![Honeywell International, Inc.](https://www.english.nina.az/wikipedia/image/aHR0cHM6Ly91cGxvYWQud2lraW1lZGlhLm9yZy93aWtpcGVkaWEvY29tbW9ucy90aHVtYi8yLzJhL0hvbmV5d2VsbF9sb2dvLnN2Zy8xNjAwcHgtSG9uZXl3ZWxsX2xvZ28uc3ZnLnBuZw==.png )
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, industrial automation, and energy and sustainability solutions (ESS). Honeywell is a Fortune 500 company, ranked 115th in 2023. In 2023, the corporation had a global workforce of approximately 95,000 employees. As of 2020, the current chairman and chief executive officer (CEO) is Vimal Kapur.
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Company type | Public |
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Industry | Conglomerate |
Predecessor |
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Founded | 1906 | in Wabash, Indiana, U.S.
Founder | Mark C. Honeywell (for the Honeywell Inc. line) |
Headquarters | Charlotte, North Carolina, U.S. |
Area served | Worldwide |
Key people |
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Revenue | |
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Total assets | |
Total equity | |
Number of employees | c. 95,000 (2023) |
Subsidiaries |
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Website | www |
Footnotes / references |
The corporation's name, Honeywell International Inc., is a product of the merger of Honeywell Inc. and AlliedSignal in 1999. The corporation headquarters were consolidated with AlliedSignal's headquarters in Morristown, New Jersey. The combined company chose the name "Honeywell" because of the considerable brand recognition. Honeywell was a component of the Dow Jones Industrial Average index from 1999 to 2008. Prior to 1999, its corporate predecessors were included dating back to 1925, including early entrants in the computing and thermostat industries.
In 2020, Honeywell rejoined the Dow Jones Industrial Average index. In 2021, it moved its stock listing from the New York Stock Exchange to the Nasdaq.
History
The Butz Thermo-Electric Regulator Company was founded in 1885 when the Swiss-born Albert Butz invented the damper-flapper, a thermostat used to control coal furnaces, bringing automated heating system regulation into homes. In 1886, he founded the Butz Thermo-Electric Regulator Company. In 1888, after a falling out with his investors, Butz left the company and transferred the patents to the legal firm Paul, Sanford, and Merwin, who renamed the company the Consolidated Temperature Controlling Company.
As the years passed, CTCC struggled with debt, and the company underwent several name changes. After it was renamed the Electric Heat Regulator Company in 1893, W.R. Sweatt, a stockholder in the company, was sold "an extensive list of patents" and named secretary-treasurer.: 22 By 1900, Sweatt had bought out the remaining shares of the company from the other stockholders.
1906 Honeywell Heating Specialty Company founded
In 1906, Mark Honeywell founded the Honeywell Heating Specialty Company in Wabash, Indiana, to manufacture and market his invention, the mercury seal generator.
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1922–1934 Mergers and acquisitions
As Honeywell's company grew, thanks in part to the acquisition of Jewell Manufacturing Company in 1922 to better automate his heating system, it began to clash with the Electric Heat Regulator Company now-renamed Minneapolis Heat Regulator Company. In 1927, this led to the merging of both companies into the publicly-held Minneapolis-Honeywell Regulator Company. Honeywell was named the company's first president, alongside W.R. Sweatt as its first chairman.
In 1929, combined assets were valued at over $3.5 million, with less than $1 million in liabilities just months before Black Monday.: 49 In 1931, Minneapolis-Honeywell began a period of expansion and acquisition when they purchased the Time-O-Stat Controls Company, giving the company access to a greater number of patents for their controls systems.
W.R. Sweatt and his son Harold provided 75 years of uninterrupted leadership for the company. W.R. Sweatt survived rough spots and turned an innovative idea – thermostatic heating control – into a thriving business.
1934–1941 International growth
Harold took over in 1934, leading Honeywell through a period of growth and global expansion that set the stage for Honeywell to become a global technology leader. The merger into the Minneapolis-Honeywell Regulator Company proved to be a saving grace for the corporation.
1934 marked Minneapolis-Honeywell's first foray into the international market, when they acquired the Brown Instrument Company and inherited their relationship with the Yamatake Company of Tokyo, a Japan-based distributor.: 51 Later in 1934, Minneapolis-Honeywell started distributorships across Canada, as well as one in the Netherlands, their first European office. This expansion into international markets continued in 1936, with their first distributorship in London, as well as their first foreign assembly facility being established in Canada. By 1937, ten years after the merger, Minneapolis-Honeywell had over 3,000 employees, with $16 million in annual revenue.
World War II
With the outbreak of World War II, Minneapolis-Honeywell was approached by the US military for engineering and manufacturing projects. In 1941, Minneapolis-Honeywell developed a superior tank periscope, camera stabilizers, and the C-1 autopilot.
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The C-1 revolutionized precision bombing and was ultimately used on the two B-29 bombers that dropped atomic bombs on Japan in 1945. The success of these projects led Minneapolis-Honeywell to open an Aero division in Chicago on October 5, 1942.: 73 This division was responsible for the development of the formation stick to control autopilots, more accurate fuel quantity indicators for aircraft, and the turbo supercharger.: 79
In 1950, Minneapolis-Honeywell's Aero division was contracted for the controls on the first US nuclear submarine, USS Nautilus.: 88 In 1951, the company acquired Intervox Company for their sonar, ultrasonic, and telemetry technologies. Honeywell also helped develop and manufacture the RUR-5 ASROC for the US Navy.
1950–1970s
In 1953, in cooperation with the USAF Wright-Air Development Center, Honeywell developed an automated control unit, that could control an aircraft through various stages of a flight, from taxiing to takeoff to the point where the aircraft neared its destination and the pilot took over for landing. Called the Automatic Master Sequence Selector, the onboard control operated similarly to a player piano to relay instructions to the aircraft's autopilot at certain way points during the flight, significantly reducing the pilot's workload. Technologically, this effort had parallels to contemporary efforts in missile guidance and numerical control. Honeywell also developed the Wagtail missile with the USAF.
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From the 1950s until the mid-1970s, Honeywell was the United States' importer of Japanese company Asahi Optical's Pentax cameras and photographic equipment.: 153 These products were labeled "Heiland Pentax" and "Honeywell Pentax" in the U.S. In 1953, Honeywell introduced their most famous product, the T-86 Round thermostat.: 110
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In 1961, James H. Binger became Honeywell's president and in 1965 its chairman. Binger revamped the company sales approach, placing emphasis on profits rather than on volume. He stepped up the company's international expansion – it had six plants producing 12% of the company's revenue. He officially changed the company's corporate name from "Minneapolis-Honeywell Regulator Co." to "Honeywell", to better represent their colloquial name. Throughout the 1960s, Honeywell continued to acquire other businesses, including Security Burglar Alarm Company in 1969.: 130
In the 1970s, after one member of a group called FREE on the Minneapolis campus (U of M) of the University of Minnesota asked five major companies with local offices to explain their attitudes toward gay men and women, three responded quickly, insisting that they did not discriminate against gay people in their hiring policies. Only Honeywell objected to hiring gay people. Later in the 1970s, when faced with a denial of access to students, Honeywell "quietly [reversed] its hiring policy".
The beginning of the 1970s saw Honeywell focus on process controls, with Honeywell merging their computer operations with GE's information systems in 1970, and later acquiring GE's process control business.: 122 With the acquisition, Honeywell took over responsibility for GE's ongoing Multics operating system project. The design and features of Multics greatly influenced the Unix operating system. Multics influenced many of the features of Honeywell/GE's GECOS and GCOS8 General Comprehensive Operating System operating systems. Honeywell, Groupe Bull, and Control Data Corporation formed a joint venture in Magnetic Peripherals Inc. which became a major player in the hard disk drive market.: 124
Honeywell was the worldwide leader in 14-inch disk drive technology in the OEM marketplace in the 1970s and early 1980s, especially with its SMD (Storage Module Drive) and CMD (Cartridge Module Drive). In the second half of the 1970s, Honeywell started to look to international markets again, acquiring the French Compagnie Internationale pour l’Informatique in 1976.: 124 In 1984, Honeywell formed Honeywell High Tech Trading to lease their foreign marketing and distribution to other companies abroad, in order to establish a better position in those markets.: 147 Under Binger's stewardship from 1961 to 1978 he expanded the company into such fields as defense, aerospace, and computing.
During and after the Vietnam Era, Honeywell's defense division produced a number of products, including cluster bombs, missile guidance systems, napalm, and land mines. Minnesota-Honeywell Corporation completed flight tests on an inertia guidance sub-system for the X-20 project at Eglin Air Force Base, Florida, utilizing an NF-101B Voodoo by August 1963. The X-20 project was canceled in December 1963. The Honeywell project, founded in 1968, organized protests against the company to persuade it to abandon weapons production
In 1980, Honeywell bought Incoterm Corporation to compete in both the airline reservations system networks and bank teller markets.
Honeywell Information Systems
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In April 1955, Minneapolis-Honeywell started a joint venture with Raytheon called Datamatic to enter the computer market and compete with IBM.: 118 In 1957, their first computer, the DATAmatic 1000, was sold and installed. In 1960, just five years after embarking on this venture with Raytheon, Minneapolis-Honeywell bought Raytheon's interest in Datamatic and turned it into the Electronic Data Processing division, later Honeywell Information Systems (HIS) of Minneapolis-Honeywell.: 118
Honeywell purchased minicomputer pioneer Computer Control Corporation (3C's) in 1966, renaming it as Honeywell's Computer Control Division. Through most of the 1960s, Honeywell was one of the "Snow White and the Seven Dwarfs" of computing. IBM was "Snow White", while the dwarfs were the seven significantly smaller computer companies: Burroughs, Control Data Corporation, General Electric, Honeywell, NCR, RCA, and UNIVAC. Later, when their number had been reduced to five, they were known as "The BUNCH", after their initials: Burroughs, UNIVAC, NCR, Control Data Corporation, and Honeywell.
