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  • Illinois Tool Works: The Essence of Innovative Business

    05/16/2003 10:38:42 AM PDT · by G. Stolyarov II · 1 replies · 353+ views
    The Rational Argumentator ^ | May 16, 2003 | G. Stolyarov II
    Recently I have had the privilege of embarking upon a guided tour of one of Illinois Tool Works’ 600 mini-companies, a strap manufacturing plant near the company’s headquarters in Glenview, Illinois. Signode Strap, a product invented within a firm owned by ITW, is the most prevalent of its sort in the market. It is furnished of entirely recyclable materials (pop bottle remnants) into gargantuan plastic sheets that are conveyed through rollers at phenomenal temperatures of over 300 degrees Fahrenheit. I was able to observe the plastic rolled into colossal coils, then unwound again to be sliced into uniform strips, while...