High-Tech Quality Manufacturing Competitors and Similar CompaniesClear all

Illinois Tool Works's competitors and similar companies include SCHUMAG and HERN.
Illinois Tool Works
Illinois Tool Works
Illinois Tool Works (ITW) is a company that manufactures industrial equipment.
SCHUMAG
SCHUMAG
SCHUMAG is a company that designs, manufactures, and installs a variety of metal processing production machinery.
HERN
HERN
HERN is a manufacturer of machinery components.
Founding Date
Founding Date
1912
Founding Date
1830
Founding Date
1954
Type
Type
Public
Type
Public
Type
Subsidiary
Tags
Locations
Locations
Glenview, US HQ
Ingleburn, AU
Plovdiv, BG
Markham, CA
Oakville, CA
Dongguan, CN
Langfang, CN
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Locations
Aachen, DE HQ
Locations
Námestovo, SK HQ
Employees
Employees
43,0002% decrease
Employees
531
Employees
67
Valuation ($)
Valuation ($)
76 b
Valuation ($)
2.8 m
Valuation ($)
N/A

Financial

Revenue (est.)
Revenue (est.)
$16b (FY, 2025)
Revenue (est.)
€51.2m (FY, 2023)
Revenue (est.)
€61.8m (FY, 2022)
Cost of goods
Cost of goods
$9b (FY, 2025)
Cost of goods
€18.3m (FY, 2023)
Cost of goods
€51m (FY, 2022)
Gross profit
Gross profit
$7.1b (FY, 2025)
Gross profit
€33.9m (FY, 2023)
Gross profit
€10.8m (FY, 2022)
Net income
Net income
$3.1b (FY, 2025)
Net income
(€4.5m) (FY, 2023)
Net income
€1.5m (FY, 2022)
For sources of this data, please see the company profile

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SCHUMAG
HQ
Aachen, DE
Employees
531

SCHUMAG is a company that designs, manufactures, and installs a variety of metal processing production machinery.

View company
HERN
HQ
Námestovo, SK

HERN is a manufacturer of machinery components.

View company