In 1970, Honeywell acquired GE's computer business, rebadging General Electric's 600-series mainframes to Honeywell 6000 series computers, supporting GCOS, Multics, and CP-6, while forming Honeywell Information Systems. In 1973, they shipped a high speed non-impact printer called the Honeywell Page Printing System. In 1975, it purchased Xerox Data Systems, whose Sigma computers had a small but loyal customer base. Some of Honeywell's systems were minicomputers, such as their Series 60 Model 6 and Model 62 and their Honeywell 200. The latter was an attempt to penetrate the IBM 1401 market.
In 1987, HIS merged with Groupe Bull, a global joint venture with Compagnie des Machines Bull of France and NEC Corporation of Japan to become Honeywell Bull. In 1988 Honeywell Bull was consolidated into Groupe Bull and in 1989 renamed to Bull, a Worldwide Information Systems Company. By 1991, Honeywell was no longer involved in the computer business.
1985–1999 integrations
Aerospace and defense
1986 marked a new direction for Honeywell, beginning with the acquisition of the Sperry Aerospace Group from the Unisys Corporation. In 1990, Honeywell spun off their Defense and Marine Systems business into Alliant Techsystems, as well as their Test Instruments division and Signal Analysis Center to streamline the company's focus. Honeywell continues to supply aerospace products including electronic guidance systems, cockpit instrumentation, lighting, and primary propulsion and secondary power turbine engines. In 1996, Honeywell acquired Duracraft and began marketing its products in the home comfort sector.
Honeywell is in the consortium that runs the Pantex Plant that assembles all of the nuclear bombs in the United States arsenal. Honeywell Federal Manufacturing & Technologies, successor to the defense products of AlliedSignal, operates the Kansas City Plant which produces and assembles 85 percent of the non-nuclear components of the bombs.
Home and building controls
Honeywell began the SmartHouse project, to combine heating, cooling, security, lighting, and appliances into one easily controlled system. They continued the trend in 1987 by releasing new security systems, and fire and radon detectors. In 1992, in another streamlining effort, Honeywell combined their Residential Controls, Commercial Systems, and Protections Services divisions into Home and Building Control, which then acquired the Enviracare air cleaner business.: 183 By 1995, Honeywell had condensed into three divisions: Space and Aviation Control, Home and Building Control, and Industrial Control.
Industrial control
Honeywell dissolved its partnership with Yamatake Company and consolidated its Process Control Products Division, Process Management System Division, and Micro Switch Division into one Industrial Control Group in 1998.[citation needed] It has further acquired Measurex System and Leeds & Northrup to strengthen its portfolio in 1997.
1999–2002 merger, takeovers
AlliedSignal and Pittway
On June 7, 1999, Honeywell was acquired by AlliedSignal, who elected to retain the Honeywell name for its brand recognition. The former Honeywell moved their headquarters of 114 years to AlliedSignal's in Morristown, New Jersey. While "technically, the deal looks more like an acquisition than a merger...from a strategic standpoint, it is a merger of equals." AlliedSignal's 1998 revenue was reported at $15.1 billion to Honeywell's $8.4 billion, but together the companies share huge business interests in aerospace, chemical products, automotive parts, and building controls.
The corporate headquarters were consolidated to AlliedSignal's headquarters in Morristown, New Jersey, rather than Honeywell's former headquarters in Minneapolis, Minnesota. When Honeywell closed its corporate headquarters in Minneapolis, over one thousand employees lost their jobs. A few moved to Morristown or other company locations, but the majority were forced to find new jobs or retire. Soon after the merger, the company's stock fell significantly, and did not return to its pre-merger level until 2007.
In 2000, the new Honeywell acquired Pittway for $2.2 billion to gain a greater share of the fire-protection and security systems market, and merged it into their Home and Building Control division, taking on Pittway's $167 million in debt. Analyst David Jarrett commented that "while Honeywell offered a hefty premium, it's still getting Pittway for a bargain" at $45.50 per share, despite closing at $29 the week before. Pittway's Ademco products complemented Honeywell's existing unified controls systems.
General Electric Company
In October 2000, Honeywell, then valued at over $21 billion, accepted a takeover bid from then-CEO Jack Welch of General Electric. The American Department of Justice cleared the merger, while "GE teams swooped down on Honeywell" and "GE executives took over budget planning and employee reviews." However, on July 3, 2001, the European Commission's competition commissioner, Mario Monti, blocked the move. This decision was taken on the grounds that with GE's dominance of the large jet engine market, led by the General Electric CF34 turbofan engine, its leasing services (GECAS), and Honeywell's portfolio of regional jet engines and avionics, the new company would be able to "bundle" products and stifle competition through the creation of a horizontal monopoly.
US regulators disagreed, finding that the merger would improve competition and reduce prices; United States Assistant Attorney General Charles James called the EU's decision "antithetical to the goals of antitrust law enforcement." This led to a drop in morale and general tumult throughout Honeywell.[citation needed] The then-CEO Michael Bonsignore was fired as Honeywell looked to turn their business around.
2002–2014 acquisitions and further expansion
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In January 2002, Knorr-Bremse —who had been operating in a joint venture with Honeywell International Inc. —assumed full ownership of its ventures in Europe, Brazil, and the USA. Bendix Commercial Vehicle Systems became a subsidiary of Knorr-Bremse AG.
In February 2002, Honeywell's board appointed their next CEO and chairman, David M. Cote. Since 2002, Honeywell has made more than 80 acquisitions and 60 divestures, and increasing its labor force to 131,000 as a result of these acquisitions.[citation needed] Honeywell's stock nearly tripled from $35.23 in April 2002 to $99.39 in January 2015.
Honeywell made a £1.2bn ($2.3bn) bid for Novar plc in December 2004. The acquisition was finalized in March 2005. In October 2005, Honeywell bought out Dow's 50% stake in UOP for $825 million, giving them complete control over the joint venture in petrochemical and refining technology. In May 2010, Honeywell outbid UK-based Cinven and acquired the French company Sperian Protection for $1.4 billion, which was then incorporated into its automation and controls safety unit.
2015–present
In 2015, the headquarters were moved to Morris Plains, New Jersey. The headquarters in Morris Plains included a 475,000-square-foot building on 40 acres.
In December 2015, Honeywell acquired Elster for US$5.1B, entering the space of gas, electricity, and water meters with a specific focus on smart meters. Honeywell International Inc. then acquired the 30% stake in UOP Russell LLC it didn't own already for roughly $240 million in January 2016.
In April 2016, Honeywell acquired Xtralis, a provider of aspirating smoke detection, perimeter security technologies, and video analytics software, for $480 million, from funds advised by Pacific Equity Partners and Blum Capital Partners. In May 2016, Honeywell International Inc. settled its patent dispute regarding Google subsidiary Nest Labs, whose thermostats Honeywell claimed infringed on several of its patents. Google parent Alphabet Inc. and Honeywell said they reached a "patent cross-license" agreement that "fully resolves" the long-standing dispute. Honeywell sued Nest Labs in 2012. In 2017, Honeywell opened a new software center in Atlanta, Georgia.
David Cote stepped down as CEO on April 1, 2017, and was succeeded by Darius Adamczyk, who had been promoted to president and chief operating officer (COO) in 2016. Cote served as executive chairman until April 2018. In October 2017, Honeywell announced plans to spin off its Homes, ADI Global Distribution, and Transportation Systems businesses into two separate, publicly traded companies by the end of 2018.
In 2018, Honeywell spun off both Honeywell Turbo Technologies, now Garrett Advancing Motion, and its consumer products business, Resideo. Both companies are publicly traded on the New York Stock Exchange. For the fiscal year 2019, Honeywell reported net income of US$6.230 billion, with an annual revenue of US$36.709 billion, a decrease of 19.11% over the previous fiscal cycle. Honeywell's market capitalization was valued at over US$113.25 billion in September 2020.
Honeywell relocated its corporate headquarters in October 2019 to Charlotte, North Carolina. In July 2019, Honeywell moved employees into a temporary headquarters building in Charlotte before their new building was complete.
In 2020, Honeywell Forge launched as an analytics platform software for industrial and commercial applications such as aircraft, building, industrial, worker and cyber-security. In collaboration with Carnegie Mellon University National Robotics Engineering Center, the Honeywell Robotics was created in Pittsburgh to focus on supply chain transformation. The Honeywell robotic unloader grabs packages in tractor-trailers then places them on conveyor belts for handlers to sort.
In May 2019, GoDirect Trade launched as an online marketplace for surplus aircraft parts such as engines, electronics, and APU parts. In March 2020, Honeywell announced that its quantum computer is based on trapped ions. Its expected quantum volume is at least 64, which Honeywell's CEO called the world's most powerful quantum computer. In November 2021, Honeywell announced the spinoff of its quantum division into a separate company named "Quantinuum".
In March 2023, Honeywell announced Vimal Kapur as its next CEO, effective June 1, 2023. In December 2023, Honeywell acquired Carrier Global's security business for nearly $5 billion to boost its automation portfolio.
In February 2024, Honeywell filed a lawsuit against Lone Star Aerospace, Inc., alleging that their software products infringe on five patents.
On October 1, 2024, Honeywell partnered with Google to integrate data with generative AI with an aim to streamline autonomous operations for its customers.
COVID-19 pandemic
In response to the COVID-19 pandemic, Honeywell converted some of its manufacturing facilities in Rhode Island, Arizona, Michigan and Germany to produce supplies of personal protective equipment for healthcare workers. In April 2020, Honeywell began production of N95 masks at the company's factories in Smithfield and Phoenix, aiming to produce 20 million masks a month. Honeywell's facilities in Muskegon and Germany were converted to produce hand sanitiser for government agencies.
Several state governments contracted Honeywell to produce N95 particulate-filtering face masks during the pandemic. The North Carolina Task Force for Emergency Repurposing of Manufacturing (TFERM) awarded Honeywell a contract for the monthly delivery of 100,000 N95 masks. In April 2020, Los Angeles Mayor Eric Garcetti announced a deal with Honeywell to produce 24 million N95 masks to distribute to healthcare workers and first responders.
In May 2020, United States President Donald Trump visited the Honeywell Aerospace Technologies facility in Phoenix, where he acknowledged the "incredibly patriotic and hard-working men and women of Honeywell" for making N95 masks and referred to the company's production as a "miraculous achievement".
