Illinois Tool Works Inc - Company Profile
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Illinois Tool Works Inc (ITW) is one of the leading manufacturers of industrial products and equipment. Focus on R&D activities, geographical presence, and business performance of automotive OEM are the company’s key strengths, even as working capital deficit remains a cause for concern. Positive outlook for the global construction industry, global outlook of 4WD and AWD, and positive outlook for chemical industry in US are likely to present new growth opportunities for the company. However, rapid technological changes, stringent regulations, and labor costs in US could affect the company’s operations.
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