Innovation
ITW's culture is rooted in developing commercial innovations. Many of our product
success stories begin on-site, where our customers' needs are most apparent. Thanks
to the expertise of ITW's management and sales force (many of whom are trained engineers),
we are well equipped to provide practical and time-sensitive solutions to the most
complex situations. Our seasoned workforce intimately understands the manufacturing
challenges facing customers and can develop original solutions from the ground up.
We also have the ability to support our businesses through our ITW Technology
Center. Working on a request-only basis from our business units, the technology
center provides advanced consulting on issues such as cutting-edge materials,
mechanical designs and manufacturing processes.
ITW's passion for creating commercial innovations is no secret, considering we
typically rank in the top 100 of patent recipients in the United States. In
2007, we had nearly 20,000 unexpired patents and pending applications worldwide
and ranked 79 of top issuers of U.S. patents in 2006.
In addition, each year we recognize the worldwide patent contributions of our
people through the ITW Patent Society. Founded in 1969, the society has 800
members, including hundreds of engineers, technicians and other innovative
thinkers employed by ITW (including hundreds of our talented salespeople). Nearly
185 of the members are considered Distinguished Fellows, recognized for
having patents on inventions for products with noteworthy commercial success,
and 21 individuals are Hall of Fame members, distinguished for their lifetime
achievement.