In April 2021, Will.i.am and Honeywell collaborated on Xupermask, a mask made of silicon and athletic mesh fabric that has LED lights, 3-speed fans and noise-canceling headphones in the mask.
In November 2024, Honeywell announced its intention to sell its personal protective equipment business to Protective Industrial Products for almost $1.33 billion in cash. The sale of this PPE business is expected to close by the first half of 2025.
After the divestment of PPE business, the company is planning to retain its gas detection portfolio.
Business groups
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The company operates four business groups – Honeywell Aerospace Technologies, Building Automation, Safety and Productivity Solutions (SPS), and Performance Materials and Technologies (PMT). Business units within the company are as follows:
Honeywell Aerospace Technologies provides avionics, aircraft engines, flight management systems, and service solutions to manufacturers, airlines, airport operations, militaries, and space programs. It comprises Commercial Aviation, Defense & Space, and Business & General Aviation. In January 2014, Honeywell Aerospace Technologies launched its SmartPath Precision Landing System at Malaga-Costa del Sol Airport in Spain, which augments GPS signals to make them suitable for precision approach and landing, before broadcasting the data to approaching aircraft.
In July 2014, Honeywell's Transportation Systems merged with the Aerospace division due to similarities between the businesses. In April 2018, Honeywell announced to develop laser communication products for satellite communication in collaboration with Ball Aerospace and plans future volume production. In June 2018 Honeywell spun off and rebranded its Transportation Systems as Garrett.
Building Automation and Honeywell Safety and Productivity Solutions were created when Automation and Control Solutions was split into two in July 2016. Building Automation comprises Honeywell Building Solutions, Environmental and Energy Solutions, and Honeywell Security and Fire. In December 2017, Honeywell announced that it had acquired SCAME, an Italy-based company, to add new fire and gas safety capabilities to its portfolio. Honeywell Safety and Productivity Solutions comprises Scanning & Mobility, Sensing and Internet of Things, and Industrial safety.
Honeywell Performance Materials and Technologies comprises six business units: Honeywell UOP, Honeywell Process Solutions, Fluorine Products, Electronic Materials, Resins & Chemicals, and Specialty Materials. Products include process technology for oil and gas processing, fuels, films and additives, special chemicals, electronic materials, and renewable transport fuels.
Corporate governance
Honeywell's current chief executive officer is Vimal Kapur. As of June 2023[update], the members of the board are:
Vimal Kapur | Chief executive officer |
Darius Adamczyk | Chairman |
Duncan B. Angove | Chief Executive Officer of Arcspring LLC |
William S. Ayer | Retired chairman of the board and chief executive officer of Alaska Air Group |
Kevin Burke | Non-executive chairman of Consolidated Edison, Inc. (Con Edison) |
Deborah Flint | President and chief executive officer of the Greater Toronto Airports Authority (GTAA) |
D. Scott Davis | Chairman and chief executive officer of United Parcel Service, Inc. (UPS) |
Rose Lee | President and CEO Cornerstone Buildings Brands |
Grace D. Lieblein | Vice president of global purchasing and supply chain of General Motors Corporation (GM) |
Robin L. Washington | Executive vice president and chief financial officer of Gilead Sciences, Inc. |
Robin Watson CBE | Former chief executive officer of Wood Plc |
Acquisitions since 2002
Honeywell's acquisitions have consisted largely of businesses aligned with the company's existing technologies. The acquired companies are integrated into one of Honeywell's four business groups (Aerospace Technologies (AT), Building Automation (BA), Safety and Productivity Solutions (SPS), or Performance Materials and Technologies (PMT)) but retain their original brand name.
Year | Acquisition | Business Group |
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2023 | LenelS2 Supra Onity | BA |
2021 | Sparta Systems | PMT |
2020 | Sine Group | BA |
Ballard Unmanned Systems | AT | |
2019 | Tru-Trak Flight Systems | AT |
Rebellion Photonics | SPS | |
2018 | Transnorm | SPS |
2017 | Nextnine | PMT |
SCAME Sistemi | BA | |
FLUX | SPS | |
2016 | Com Dev | AT |
RSI | BA | |
Intelligrated | SPS | |
Xtralis | BA | |
Movilizer | SPS | |
UOP Russell LLC | PMT | |
2015 | Seelze | PMT |
Elster | PMT | |
Aviaso | AT | |
Datamax-O'Neil | SPS | |
2013 | Saia Burgess Controls | BA |
Intermec | SPS | |
RAE Systems | SPS | |
2012 | Fire Sentry | BA |
InnCom | BA | |
Thomas Russell LLC | PMT | |
2011 | EMS | SPS/AT |
Iris Systems | BA | |
Kings Safety Shoes | SPS | |
2010 | Akuacom | BA |
Matrikon | PMT | |
E-Mon | BA | |
Sperian | SPS | |
2009 | RMG | PMT |
Cythos | SPS | |
2008 | AV Digital Audio-Videotechnik GmbH | BA |
Energy Services Group, LLC | PMT | |
Metrologic | SPS | |
IAC | AT | |
Callidus | PMT | |
Norcross | SPS | |
2007 | Plant Automation Systems, Inc. (PAS) | PMT |
Dimensions Int'l | AT | |
ActiveEye | SPS | |
Burtek | PMT | |
Ex-Or | BA | |
Enraf Holdings B.V. | SPS | |
Handheld Products | SPS | |
Maxon Corporation | PMT | |
2006 | Sempra Energy Services | PMT |
First Technology | SPS | |
Gardiner Group | BA | |
2005 | Honeywell UOP | PMT |
Novar Controls | BA | |
Zellweger | SPS | |
Lebow | SPS | |
Friedland | BA | |
InterCorr International, Inc. | SPS | |
Tridium, Inc. | BA | |
2004 | Hymatic Group | AT |
Genesis Cable | BA | |
HomMed, LLC | SPS | |
Aube Technologies | BA | |
Vindicator | BA | |
Electro-Radiation Incorporated (ERI) | AT | |
Edgelinx | BA | |
GEM Microelectronics | PMT | |
2003 | Silent Witness | BA |
Sensotec | SPS | |
Baker Electronics | AT | |
Gamewell | BA | |
Olympo | BA | |
FutureSmart | BA | |
Kolon Films | PMT | |
Betatech | BA | |
2002 | Invensys Sensor Systems | SPS |
Chadwick Helmuth | AT | |
Ultrak | BA | |
Mora Moravia | AT | |
Shanghai Alarm | BA |
Environmental issues
The United States Environmental Protection Agency states that no corporation has been linked to a greater number of Superfund toxic waste sites than Honeywell. In 2007, Honeywell ranked 44th in a list of US corporations most responsible for air pollution, releasing more than 4.25 million kg (9.4 million pounds) of toxins per year into the air. In 2001, Honeywell agreed to pay $150,000 in civil penalties and to perform $772,000 worth of reparations for environmental violations involving:
- failure to prevent or repair leaks of hazardous organic pollutants into the air
- failure to repair or report refrigeration equipment containing chlorofluorocarbons
- inadequate reporting of benzene, ammonia, nitrogen oxide, dichlorodifluoromethane, sulfuric acid, sulfur dioxide, and caprolactam emissions
In 2003, a federal judge in Newark, New Jersey, ordered the company to perform an estimated $400 million environmental remediation of chromium waste, citing "a substantial risk of imminent damage to public health and safety and imminent and severe damage to the environment." In 2003, Honeywell paid $3.6 million to avoid a federal trial regarding its responsibility for trichloroethylene contamination in Lisle, Illinois. In 2004, the State of New York announced that it would require Honeywell to complete an estimated $448 million cleanup of more than 74,000 kg (165,000 lbs) of mercury and other toxic waste dumped into Onondaga Lake in Syracuse, New York, from a former Allied Chemical property.
Honeywell established three water treatment plants by November 2014. The chemicals cleanup site removed 7 tons of mercury. In November 2015, Audubon New York gave the Thomas W. Keesee Jr. Conservation Award to Honeywell for its cleanup efforts in “one of the most ambitious environmental reclamation projects in the United States.” By December 2017, Honeywell completed dredging the lake. Later in December, the Department of Justice filed a settlement requiring Honeywell to pay a separate $9.5 million in damages, as well build 20 restoration projects on the shore to help repair the greater area surrounding the lake.
In 2005, the state of New Jersey sued Honeywell, Occidental Petroleum, and PPG to compel cleanup of more than 100 sites contaminated with chromium, a metal linked to lung cancer, ulcers, and dermatitis. In 2008, the state of Arizona made a settlement with Honeywell to pay a $5 million fine and contribute $1 million to a local air-quality cleanup project, after allegations of breaking water-quality and hazardous-waste laws on hundreds of occasions between 1974 and 2004.
In 2006, Honeywell announced that its decision to stop manufacturing mercury switches had resulted in reductions of more than 11,300 kg (24,900 lb) of mercury, 2,800 kg (6,200 lb) of lead, and 1,500 kg (3,300 lb) of chromic acid usage. The largest reduction represents 5% of mercury use in the United States. The EPA acknowledged Honeywell's leadership in reducing mercury use through a 2006 National Partnership for Environmental Priorities (NPEP) Achievement Award for discontinuing the manufacturing of mercury switches.
![image](https://www.english.nina.az/wikipedia/image/aHR0cHM6Ly93d3cuZW5nbGlzaC5uaW5hLmF6L3dpa2lwZWRpYS9pbWFnZS9hSFIwY0hNNkx5OTFjR3h2WVdRdWQybHJhVzFsWkdsaExtOXlaeTkzYVd0cGNHVmthV0V2WTI5dGJXOXVjeTkwYUhWdFlpODBMelJpTDBoaGNuWmxlVjlEYjNoZkpUSTRNVGszTXlVeU9TNXFjR2N2TWpJd2NIZ3RTR0Z5ZG1WNVgwTnZlRjhsTWpneE9UY3pKVEk1TG1wd1p3PT0uanBn.jpg)
Carbon footprint
Honeywell reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 2,248 Kt (-89 /-3.8% y-o-y). Honeywell aims to reach net zero emissions by 2035.
Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 |
---|---|---|---|---|---|---|
5,760 | 5,262 | 4,218 | 2,584 | 2,528 | 2,337 | 2,248 |
Criticism
On March 10, 2013, The Wall Street Journal reported that Honeywell was one of sixty companies that shielded annual profits from U.S. taxes. In December 2011, the non-partisan organization Public Campaign criticized Honeywell International for spending $18.3 million on lobbying and not paying any taxes during 2008–2010, instead getting $34 million in tax rebates, despite making a profit of $4.9 billion, laying off 968 workers since 2008, and increasing executive pay by 15% to $54.2 million in 2010 for its top five executives.
Honeywell has also been criticized in the past for its manufacture of deadly and maiming weapons, such as cluster bombs.
Allegations of involvement in Gaza
In June 2024, investigative reports from various sources alleged that Honeywell's manufactured components were used in a missile that targeted a school in Gaza. Al Jazeera’s investigation traced the part’s serial numbers back to Honeywell, raising concerns about U.S. involvement in these military operations. This attack resulted in numerous civilian casualties, sparking international condemnation. Honeywell has not provided a detailed response regarding these claims.
See also
- List of Honeywell products and services
- Top 100 US Federal Contractors
Explanatory notes
- Honeywell acquired a 25% stake in FLUX and a 75% stake in a new joint venture focused outside of China.
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Honeywell International Inc is an American publicly traded multinational conglomerate corporation headquartered in Charlotte North Carolina It primarily operates in four areas of business aerospace building automation industrial automation and energy and sustainability solutions ESS Honeywell is a Fortune 500 company ranked 115th in 2023 In 2023 the corporation had a global workforce of approximately 95 000 employees As of 2020 the current chairman and chief executive officer CEO is Vimal Kapur Honeywell International Inc Headquarters in Charlotte North CarolinaCompany typePublicTraded asNasdaq HONNasdaq 100 componentDJIA componentS amp P 100 componentS amp P 500 componentIndustryConglomeratePredecessorHoneywell Inc AlliedSignal Inc Founded1906 119 years ago 1906 in Wabash Indiana U S FounderMark C Honeywell for the Honeywell Inc line HeadquartersCharlotte North Carolina U S Area servedWorldwideKey peopleDarius Adamczyk chairman Vimal Kapur CEO RevenueUS 36 66 billion 2023 Operating incomeUS 7 159 billion 2023 Net incomeUS 5 672 billion 2023 Total assetsUS 61 53 billion 2023 Total equityUS 16 43 billion 2023 Number of employeesc 95 000 2023 SubsidiariesHoneywell Aerospace TechnologiesHoneywell Automation IndiaIntermecRAE SystemsHoneywell UOPTridiumWebsitewww wbr honeywell wbr comFootnotes references The corporation s name Honeywell International Inc is a product of the merger of Honeywell Inc and AlliedSignal in 1999 The corporation headquarters were consolidated with AlliedSignal s headquarters in Morristown New Jersey The combined company chose the name Honeywell because of the considerable brand recognition Honeywell was a component of the Dow Jones Industrial Average index from 1999 to 2008 Prior to 1999 its corporate predecessors were included dating back to 1925 including early entrants in the computing and thermostat industries In 2020 Honeywell rejoined the Dow Jones Industrial Average index In 2021 it moved its stock listing from the New York Stock Exchange to the Nasdaq HistoryThe Butz Thermo Electric Regulator Company was founded in 1885 when the Swiss born Albert Butz invented the damper flapper a thermostat used to control coal furnaces bringing automated heating system regulation into homes In 1886 he founded the Butz Thermo Electric Regulator Company In 1888 after a falling out with his investors Butz left the company and transferred the patents to the legal firm Paul Sanford and Merwin who renamed the company the Consolidated Temperature Controlling Company As the years passed CTCC struggled with debt and the company underwent several name changes After it was renamed the Electric Heat Regulator Company in 1893 W R Sweatt a stockholder in the company was sold an extensive list of patents and named secretary treasurer 22 By 1900 Sweatt had bought out the remaining shares of the company from the other stockholders 1906 Honeywell Heating Specialty Company founded In 1906 Mark Honeywell founded the Honeywell Heating Specialty Company in Wabash Indiana to manufacture and market his invention the mercury seal generator The Honeywell 516 later used as the Interface Message Processor1922 1934 Mergers and acquisitions As Honeywell s company grew thanks in part to the acquisition of Jewell Manufacturing Company in 1922 to better automate his heating system it began to clash with the Electric Heat Regulator Company now renamed Minneapolis Heat Regulator Company In 1927 this led to the merging of both companies into the publicly held Minneapolis Honeywell Regulator Company Honeywell was named the company s first president alongside W R Sweatt as its first chairman In 1929 combined assets were valued at over 3 5 million with less than 1 million in liabilities just months before Black Monday 49 In 1931 Minneapolis Honeywell began a period of expansion and acquisition when they purchased the Time O Stat Controls Company giving the company access to a greater number of patents for their controls systems W R Sweatt and his son Harold provided 75 years of uninterrupted leadership for the company W R Sweatt survived rough spots and turned an innovative idea thermostatic heating control into a thriving business 1934 1941 International growth Harold took over in 1934 leading Honeywell through a period of growth and global expansion that set the stage for Honeywell to become a global technology leader The merger into the Minneapolis Honeywell Regulator Company proved to be a saving grace for the corporation 1934 marked Minneapolis Honeywell s first foray into the international market when they acquired the Brown Instrument Company and inherited their relationship with the Yamatake Company of Tokyo a Japan based distributor 51 Later in 1934 Minneapolis Honeywell started distributorships across Canada as well as one in the Netherlands their first European office This expansion into international markets continued in 1936 with their first distributorship in London as well as their first foreign assembly facility being established in Canada By 1937 ten years after the merger Minneapolis Honeywell had over 3 000 employees with 16 million in annual revenue World War II With the outbreak of World War II Minneapolis Honeywell was approached by the US military for engineering and manufacturing projects In 1941 Minneapolis Honeywell developed a superior tank periscope camera stabilizers and the C 1 autopilot A World War II era Honeywell C 1 autopilot control panel The C 1 revolutionized precision bombing and was ultimately used on the two B 29 bombers that dropped atomic bombs on Japan in 1945 The success of these projects led Minneapolis Honeywell to open an Aero division in Chicago on October 5 1942 73 This division was responsible for the development of the formation stick to control autopilots more accurate fuel quantity indicators for aircraft and the turbo supercharger 79 In 1950 Minneapolis Honeywell s Aero division was contracted for the controls on the first US nuclear submarine USS Nautilus 88 In 1951 the company acquired Intervox Company for their sonar ultrasonic and telemetry technologies Honeywell also helped develop and manufacture the RUR 5 ASROC for the US Navy 1950 1970s In 1953 in cooperation with the USAF Wright Air Development Center Honeywell developed an automated control unit that could control an aircraft through various stages of a flight from taxiing to takeoff to the point where the aircraft neared its destination and the pilot took over for landing Called the Automatic Master Sequence Selector the onboard control operated similarly to a player piano to relay instructions to the aircraft s autopilot at certain way points during the flight significantly reducing the pilot s workload Technologically this effort had parallels to contemporary efforts in missile guidance and numerical control Honeywell also developed the Wagtail missile with the USAF A Honeywell Pentax Spotmatic From the 1950s until the mid 1970s Honeywell was the United States importer of Japanese company Asahi Optical s Pentax cameras and photographic equipment 153 These products were labeled Heiland Pentax and Honeywell Pentax in the U S In 1953 Honeywell introduced their most famous product the T 86 Round thermostat 110 A Honeywell thermostat In 1961 James H Binger became Honeywell s president and in 1965 its chairman Binger revamped the company sales approach placing emphasis on profits rather than on volume He stepped up the company s international expansion it had six plants producing 12 of the company s revenue He officially changed the company s corporate name from Minneapolis Honeywell Regulator Co to Honeywell to better represent their colloquial name Throughout the 1960s Honeywell continued to acquire other businesses including Security Burglar Alarm Company in 1969 130 In the 1970s after one member of a group called FREE on the Minneapolis campus U of M of the University of Minnesota asked five major companies with local offices to explain their attitudes toward gay men and women three responded quickly insisting that they did not discriminate against gay people in their hiring policies Only Honeywell objected to hiring gay people Later in the 1970s when faced with a denial of access to students Honeywell quietly reversed its hiring policy The beginning of the 1970s saw Honeywell focus on process controls with Honeywell merging their computer operations with GE s information systems in 1970 and later acquiring GE s process control business 122 With the acquisition Honeywell took over responsibility for GE s ongoing Multics operating system project The design and features of Multics greatly influenced the Unix operating system Multics influenced many of the features of Honeywell GE s GECOS and GCOS8 General Comprehensive Operating System operating systems Honeywell Groupe Bull and Control Data Corporation formed a joint venture in Magnetic Peripherals Inc which became a major player in the hard disk drive market 124 Honeywell was the worldwide leader in 14 inch disk drive technology in the OEM marketplace in the 1970s and early 1980s especially with its SMD Storage Module Drive and CMD Cartridge Module Drive In the second half of the 1970s Honeywell started to look to international markets again acquiring the French Compagnie Internationale pour l Informatique in 1976 124 In 1984 Honeywell formed Honeywell High Tech Trading to lease their foreign marketing and distribution