and Control Solutions, Water Infrastructure, and Applied Water. Its shares are up more than 13% YTD but are down over 9% in the last one month. The company posted a net income of $254 million in 2020, compared to over $400 million in 2019. Xylem employs over 16,000 people and is headquartered in Rye Brook, N.Y. Dover (>$7.13 billion) Founded in 1955, this company makes equipment, components, and specialty systems, as well as offers supporting engineering, testing, and other similar services. Dover Corp (NYSE:DOV)'s shares are up more than 32% YTD but are down over 3% in the last one month. The company posted a net income of $683 million in 2020, compared to over $677 million in 2019. Dover employs over 22,000 people and is headquartered in Downers Grove, Ill. Fortive (>$7.32 billion) Founded in 2015, this company designs, develops, makes and markets professional and engineered products, software, and services for several industries. Fortive Corp (NYSE:FTV) has the following business segments: Advanced Healthcare Solutions, Precision Technologies, and Intelligent Operating Solutions. Its shares are up more than 2% YTD but are down over 7% in the last one month. The company posted a net income of $1.45 billion in 2020, compared to over $268 million in 2019. Fortive employs over 25,000 people and is headquartered in Everett, Wash. Wabtec (>$8.20 billion) Founded in 1869, this company deals in equipment, systems, and value-added services for the rail industry. Westinghouse Air Brake Technologies Corp (NYSE:WAB) has the following business segments: Freight and Transit. Its shares are up more than 21% YTD but are down over 7% in the last one month. The company posted a net income of over $413 million in 2020, compared to over $325 million in 2019. Wabtec employs over 27,000 people and is headquartered in Pittsburgh, Pa. Illinois Tool Works (>$14.10 billion) Founded in 1912, this company makes industrial products and equipment. Illinois Tool Works Inc. (NYSE:ITW) has the following business segments: Food Equipment, Test & Measurement and Electronics, Construction Products, Automotive OEM, Polymers & Fluids, Welding, and Specialty Products. Its shares are up more than 16% YTD but are down over 1% in the last one month. The company posted a net income of $1.75 billion in 2020, compared to $1.21 billion in 2019. Illinois Tool Works employs over 40,000 people and is headquartered in Glenview, Ill. Parker Hannifin (>$14.32 billion) Founded in 1918, this company makes motion and control technologies and systems. Parker-Hannifin Corp (NYSE:PH) has the following business segments: Diversified Industrial and Aerospace. Its shares are up more than 11% YTD but are down over 7% in the last one month. The company posted a net income of $1.75 billion in 2020, compared to $1.21 billion in 2019. Parker Hannifin employs over 55,000 people and is headquartered in Cleveland. Emerson Electric (>$18.37 billion) Founded in 1890, it is a technology and engineering company that offers innovative solutions to clients in residential, industrial, and commercial markets. Emerson Electric Co. (NYSE:EMR) has the following business segments: Climate Technologies, Tools and Home Products, and Automation Solutions. Its shares are up more than 12% YTD but are down over 3% in the last one month. The company posted a net income of $2.3 billion in 2020, compared to $1.97 billion in 2019. Emerson Electric employs over 85,000 people and is headquartered in St. Louis, Mo. Cummins (>23.57 billion) Founded in 1919, this company designs, makes and markets diesel and natural gas engines. Cummins Inc. (NYSE:CMI) has the following business segments: Power Systems, Distribution, Engine, Components, and New Power. Cummins shares are down more than 7% YTD and over 9% in the last one month. The company posted a net income of $1.79 billion in 2020, compared to $2.26 billion in 2019. Cummins employs over 60,000 people and is headquartered in Columbus, Ind. General Electric (>$95.2 billion) Founded in 1878, this company offers technology and financial services, and has the following business segments: Aviation, Power, Renewable Energy , Healthcare, and Capital. General Electric Company (NYSE:GE) shares are up more than 5% YTD but are down over 9% in the last one month. The company posted a net income of $5.67 billion in 2020, compared to $410 million in 2019. General Electric employs over 200,000 people and is headquartered in Boston. More About Finance

Illinois Tool Works Investments

1 Investments

Illinois Tool Works has made 1 investments. Their latest investment was in Signode Industrial Group as part of their Other Investors on .

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Illinois Tool Works Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

Other Investors

Signode Industrial Group

Yes

Date

Round

Other Investors

Company

Signode Industrial Group

Amount

New?

Yes

Co-Investors

Sources

Illinois Tool Works Portfolio Exits

6 Portfolio Exits

Illinois Tool Works has 6 portfolio exits. Their latest portfolio exit was Kester on December 03, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/3/2019

Acquired - II

$99M

1

4/1/2019

Acquired - II

Subscribe to see more

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10

5/21/2014

Divestiture

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10

8/8/2013

Acquired - II

Subscribe to see more

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10

11/2/2010

Acquired

Subscribe to see more

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10

Date

12/3/2019

4/1/2019

5/21/2014

8/8/2013

11/2/2010

Exit

Acquired - II

Acquired - II

Divestiture

Acquired - II

Acquired

Companies

Subscribe to see more

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Subscribe to see more

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Valuation

$99M

Acquirer

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Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

Illinois Tool Works Acquisitions

19 Acquisitions

Illinois Tool Works acquired 19 companies. Their latest acquisition was MTS Systems - Test & Simulation Business on January 19, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/19/2021

$99M

Acquired Unit

4

7/3/2013

Private Equity

$99M

Acquired

1

10/10/2012

$99M

Acquired

7/18/2011

Subscribe to see more

$99M

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0

9/7/2010

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$99M

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10

Date

1/19/2021

7/3/2013

10/10/2012

7/18/2011

9/7/2010

Investment Stage

Private Equity

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired Unit

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Sources

4

1

0

10

Illinois Tool Works Service Providers

1 Service Provider

Illinois Tool Works has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired Unit

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired Unit

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Illinois Tool Works Team

4 Team Members

Illinois Tool Works has 4 team members, including current Chief Executive Officer, W. James Farrell.

Name

Work History

Title

Status

W. James Farrell

Chief Executive Officer

Current

Jon C. Kinney

Chief Financial Officer

Current

Robert Callahan

Senior Vice President

Current

Jim James

IDEAL INDUSTRIES

President

Former

Name

W. James Farrell

Jon C. Kinney

Robert Callahan

Jim James

Work History

IDEAL INDUSTRIES

Title

Chief Executive Officer

Chief Financial Officer

Senior Vice President

President

Status

Current

Current

Current

Former

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