Illinois Tool Works Inc.

Now at Lowe's: Paslode Universal Heavy-Duty Stapling Program

ITW's Paslode brand launched its Universal Heavy-Duty Stapling program at Lowe's, bringing staplers, hammer tackers and universal staples to pros through select stores nationwide and Lowes.com. The lineup includes three compression staplers and two hammer tackers, plus 20-gauge galvanized 3/8-inch crown staples in four lengths that also fit most heavy-duty competitor staples. Paslode is one of the largest brands in ITW Construction Products; the Lowe's rollout broadens contractor access and is a modest positive, but it is routine distribution news unlikely to meaningfully move ITW's consolidated results.

•1mo ago

The New Miller® Copilot™ Builder™ With Blue iQ™ Brings Adaptive Automation to Real-World Fabrication Environments

Miller Electric, a subsidiary of Illinois Tool Works, launched the Copilot Builder with Blue iQ, a new robotic welding system developed in collaboration with Novarc Technologies. The system leverages NovAI's adaptive intelligence to handle real-time weld variation and part inconsistencies, reducing the need for expensive fixtures or extensive reprogramming. By integrating with NovHub, the solution provides data traceability and actionable insights, targeting sectors like data centers, shipbuilding, and energy infrastructure.

•1mo ago

Teks launches Elite Metal-to-Metal Screws for professional trade applications

ITW's Teks brand launched the Elite Metal-to-Metal Screws, a premium line of self-drilling fasteners designed for electrical, HVAC, and construction professionals. The new fasteners feature a proprietary tip that starts 20% faster and a star drive designed to reduce wobble and improve bit engagement. The product is available immediately nationwide at major retailers including Home Depot, Lowe's, and Amazon.

•2mo ago

Paslode Launches New Universal Heavy-Duty Stapling Solutions for PROs

Paslode, a division of Illinois Tool Works Inc., launched its Universal Heavy-Duty Stapling Program, introducing five new manual fastening tools and a line of universal 3/8-inch crown staples. The new lineup includes three compression staplers and two hammer tackers designed for applications ranging from house wrap and insulation to upholstery and trim. These universal-fit staples are compatible with most heavy-duty competitor staples and are now available at major retailers including Home Depot and Lowe's.

•2mo ago

ITW Announces 7% Dividend Increase and $6 Billion Share Repurchase Program

Illinois Tool Works increased its annual dividend by 7% to $6.88 per share, extending its streak of consecutive annual increases to 63 years. The Board of Directors also authorized a new $6 billion share repurchase program to be executed at management's discretion. CEO Christopher A. O’Herlihy attributed the capital returns to the strength of the ITW Business Model and confidence in long-term free cash flow generation.

•2mo ago

ITW Reports Second Quarter 2026 Results and Raises Full Year 2026 Guidance

ITW reported second quarter revenue of $4.30 billion, up 6.1% year-over-year, driven by 4.5% organic growth and solid performance across key segments. Operating margin expanded to a record 26.7%, generating free cash flow of $631 million and enabling the return of over $1.2 billion to shareholders. The company raised full-year 2026 guidance, now projecting 4-5% revenue growth and GAAP EPS of $11.35 to $11.55 per share.

•2mo ago

Miller Expands Deltaweld® and Auto Deltaweld® Lineup With New 600-Amp System

Miller Electric Mfg. LLC, a subsidiary of Illinois Tool Works Inc., launched the Deltaweld 600 and Auto Deltaweld 600 systems, extending the platform to 600 amps. The new systems are designed to handle higher amperage for longer periods, aimed at maintaining productivity in demanding applications. The additions round out the existing 350-amp and 500-amp lineup and integrate with Intellx and Auto Elite wire feeders for automated use.

•3mo ago

ITW Board of Directors Declares Quarterly Dividend

The ITW Board of Directors declared a dividend of $1.61 per share for the second quarter of 2026. This dividend equates to $6.44 per share on a full-year basis, providing a consistent return to shareholders. The dividend will be paid on July 10, 2026, to shareholders of record as of June 30, 2026.

•5mo ago