to other companies abroad in order to establish a better position in those markets 147 Under Binger s stewardship from 1961 to 1978 he expanded the company into such fields as defense aerospace and computing During and after the Vietnam Era Honeywell s defense division produced a number of products including cluster bombs missile guidance systems napalm and land mines Minnesota Honeywell Corporation completed flight tests on an inertia guidance sub system for the X 20 project at Eglin Air Force Base Florida utilizing an NF 101B Voodoo by August 1963 The X 20 project was canceled in December 1963 The Honeywell project founded in 1968 organized protests against the company to persuade it to abandon weapons production In 1980 Honeywell bought Incoterm Corporation to compete in both the airline reservations system networks and bank teller markets Honeywell Information Systems A 1990 Honeywell Bull Entry Level Mainframe DPS 7 mainframe In April 1955 Minneapolis Honeywell started a joint venture with Raytheon called Datamatic to enter the computer market and compete with IBM 118 In 1957 their first computer the DATAmatic 1000 was sold and installed In 1960 just five years after embarking on this venture with Raytheon Minneapolis Honeywell bought Raytheon s interest in Datamatic and turned it into the Electronic Data Processing division later Honeywell Information Systems HIS of Minneapolis Honeywell 118 Honeywell purchased minicomputer pioneer Computer Control Corporation 3C s in 1966 renaming it as Honeywell s Computer Control Division Through most of the 1960s Honeywell was one of the Snow White and the Seven Dwarfs of computing IBM was Snow White while the dwarfs were the seven significantly smaller computer companies Burroughs Control Data Corporation General Electric Honeywell NCR RCA and UNIVAC Later when their number had been reduced to five they were known as The BUNCH after their initials Burroughs UNIVAC NCR Control Data Corporation and Honeywell In 1970 Honeywell acquired GE s computer business rebadging General Electric s 600 series mainframes to Honeywell 6000 series computers supporting GCOS Multics and CP 6 while forming Honeywell Information Systems In 1973 they shipped a high speed non impact printer called the Honeywell Page Printing System In 1975 it purchased Xerox Data Systems whose Sigma computers had a small but loyal customer base Some of Honeywell s systems were minicomputers such as their Series 60 Model 6 and Model 62 and their Honeywell 200 The latter was an attempt to penetrate the IBM 1401 market In 1987 HIS merged with Groupe Bull a global joint venture with Compagnie des Machines Bull of France and NEC Corporation of Japan to become Honeywell Bull In 1988 Honeywell Bull was consolidated into Groupe Bull and in 1989 renamed to Bull a Worldwide Information Systems Company By 1991 Honeywell was no longer involved in the computer business 1985 1999 integrations Aerospace and defense 1986 marked a new direction for Honeywell beginning with the acquisition of the Sperry Aerospace Group from the Unisys Corporation In 1990 Honeywell spun off their Defense and Marine Systems business into Alliant Techsystems as well as their Test Instruments division and Signal Analysis Center to streamline the company s focus Honeywell continues to supply aerospace products including electronic guidance systems cockpit instrumentation lighting and primary propulsion and secondary power turbine engines In 1996 Honeywell acquired Duracraft and began marketing its products in the home comfort sector Honeywell is in the consortium that runs the Pantex Plant that assembles all of the nuclear bombs in the United States arsenal Honeywell Federal Manufacturing amp Technologies successor to the defense products of AlliedSignal operates the Kansas City Plant which produces and assembles 85 percent of the non nuclear components of the bombs Home and building controls Honeywell began the SmartHouse project to combine heating cooling security lighting and appliances into one easily controlled system They continued the trend in 1987 by releasing new security systems and fire and radon detectors In 1992 in another streamlining effort Honeywell combined their Residential Controls Commercial Systems and Protections Services divisions into Home and Building Control which then acquired the Enviracare air cleaner business 183 By 1995 Honeywell had condensed into three divisions Space and Aviation Control Home and Building Control and Industrial Control Industrial control Honeywell dissolved its partnership with Yamatake Company and consolidated its Process Control Products Division Process Management System Division and Micro Switch Division into one Industrial Control Group in 1998 citation needed It has further acquired Measurex System and Leeds amp Northrup to strengthen its portfolio in 1997 1999 2002 merger takeovers AlliedSignal and Pittway On June 7 1999 Honeywell was acquired by AlliedSignal who elected to retain the Honeywell name for its brand recognition The former Honeywell moved their headquarters of 114 years to AlliedSignal s in Morristown New Jersey While technically the deal looks more like an acquisition than a merger from a strategic standpoint it is a merger of equals AlliedSignal s 1998 revenue was reported at 15 1 billion to Honeywell s 8 4 billion but together the companies share huge business interests in aerospace chemical products automotive parts and building controls The corporate headquarters were consolidated to AlliedSignal s headquarters in Morristown New Jersey rather than Honeywell s former headquarters in Minneapolis Minnesota When Honeywell closed its corporate headquarters in Minneapolis over one thousand employees lost their jobs A few moved to Morristown or other company locations but the majority were forced to find new jobs or retire Soon after the merger the company s stock fell significantly and did not return to its pre merger level until 2007 In 2000 the new Honeywell acquired Pittway for 2 2 billion to gain a greater share of the fire protection and security systems market and merged it into their Home and Building Control division taking on Pittway s 167 million in debt Analyst David Jarrett commented that while Honeywell offered a hefty premium it s still getting Pittway for a bargain at 45 50 per share despite closing at 29 the week before Pittway s Ademco products complemented Honeywell s existing unified controls systems General Electric Company In October 2000 Honeywell then valued at over 21 billion accepted a takeover bid from then CEO Jack Welch of General Electric The American Department of Justice cleared the merger while GE teams swooped down on Honeywell and GE executives took over budget planning and employee reviews However on July 3 2001 the European Commission s competition commissioner Mario Monti blocked the move This decision was taken on the grounds that with GE s dominance of the large jet engine market led by the General Electric CF34 turbofan engine its leasing services GECAS and Honeywell s portfolio of regional jet engines and avionics the new company would be able to bundle products and stifle competition through the creation of a horizontal monopoly US regulators disagreed finding that the merger would improve competition and reduce prices United States Assistant Attorney General Charles James called the EU s decision antithetical to the goals of antitrust law enforcement This led to a drop in morale and general tumult throughout Honeywell citation needed The then CEO Michael Bonsignore was fired as Honeywell looked to turn their business around 2002 2014 acquisitions and further expansion A Honeywell glass cockpit sold under the brand BendixKing In January 2002 Knorr Bremse who had been operating in a joint venture with Honeywell International Inc assumed full ownership of its ventures in Europe Brazil and the USA Bendix Commercial Vehicle Systems became a subsidiary of Knorr Bremse AG In February 2002 Honeywell s board appointed their next CEO and chairman David M Cote Since 2002 Honeywell has made more than 80 acquisitions and 60 divestures and increasing its labor force to 131 000 as a result of these acquisitions citation needed Honeywell s stock nearly tripled from 35 23 in April 2002 to 99 39 in January 2015 Honeywell made a 1 2bn 2 3bn bid for Novar plc in December 2004 The acquisition was finalized in March 2005 In October 2005 Honeywell bought out Dow s 50 stake in UOP for 825 million giving them complete control over the joint venture in petrochemical and refining technology In May 2010 Honeywell outbid UK based Cinven and acquired the French company Sperian Protection for 1 4 billion which was then incorporated into its automation and controls safety unit 2015 present In 2015 the headquarters were moved to Morris Plains New Jersey The headquarters in Morris Plains included a 475 000 square foot building on 40 acres In December 2015 Honeywell acquired Elster for US 5 1B entering the space of gas electricity and water meters with a specific focus on smart meters Honeywell International Inc then acquired the 30 stake in UOP Russell LLC it didn t own already for roughly 240 million in January 2016 In April 2016 Honeywell acquired Xtralis a provider of aspirating smoke detection perimeter security technologies and video analytics software for 480 million from funds advised by Pacific Equity Partners and Blum Capital Partners In May 2016 Honeywell International Inc settled its patent dispute regarding Google subsidiary Nest Labs whose thermostats Honeywell claimed infringed on several of its patents Google parent Alphabet Inc and Honeywell said they reached a patent cross license agreement that fully resolves the long standing dispute Honeywell sued Nest Labs in 2012 In 2017 Honeywell opened a new software center in Atlanta Georgia David Cote stepped down as CEO on April 1 2017 and was succeeded by Darius Adamczyk who had been promoted to president and chief operating officer COO in 2016 Cote served as executive chairman until April 2018 In October 2017 Honeywell announced plans to spin off its Homes ADI Global Distribution and Transportation Systems businesses into two separate publicly traded companies by the end of 2018 In 2018 Honeywell spun off both Honeywell Turbo Technologies now Garrett Advancing Motion and its consumer products business Resideo Both companies are publicly traded on the New York Stock Exchange For the fiscal year 2019 Honeywell reported net income of US 6 230 billion with an annual revenue of US 36 709 billion a decrease of 19 11 over the previous fiscal cycle Honeywell s market capitalization was valued at over US 113 25 billion in September 2020 Honeywell relocated its corporate headquarters in October 2019 to Charlotte North Carolina In July 2019 Honeywell moved employees into a temporary headquarters building in Charlotte before their new building was complete In 2020 Honeywell Forge launched as an analytics