Company Information and Profile of Illinois Tool Works A major American corporation. The following profile and background facts about Illinois Tool Works provides company and business information for research and general interest including business address and telephone details, business industry, company description, slogan, Illinois Tool Works mission statement and or Vision statement and whether Illinois Tool Works appears in the Fortune 500 company listing - all useful business information.
Name of Organization: Illinois Tool Works
Illinois Tool Works Company Address: 3600 W. Lake Ave., Glenview, IL 60026
Illinois Tool Works Telephone Number: 847-724-7500
Company Description As a top company in the Industrial Equipment industry Illinois Tool Works specialize in producing equipment and consumable systems, engineered fasteners and componentsand specialty products.
Business Industry - Industrial Equipment The general business activity and principal products or commercial enterprise of Illinois Tool Works are categorized as being part of the Industrial Equipment Industry.
Illinois Tool Works Slogan A slogan is a short, memorable catch phrase, tagline or motto used to to identify a product or company in advertisements. The advertising slogan, or business slogan most associated with Illinois Tool Works, is:
"When customers depend on us... We're there."
Illinois Tool Works Mission Statement and/or Vision Statement Mission Statements and Vision Statements are written for customers and employees of corporations. A Mission Statement can be defined as a sentence or short paragraph written by a company or business which reflects its core purpose, identity, values and principle business aims. The definition for a Vision Statement is a sentence or short paragraph providing a broad, aspirational image of the future.
Illinois Tool Works have guiding principles rather than a Mission Statement:
"We believe the future of good business is deeply rooted in the past. By following our guiding principles designed to enhance customer focus, productivity, innovation and profitability, we are able to make continual process and product improvements for customers, while producing solid results for our shareholders. Our ability to produce commercial innovations on a continual basis for our customers is the foundation of our success.
Our main guiding principles include the following:
Decentralization 80/20 Process Innovation "
Illinois Tool Works, a Top Fortune 500 Company
Illinois Tool Works appears in the 2008 Fortune 500 company listing. Every year Fortune the American business magazine compiles, ranks and publishes a list of the top 500 U.S. public corporations based on their gross revenue. The Top Fortune 500 Company list provides Fortune magazine readers with facts and information about the top companies and their contributions to the American economy. Companies eligible for inclusion in the Top Fortune 500 Company list are are those incorporated in the United States and whose revenues are publicly available.
Useful Definitions about a company such as Illinois Tool Works Useful definitions related to a company, like Illinois Tool Works, businesses and corporations - all useful business information. A company is a form of business organization in which ownership is established through the issue of shares. A corporation, termed as a limited company in the UK (Ltd.), are legal entities separate from the persons that form it. A company or corporation is recognized by the law to have rights and responsibilities like actual people. The names of companies are the names by which corporations are identified, such as Illinois Tool Works. The word "company" may refer to a partnership or to a sole proprietorship so the names of many business corporations end with "Ltd.","Inc." or "Plc" reflecting the Limited Liability if companies or businesses fail, in which case neither the shareholders nor the employees are held liable for debts. Public companies are listed on the Stock Exchange and their shares are available for the public to invest in.