Moody's Ratings announces completion of a periodic review of ratings of Illinois Tool Works Inc.
Moody's Ratings has completed a periodic review of the ratings of Illinois Tool Works Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 5 April 2024 in which Moody's Ratings reassessed the appropriateness of the ratings in the c...Illinois Tool Works manufactures a range of industrial products and equipment. Automotive OEM segment produces components and fasteners for automotive-related applications. Food Equipment segment is engaged in commercial food equipment. Test and Measurement and Electronics segment produces equipment for testing and measuring of materials and structures. Welding segment produces arc welding equipment, consumables and accessories. Polymers and Fluids segment produces adhesives, sealants, lubrication and cutting fluids for auto aftermarket maintenance. Construction Products segment supplies fastening systems and solutions. Specialty Products segment is focused on patent protection.
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