platform software for industrial and commercial applications such as aircraft building industrial worker and cyber security In collaboration with Carnegie Mellon University National Robotics Engineering Center the Honeywell Robotics was created in Pittsburgh to focus on supply chain transformation The Honeywell robotic unloader grabs packages in tractor trailers then places them on conveyor belts for handlers to sort In May 2019 GoDirect Trade launched as an online marketplace for surplus aircraft parts such as engines electronics and APU parts In March 2020 Honeywell announced that its quantum computer is based on trapped ions Its expected quantum volume is at least 64 which Honeywell s CEO called the world s most powerful quantum computer In November 2021 Honeywell announced the spinoff of its quantum division into a separate company named Quantinuum In March 2023 Honeywell announced Vimal Kapur as its next CEO effective June 1 2023 In December 2023 Honeywell acquired Carrier Global s security business for nearly 5 billion to boost its automation portfolio In February 2024 Honeywell filed a lawsuit against Lone Star Aerospace Inc alleging that their software products infringe on five patents On October 1 2024 Honeywell partnered with Google to integrate data with generative AI with an aim to streamline autonomous operations for its customers COVID 19 pandemic In response to the COVID 19 pandemic Honeywell converted some of its manufacturing facilities in Rhode Island Arizona Michigan and Germany to produce supplies of personal protective equipment for healthcare workers In April 2020 Honeywell began production of N95 masks at the company s factories in Smithfield and Phoenix aiming to produce 20 million masks a month Honeywell s facilities in Muskegon and Germany were converted to produce hand sanitiser for government agencies Several state governments contracted Honeywell to produce N95 particulate filtering face masks during the pandemic The North Carolina Task Force for Emergency Repurposing of Manufacturing TFERM awarded Honeywell a contract for the monthly delivery of 100 000 N95 masks In April 2020 Los Angeles Mayor Eric Garcetti announced a deal with Honeywell to produce 24 million N95 masks to distribute to healthcare workers and first responders In May 2020 United States President Donald Trump visited the Honeywell Aerospace Technologies facility in Phoenix where he acknowledged the incredibly patriotic and hard working men and women of Honeywell for making N95 masks and referred to the company s production as a miraculous achievement In April 2021 Will i am and Honeywell collaborated on Xupermask a mask made of silicon and athletic mesh fabric that has LED lights 3 speed fans and noise canceling headphones in the mask In November 2024 Honeywell announced its intention to sell its personal protective equipment business to Protective Industrial Products for almost 1 33 billion in cash The sale of this PPE business is expected to close by the first half of 2025 After the divestment of PPE business the company is planning to retain its gas detection portfolio Business groupsHoneywell House Innoteknia in Kuopio Science Park in Kuopio FinlandA Honeywell wireless home alarm system control panelA Honeywell digital compass sensor mounted on a circuit board The company operates four business groups Honeywell Aerospace Technologies Building Automation Safety and Productivity Solutions SPS and Performance Materials and Technologies PMT Business units within the company are as follows Honeywell Aerospace Technologies provides avionics aircraft engines flight management systems and service solutions to manufacturers airlines airport operations militaries and space programs It comprises Commercial Aviation Defense amp Space and Business amp General Aviation In January 2014 Honeywell Aerospace Technologies launched its SmartPath Precision Landing System at Malaga Costa del Sol Airport in Spain which augments GPS signals to make them suitable for precision approach and landing before broadcasting the data to approaching aircraft In July 2014 Honeywell s Transportation Systems merged with the Aerospace division due to similarities between the businesses In April 2018 Honeywell announced to develop laser communication products for satellite communication in collaboration with Ball Aerospace and plans future volume production In June 2018 Honeywell spun off and rebranded its Transportation Systems as Garrett Building Automation and Honeywell Safety and Productivity Solutions were created when Automation and Control Solutions was split into two in July 2016 Building Automation comprises Honeywell Building Solutions Environmental and Energy Solutions and Honeywell Security and Fire In December 2017 Honeywell announced that it had acquired SCAME an Italy based company to add new fire and gas safety capabilities to its portfolio Honeywell Safety and Productivity Solutions comprises Scanning amp Mobility Sensing and Internet of Things and Industrial safety Honeywell Performance Materials and Technologies comprises six business units Honeywell UOP Honeywell Process Solutions Fluorine Products Electronic Materials Resins amp Chemicals and Specialty Materials Products include process technology for oil and gas processing fuels films and additives special chemicals electronic materials and renewable transport fuels Corporate governanceHoneywell s current chief executive officer is Vimal Kapur As of June 2023 update the members of the board are Vimal Kapur Chief executive officerDarius Adamczyk ChairmanDuncan B Angove Chief Executive Officer of Arcspring LLCWilliam S Ayer Retired chairman of the board and chief executive officer of Alaska Air GroupKevin Burke Non executive chairman of Consolidated Edison Inc Con Edison Deborah Flint President and chief executive officer of the Greater Toronto Airports Authority GTAA D Scott Davis Chairman and chief executive officer of United Parcel Service Inc UPS Rose Lee President and CEO Cornerstone Buildings BrandsGrace D Lieblein Vice president of global purchasing and supply chain of General Motors Corporation GM Robin L Washington Executive vice president and chief financial officer of Gilead Sciences Inc Robin Watson CBE Former chief executive officer of Wood PlcAcquisitions since 2002Honeywell s acquisitions have consisted largely of businesses aligned with the company s existing technologies The acquired companies are integrated into one of Honeywell s four business groups Aerospace Technologies AT Building Automation BA Safety and Productivity Solutions SPS or Performance Materials and Technologies PMT but retain their original brand name Year Acquisition Business Group2023 LenelS2 Supra Onity BA2021 Sparta Systems PMT2020 Sine Group BABallard Unmanned Systems AT2019 Tru Trak Flight Systems ATRebellion Photonics SPS2018 Transnorm SPS2017 Nextnine PMTSCAME Sistemi BAFLUX SPS2016 Com Dev ATRSI BAIntelligrated SPSXtralis BAMovilizer SPSUOP Russell LLC PMT2015 Seelze PMTElster PMTAviaso ATDatamax O Neil SPS2013 Saia Burgess Controls BAIntermec SPSRAE Systems SPS2012 Fire Sentry BAInnCom BAThomas Russell LLC PMT2011 EMS SPS ATIris Systems BAKings Safety Shoes SPS2010 Akuacom BAMatrikon PMTE Mon BASperian SPS2009 RMG PMTCythos SPS2008 AV Digital Audio Videotechnik GmbH BAEnergy Services Group LLC PMTMetrologic SPSIAC ATCallidus PMTNorcross SPS2007 Plant Automation Systems Inc PAS PMTDimensions Int l ATActiveEye SPSBurtek PMTEx Or BAEnraf Holdings B V SPSHandheld Products SPSMaxon Corporation PMT2006 Sempra Energy Services PMTFirst Technology SPSGardiner Group BA2005 Honeywell UOP PMTNovar Controls BAZellweger SPSLebow SPSFriedland BAInterCorr International Inc SPSTridium Inc BA2004 Hymatic Group ATGenesis Cable BAHomMed LLC SPSAube Technologies BAVindicator BAElectro Radiation Incorporated ERI ATEdgelinx BAGEM Microelectronics PMT2003 Silent Witness BASensotec SPSBaker Electronics ATGamewell BAOlympo BAFutureSmart BAKolon Films PMTBetatech BA2002 Invensys Sensor Systems SPSChadwick Helmuth ATUltrak BAMora Moravia ATShanghai Alarm BAEnvironmental issuesThe United States Environmental Protection Agency states that no corporation has been linked to a greater number of Superfund toxic waste sites than Honeywell In 2007 Honeywell ranked 44th in a list of US corporations most responsible for air pollution releasing more than 4 25 million kg 9 4 million pounds of toxins per year into the air In 2001 Honeywell agreed to pay 150 000 in civil penalties and to perform 772 000 worth of reparations for environmental violations involving failure to prevent or repair leaks of hazardous organic pollutants into the air failure to repair or report refrigeration equipment containing chlorofluorocarbons inadequate reporting of benzene ammonia nitrogen oxide dichlorodifluoromethane sulfuric acid sulfur dioxide and caprolactam emissions In 2003 a federal judge in Newark New Jersey ordered the company to perform an estimated 400 million environmental remediation of chromium waste citing a substantial risk of imminent damage to public health and safety and imminent and severe damage to the environment In 2003 Honeywell paid 3 6 million to avoid a federal trial regarding its responsibility for trichloroethylene contamination in Lisle Illinois In 2004 the State of New York announced that it would require Honeywell to complete an estimated 448 million cleanup of more than 74 000 kg 165 000 lbs of mercury and other toxic waste dumped into Onondaga Lake in Syracuse New York from a former Allied Chemical property Honeywell established three water treatment plants by November 2014 The chemicals cleanup site removed 7 tons of mercury In November 2015 Audubon New York gave the Thomas W Keesee Jr Conservation Award to Honeywell for its cleanup efforts in one of the most ambitious environmental reclamation projects in the United States By December 2017 Honeywell completed dredging the lake Later in December the Department of Justice filed a settlement requiring Honeywell to pay a separate 9 5 million in damages as well build 20 restoration projects on the shore to help repair the greater area surrounding the lake In 2005 the state of New Jersey sued Honeywell Occidental Petroleum and PPG to compel cleanup of more than 100 sites contaminated with chromium a metal linked to lung cancer ulcers and dermatitis In 2008 the state of Arizona made a settlement with Honeywell to pay a 5 million fine and contribute 1 million to a local air quality cleanup project after allegations of breaking water quality and hazardous waste laws on hundreds of occasions between 1974 and 2004 In 2006 Honeywell announced that its decision to stop manufacturing mercury switches had resulted in reductions of more than 11 300 kg 24 900 lb of mercury 2 800 kg 6 200 lb of lead and 1 500 kg 3 300 lb of chromic acid usage The largest reduction represents 5 of mercury use in the United States The EPA acknowledged Honeywell s leadership in