Illinois Tool Works Inc manufactures engineered components and fasteners, consumable and equipment systems and even various specialty products. The company ranks among top patent issuers of the United States. They are highly renowned for developing equipments with high thrust on greener technology for food industry and even safer way for fueling vehicles. The company has its origin in 1912, when Byron Smith, a Chicago financier initiated to offer capital investment for high-class business opportunity. However, he rejected many proposals before making up his mind to go for innovative gear grinding. Thus the company emerged and even endured through several recessions and war; before expanding into a world-class business.