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Itw Electronic Component Pkgng. history
Itw Electronic Component Pkgng. company history timeline
Illinois Tool Works was founded in 1912 and is headquartered in Glenview, IL.“
In 1912, Chicago financier Byron Smith placed an ad in the Economist looking to provide capital to a “high class business (manufacturing preferred) in or near Chicago.” He turned down several initial offers, waiting for the right proposal.
Founded in 1916 as ZEVA in the Netherlands, the company was a pioneer in the field of industrial soldering.
With production of the circuit board in the 1950’s, new soldering methods were needed and the first “Wave Soldering System’ was introduced.
Founded in 1951 in Montreal Quebec Canada, Electrovert is known globally as a premier manufacturer of wave soldering, reflow soldering, and PCB cleaning equipment used in the printed circuit board assembly, semiconductor, and industrial manufacturing industries.
1960“You’re never more than a few feet away from a product of ITW” is heard on local radio stations as ITW expands into new industries and reaches beyond North American markets.
Founded in 1968 in Somerville, Massachusetts, MPM is known globally as a premier manufacturer of SMT printing equipment used in the printed circuit board assembly industry.
In the 1970’s, ZEVA introduced a complete line of automatic wave soldering machines.
Founded as the Knight Tool Company in 1976, by Patricia and Bill Cavallaro.
Then, in the 1980’s, ZEVA changed its name to Soltec, and the company continued to grow with the expanding electronics industry.
Founded in 1989, Spraycore® revolutionized the boat building and composites industries by introducing sprayable laminates that are lighter and stronger than hand-applied materials.
In 1989, Soltec introduced reflow soldering machines to serve the growing surface mount technology (SMT) market.
In 2005 Despatch entered the solar cell manufacturing market with the launch of its first metallization firing and drying furnace which soon became the world’s best-selling furnace in the market.
Despatch was purchased by ITW in 2011 and has become a key brand in the ITW EAE division.
In 2012, ITW proudly celebrated its 100-year anniversary, launching another century of manufacturing excellence.
2014 ITW Engineered PolymersITW Engineered Polymers formed in 2014 with the merge of ITW Polymers Europe and ITW Polymers Coatings.
2018 ITW Performance PolymersITW Performance Polymers formed in 2018 with the integration of ITW Polymers Adhesives, North America and ITW Engineered Polymers.
© 2022 Illinois Tool Works Inc.
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