ELGIN, IL – Paslode Industrial, a business unit of Illinois Tool Works Inc., changed its name to ITW Industrial Fastening. Bruce Jacobs, general manager of ITW Industrial Fastening, announced the name change. As part of the segmentation process, ITW Industrial Fastening will operate under a separate database system.
“Our new organizational name change was precipitated by the segmentation of Paslode into two separate businesses — Paslode Construction and Paslode Industrial,” said Jacobs. “Each of these businesses has its own business model and strategies and focuses on different trades. Our name change to ITW Industrial Fastening underscores these differences and helps eliminate confusion.”
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