The ITW Packaging Solutions group is comprised of decentralized ITW business units that specialize in their own unique packaging machinery and/or packaging materials products. Individually, our companies are industry-leading suppliers to the key targeted markets they serve. Combining forces collectively within our operating units enhances our strength in products while reinforcing ITW as a global supplier of packaging solutions. This is a benefit particularly designed to assist in locating and providing the best products for our customers.
Our companies meet once a year at a designated ITW location and at each Pack Expo International and Pack Expo Las Vegas trade show. We discuss sales/marketing strategies, synergies between products and target market distribution efforts. We tour each visiting ITW facility to fully educate each other on the vast array of manufacturing process and product lines, allowing the group to cross-promote for the benefit of our customers.
Each of the packaging companies listed on this site are a business unit of ITW. Illinois Tool Works Inc. (NYSE:ITW) designs and produces an array of highly engineered fasteners and components, equipment and consumable systems, and specialty products and equipment for customers around the world. A Fortune 200 diversified manufacturing company with more than 90 years of history, ITW's 650 decentralized business units in 45 countries employ nearly 49,000 men and women who are focused on creating value-added products and innovative customer solutions.
The packaging companies participating in this site all apply the 80/20 processes. The ITW 80/20 concept is simple: 80 percent of a business' sales are derived from the 20 percent of its product offering being sold to key customers. Simply put, too often companies do not spend enough time on the critical 20 percent of their key customers and products and spend too much time on the less important 80 percent. This process is really about simplifying and focusing on the key parts of your business.
Learn about the Packaging Companies involved in the ITW Packaging Solutions Group