reducing mercury use through a 2006 National Partnership for Environmental Priorities NPEP Achievement Award for discontinuing the manufacturing of mercury switches Harvey Cox holding a Honeywell fragmentation bomb 1973Carbon footprint Honeywell reported Total CO2e emissions Direct Indirect for the twelve months ending 31 December 2020 at 2 248 Kt 89 3 8 y o y Honeywell aims to reach net zero emissions by 2035 Honeywell s annual total CO2e Emissions Location Based Scope 1 Scope 2 in kilotonnes Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 20205 760 5 262 4 218 2 584 2 528 2 337 2 248CriticismOn March 10 2013 The Wall Street Journal reported that Honeywell was one of sixty companies that shielded annual profits from U S taxes In December 2011 the non partisan organization Public Campaign criticized Honeywell International for spending 18 3 million on lobbying and not paying any taxes during 2008 2010 instead getting 34 million in tax rebates despite making a profit of 4 9 billion laying off 968 workers since 2008 and increasing executive pay by 15 to 54 2 million in 2010 for its top five executives Honeywell has also been criticized in the past for its manufacture of deadly and maiming weapons such as cluster bombs Allegations of involvement in Gaza In June 2024 investigative reports from various sources alleged that Honeywell s manufactured components were used in a missile that targeted a school in Gaza Al Jazeera s investigation traced the part s serial numbers back to Honeywell raising concerns about U S involvement in these military operations This attack resulted in numerous civilian casualties sparking international condemnation Honeywell has not provided a detailed response regarding these claims See alsoCompanies portalList of Honeywell products and services Top 100 US Federal ContractorsExplanatory notesHoneywell acquired a 25 stake in FLUX and a 75 stake in a new joint venture focused outside of China References Honeywell International Inc 2023 Annual Report Form 10 K U S Securities and Exchange Commission February 16 2024 About Us Honeywell Archived from the original on March 3 2020 Retrieved March 2 2020 Honeywell International Fortune Archived from the original on September 26 2021 Retrieved July 12 2023 Honeywell Number of Employees 2006 2021 www macrotrends net Archived from the original on November 10 2021 Retrieved November 10 2021 Leadership Honeywell Archived from the original on March 8 2020 Retrieved March 2 2020 Deutsch Claudia H Holson Laura M June 7 1999 Allied Signal and Honeywell to Announce Merger Today The New York Times Archived from the original on June 30 2017 Retrieved February 16 2017 Dow Jones Industrial Average History Global Financial Data Archived from the original on April 21 2006 Goldman David February 11 2008 Dow industrials Add Bank of America Chevron CNN Archived from the original on May 14 2012 Retrieved February 28 2020 Honeywell CEO Darius Adamczyk on rejoining the Dow CNBC September 10 2020 Archived from the original on October 26 2020 Retrieved November 6 2020 Root Al April 30 2020 Honeywell Just Dumped the New York Stock Exchange for the Nasdaq Here s Why Barron s Archived from the original on May 12 2021 Retrieved May 12 2021 Votteler Thom ed 2003 International Directory of Company Histories 50 ed Detroit St James Press pp 231 235 Archived from the original on June 25 2022 Retrieved January 13 2015 Rodengen Jeffrey L 1995 The Legend of Honeywell Write Stuff Syndicate ISBN 978 0 945903 25 3 Keeping temps just right the Minneapolis developed thermostat December 3 2012 Reilly Edwin D 2003 Milestones in Computer Science and Information Technology illustrated Publisher Greenwood Publishing Group p 122 ISBN 9781573565219 Holohan Dan June 18 2014 Honeywell Heat Generator HeatingHelp com Archived from the original on June 14 2022 Retrieved June 14 2022 Honeywell official history site Honeywell com Archived from the original on September 27 2011 Retrieved September 13 2011 Punched Tape Controls Aircraft In Flight Archived May 9 2013 at the Wayback Machine Popular Mechanics May 1953 p 89 Bruce Johasen Out of Silence Minnesota History Spring 2019 189 Halfhill steered the group through the administrative channels needed to establish FREE as a student group Neal R Peirce The Great Plains States of America People Politics and Power in the Nine Great Plains States George J McLeod 1973 145 available online accessed February 7 2014 Anon Three big companies say they hire Gays The Advocate 30 September 1970 Sources Michael McConnell Files Full Equality a diary volumes 1a d Tretter Collection in GLBT Studies U of M Libraries Letter to FREE from Vice President Gerry E Morse Honeywell Inc 29 June 1970 We would not employ a known homosexual Lars Bjornson A quiet win Honeywell yields The Advocate 10 April 1974 13 Fiery Crash of Drone Plane Kills Two Injures One Four Firemen Overcome In Wake Of Blaze Playground Daily News Fort Walton Beach Florida Volume 16 Number 271 August 20 1963 p 1 State ex rel Pillsbury v Honeywell Inc Minnesota Supreme Court 1971 1 Archived January 5 2016 at the Wayback Machine Ceruzzi Paul E 2003 A history of modern computing MIT Press p 143 ISBN 9780262532037 Retrieved May 13 2010 By the 1970s General Electric and RCA had left the business or DeBUNCH with Digital Equipment Corporation DEC as the industry s 2 Oral History of John William Bill Poduska Sr PDF Archived PDF from the original on July 21 2021 Retrieved July 14 2021 https www starringthecomputer com computer html c 227 https www bitsavers org pdf honeywell datapro 70C 480 11 7209 Honeywell Series 6000 pdf Archived January 19 2024 at the Wayback Machine https www feb patrimoine com english gecos to gcos8 part 2 htm Archived July 4 2023 at the Wayback Machine https ana 3 lcs mit edu jnc tech multics MulticsPanels html Archived October 30 2023 at the Wayback Machine https testbook com question answer which of the following is a 3rd generation compute 633ad796c2427a3984045078 https www timetoast com timelines 3 generation 1964 1971 Honeywell to Begin Selling A Smaller Computer in U S The New York Times April 24 1975 Archived from the original on July 14 2021 Retrieved July 14 2021 Honeywell Accord The New York Times July 19 1983 Archived from the original on July 14 2021 Retrieved July 14 2021 A Strong New Name in Global Computing PDF www 1000bit it Archived PDF from the original on March 8 2022 Retrieved December 6 2021 Our History Honeywell Honeywell Inc Archived from the original on March 6 2019 Retrieved March 5 2019 David E Sanger September 25 1986 Honeywell Retreat From Computers The New York Times Archived from the original on July 14 2021 Retrieved July 14 2021 Phillips Stephen November 15 1986 HONEYWELL TO BUY SPERRY AEROSPACE The New York Times Archived from the original on May 27 2021 Retrieved May 26 2021 COMPANY NEWS Honeywell Backs Spinoff of Unit The New York Times September 29 1990 Archived from the original on May 17 2018 Retrieved May 16 2018 Company News honeywell to Buy Duracraft for 283 Million The New York Times February 13 1996 ISSN 0362 4331 Archived from the original on January 28 2018 Retrieved May 16 2018 The U S Nuclear Weapons Complex Major Facilities Union of Concerned Scientists Archived from the original on May 17 2018 Retrieved May 16 2018 Pantex Defense Nuclear Facilities Safety Board dnfsb gov Archived from the original on November 17 2018 Retrieved November 17 2018 KC Council gets 673 million plan to replace Honeywell plant Kansas City Star January 7 2010 Archived from the original on January 14 2010 Retrieved January 13 2010 WorldKings Wowtimes Almanac Events amp Achievements 2023 Honeywell International Inc s breakthroughs in 117 years of world industry development 1906 Worldkings World Records Union Retrieved April 9 2024 Archives L A Times January 28 1997 Honeywell to Buy Measurex Los Angeles Times Retrieved April 2 2024 Grant Tina ed 2000 International Directory of Company Histories Vol 33 Detroit St James pp 334 337 Archived from the original on June 29 2017 Retrieved January 14 2015 Van Jon December 21 1999 Pittway Shares Leap On News Of Honeywell Deal Archived from the original on January 5 2016 Retrieved December 29 2015 GE Honeywell Engine failure The Economist July 5 2001 Archived from the original on January 5 2016 Retrieved December 29 2015 Elliott Michael July 8 2001 The Anatomy of the GE Honeywell Disaster TIME Archived from the original on January 5 2016 Retrieved December 29 2015 Charles James International Antitrust in the Bush Administration Archived August 13 2007 at the Wayback Machine September 21 2001 Honeywell in Russia Archived from the original on December 15 2013 Retrieved July 18 2013 Elliott Michael July 8 2001 The Anatomy of the GE Honeywell Disaster TIME Honeywell 2015 Fact Sheet Archived from the original on January 5 2016 Retrieved December 29 2015 Honeywell 2015 Fact Sheet Archived from the original on January 5 2016 Retrieved December 29 2015 Honeywell International Inc Wall Street Journal Archived from the original on March 10 2015 Retrieved January 22 2015 December 13 2004 BBC News December 13 2004 Archived from the original on June 25 2022 Retrieved September 13 2011 The offer was 798m or 1 85 per share for each Novar share with another 331m for preference shares and debt Honeywell Completes Acquisition of Novar plc Final Clearance from European Commission Confirmed Business Wire March 31 2005 Findarticles com March 31 2005 Archived from the original on December 23 2008 Retrieved September 13 2011 Tullo Alexander October 10 2005 Honeywell Buying Dow Share of UOP Chemical amp Engineering News American Chemical Society Archived from the original on January 5 2016 Retrieved October 7 2014 Korn Melissa May 20 2010 Honeywell to Buy Sperian for 1 4 Billion online wsj com The Wall Street Journal Archived from the original on May 28 2020 Retrieved October 8 2014 Tom Bergeron NJBiz Honeywell opens truly awesome building in Morris Plains Archived May 10 2017 at the Wayback Machine November 16 2015 Retrieved May 17 2017 Honeywell Expects Acquisition Of Elster To Close In 2015 PR Newswire December 22 2015 Tess Stynes The Wall Street Journal Honeywell Buys Remaining UOP Russell Stake for 240 Million Archived July 5 2017 at the Wayback Machine Jan 6 2016 Jan 8 2016 Street Insider Honeywell HON Announces Completion of 480M Xtralis Acquisition Archived April 6 2016 at the Wayback Machine April 1 2016 April 1 2016 Joshua Jamerson The Wall Street Journal Honeywell Google Settle Lawsuit Over Nest Labs Thermostat Archived January 17 2017 at the Wayback Machine May 6 2016 May 9 2016 Trubey J Scott September 12 2016 Honeywell announces division HQ software center in Atlanta The Atlanta Journal Constitution Archived from the original on March 9 2018 Retrieved December 29 2017 Mann Ted June 28 2016 Honeywell CEO Cote to Step Down in March The Wall Street Journal Archived from the original on April 30 2017 Retrieved May 18 2017 PR Newswire