
Automotive OEM
ITW’s Automotive OEM segment designs and manufactures innovative fasteners, interior and exterior components, and powertrain and braking systems for OEMs and their top-tier suppliers. ITW’s automotive businesses have a high level of customer intimacy, enabling customer-back innovation to address complex needs such as vehicle efficiency, safety, and quality. Deep market knowledge and strong manufacturing process capabilities allow ITW’s automotive businesses to be nimble, niche problem solvers for their sophisticated customers.
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$3.1
Billion
2019 Revenues
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21.5%
2019 Operating Margin
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2,916
Patent Portfolio
(Granted and Pending as of Dec. 2019)
Segment Revenue
by Geography
Growth Drivers
Demand for improved fuel economy and safety
Reduced engineering resources at Auto OEMs drives greater reliance on ITW innovation
Unique global technical and manufacturing capabilities, including a strong position in high-growth China market