Illinois Tool Works Inc. (ITW) has been benefiting from strength in the Automotive OEM (Original Equipment Manufacturer) segment and enterprise initiatives despite continued softness in the semiconductor end market and foreign currency woes. What’s Aiding ITW? Business Strength: Illinois Tool has been benefiting from stable underlying demand and improving supply chains. Strong market share and penetration gains in the rapidly growing EV market are boosting revenues in the Automotive OEM segment. The Food Eq ...