Honeywell Announces Planned Portfolio Changes Archived December 1 2017 at the Wayback Machine October 10 2017 Events UKi Media amp June 21 2018 Honeywell transportation systems business spin off named Garrett ETI Engine Technology International Archived from the original on November 14 2019 Retrieved November 14 2019 Al Muslim Aisha September 12 2018 Resideo Names CFO Board Ahead of Spinoff From Honeywell Wall Street Journal Archived from the original on August 14 2019 Retrieved November 14 2019 Honeywell Market cap 2006 2019 HON macrotrends net Archived from the original on October 1 2019 Retrieved October 30 2018 Honeywell stock price history 2006 2019 HON macrotrends net Archived from the original on January 2 2020 Retrieved October 30 2018 Honeywell International Inc 2018 Annual Report Form 10 K Filing Date Feb 8 2019 Honeywell com Archived from the original on February 9 2021 Retrieved September 9 2019 Honeywell Financial Statements 2005 2019 HON macrotrends net Archived from the original on October 1 2019 Retrieved October 30 2018 A sign of a growing city Honeywell CEO is bullish on Charlotte new jobs Charlotte Observer August 27 2019 Archived from the original on August 27 2019 Retrieved August 27 2019 Honeywell Forge Analytics Platform Begins Moving into the Markets eWEEK March 21 2020 Retrieved August 3 2020 Honeywell Robotics hub will focus on warehouse automation Supply Chain Dive Archived from the original on August 10 2020 Retrieved August 3 2020 Robots edge closer to unloading trucks in Amazon era milestone Los Angeles Times May 6 2019 Archived from the original on November 8 2020 Retrieved August 3 2020 Shah Agam May 28 2019 Honeywell Brings Blockchain to Used Aircraft Parts Market The Wall Street Journal ISSN 0099 9660 Archived from the original on October 1 2020 Retrieved August 3 2020 Castellanos Sara March 3 2020 Honeywell to Roll Out Quantum Computer The Wall Street Journal ISSN 0099 9660 Archived from the original on March 3 2020 Retrieved August 3 2020 Lardinois Frederic March 3 2020 Honeywell says it will soon launch the world s most powerful quantum computer TechCrunch com Archived from the original on March 3 2020 Retrieved March 3 2020 Introducing Quantinuum The World s Largest Integrated Quantum Computing Company finance yahoo com November 30 2021 Archived from the original on December 1 2021 Retrieved December 1 2021 Shankland Stephen November 30 2021 Quantum computing heavyweight arrives as merger creates Quantinuum www msn com Archived from the original on December 1 2021 Retrieved December 1 2021 Honeywell names new CEO wcnc com March 14 2023 Retrieved April 2 2023 Honeywell Buys Carrier s Security Business for Nearly 5B Boosting Automation Portfolio Carrier Global NYSE CARR Honeywell Intl NASDAQ HON Benzinga Retrieved December 8 2023 Castle Lauren February 26 2024 Honeywell Hits Aerospace Company With Patent Suit Over Software Bloomberg Law Retrieved February 27 2024 Honeywell partners with Google to integrate data with generative AI Reuters October 21 2024 Kilgore Tomi April 17 2020 Honeywell s Rhode Island facility has started producing N95 face masks MarketWatch Archived from the original on June 3 2020 Retrieved July 9 2020 Keith Tamara Gonyea Don Wise Alana May 5 2020 President Trump Visits N95 Mask Facility In Phoenix NPR Archived from the original on July 4 2020 Retrieved July 9 2020 Burgess Molly April 20 2020 Honeywell to produce 20 million N95 masks per month GasWorld Archived from the original on June 3 2020 Retrieved July 9 2020 Tchekmedyian Alene April 28 2020 L A to secure 24 million N95 masks These will be lifesavers in coronavirus battle Los Angeles Times Archived from the original on July 8 2020 Retrieved July 9 2020 Coronavirus Garcetti Announces Partnership With Honeywell To Produce 24M N95 Masks CBS Local April 28 2020 Archived from the original on June 3 2020 Retrieved July 9 2020 Steinbach Alison May 6 2020 What we learned about Honeywell N95 mask production from Trump s visit The Arizona Republic Retrieved July 9 2020 Keith Tamara Gonyea Don Wise Alana May 5 2020 President Trump Visits N95 Mask Facility In Phoenix NPR Archived from the original on July 4 2020 Retrieved July 9 2020 Friedman Vanessa April 6 2021 Is This the Future of Face Masks The New York Times ISSN 0362 4331 Archived from the original on December 28 2021 Retrieved May 11 2021 Clifford Tyler April 6 2021 Will i am and Honeywell make bet on fashionable high tech face masks CNBC Archived from the original on May 13 2021 Retrieved May 11 2021 Honeywell to sell personal protective equipment business for 1 33 billion Reuters November 22 2024 Krauskopf Lewis July 14 2014 Honeywell to merge turbocharger business into aerospace unit Reuters Archived from the original on October 11 2014 Retrieved October 14 2014 Honeywell International Inc Form 8 K 2016 www sec gov Archived from the original on March 20 2020 Retrieved March 5 2020 Honeywell International Inc Form 8 K 2019 SEC report Archived from the original on March 20 2020 Retrieved March 5 2020 Honeywell Aerospace Bloomberg April 6 2020 Archived from the original on April 6 2020 Retrieved April 24 2020 Insinna Valerie October 10 2017 Honeywell will retain its aerospace and defense business Defense News Archived from the original on June 1 2021 Retrieved April 24 2020 Leyes Richard William Fleming 1999 The History of North American Small Gas Turbine Aircraft Engines National Air and Space Museum Written by Smithsonian Institution and AIAA ISBN 9781563473326 Archived from the original on April 10 2022 Retrieved October 4 2020 Airtrafficmanagement net Honeywell s SmartPath launches at Malaga Archived January 5 2016 at the Wayback Machine May 6 2014 Retrieved May 7 2014 Honeywell Divests Friction Materials Reorganizes Zacks Investment Research July 25 2014 Archived from the original on July 31 2014 Retrieved October 8 2014 Russell Kendall April 17 2018 Honeywell Ball to Develop Optical Communication Links Via Satellite Via Satellite Archived from the original on March 4 2021 Retrieved April 21 2018 Tsang Amie October 10 2017 Honeywell Set to Spin Off 2 Units but Keep Aerospace Division The New York Times ISSN 0362 4331 Archived from the original on March 4 2020 Retrieved April 6 2020 BRIEF Honeywell Acquires Scame Sistemi S R L Reuters November 30 2017 Archived from the original on April 6 2020 Retrieved April 6 2020 Form 8 K Honeywell International Inc www sec gov July 22 2016 Archived from the original on August 1 2020 Retrieved March 5 2020 Honeywell UOP s PSA technology to be used by Hubei Sanning China to produce Plastics from Coal Plastics Insight August 10 2018 Archived from the original on April 6 2020 Retrieved April 6 2020 Honeywell International Inc 2019 Current Report 8 K SEC report Archived from the original on March 20 2020 Retrieved March 5 2020 Honeywell s Performance Materials and Technologies segment Yahoo Finance February 3 2015 Archived from the original on August 8 2020 Retrieved March 5 2020 Ed Crooks and James Politi Financial Times Honeywell chief warns on debt gridlock Archived September 12 2012 at the Wayback Machine Jul 12 2012 Retrieved Jul 19 2012 David M Cote Archived July 29 2017 at the Wayback Machine Forbes Retrieved Jul 19 2012 Board of Directors Honeywell investor honeywell com Archived from the original on May 15 2022 Retrieved May 15 2022 Corporate Governance Board of Directors Honeywell investor honeywell com Archived from the original on April 25 2021 Retrieved May 11 2021 Honeywell Adds New Independent Director to Board powderbulksolids com October 9 2019 Archived from the original on February 27 2021 Retrieved October 12 2020 Honeywell buys Sparta Systems for 1 3B to move into life sciences SiliconANGLE December 22 2020 Archived from the original on June 3 2021 Retrieved April 22 2021 StackPath www securityinfowatch com December 15 2020 Archived from the original on April 22 2021 Retrieved April 22 2021 Honeywell Acquires Ballard Unmanned Systems sUAS News The Business of Drones October 19 2020 Archived from the original on April 29 2021 Retrieved April 22 2021 McNabb Miriam November 9 2020 Hydrogen Fuel Cells for Passenger Drones Honeywell Purchases Ballard Unmanned Systems Assets DRONELIFE Archived from the original on April 28 2021 Retrieved April 22 2021 Honeywell Acquires Tru Trak Autopilots Flying July 26 2019 Archived from the original on December 3 2020 Retrieved October 12 2020 Honeywell to buy German warehouse automation firm Transnorm for 493 million Reuters October 1 2018 Archived from the original on December 2 2019 Retrieved November 25 2019 Honeywell announces acquisition of Transnorm for 492 8 million www mmh com Archived from the original on December 2 2019 Retrieved November 25 2019 Solomon Shoshanna Honeywell Nextnine deal illustrates owners dilemma Sell or hold Times of Israel Archived from the original on March 9 2018 Retrieved February 8 2018 Narayanan Aparna December 13 2017 Honeywell Seen Lowballing 2018 Earnings Outlook But This Is A Concern Stock News amp Stock Market Analysis IBD Investor s Business Daily Archived from the original on March 9 2018 Retrieved February 8 2018 Sutherland Brooke December 27 2017 Honeywell s Adamczyk Is Right for The Times Bloomberg com Archived from the original on March 9 2018 Retrieved February 8 2018 Honeywell to buy 25 percent of Chinese supply chain software firm Reuters December 7 2017 Archived from the original on March 9 2018 Retrieved March 8 2018 Black Shannon April 15 2016 Honeywell Completes Acquisition of Com Dev International Market Realist marketrealist com Archived from the original on August 2 2017 Retrieved December 9 2016 Bannister Adam March 2 2016 Honeywell Acquires RSI Video Technologies as Consolidation in Security Tech Market Continues IFSEC Global IFSEC Global Archived from the original on June 2 2016 Retrieved December 9 2016 Black Thomas July 2016 Honeywell Buys Supply Chain Firm in Return to Bite Size M amp A Bloomberg com Archived from the original on November 15 2017 Retrieved December 9 2016 Honeywell HON Announces Completion of 480M Xtralis Acquisition Honeywell April 1 2016 Archived from the original on April 6 2016 Retrieved April 1 2016 Honeywell Acquires Movilizer Leader In Simplifying Operations For Remote Connected Workers Honeywell March 1 2016 Archived from the original on March 9 2016 Retrieved January 8 2016 Stynes Tess January 8 2016 Honeywell Honeywell Buys Remaining UOP Russell Stake for 240 Million The Wall Street Journal PR Newswire Archived from the original on January 7 2016 Retrieved January 8 2016 Honeywell Completes Acquisition of Research Chemicals Business From Sigma Aldrich PR Newswire December 15 2015 Archived from the original on December 18 2015 Retrieved December 15 2015 Bray Chad July 28 2015 Honeywell to Buy Elster for 5 1 Billion The New York Times Archived from the original on July 9 2017 Retrieved August 10 2015 Honeywell Completes 5 1B Acquisition of Elster Strong Fit for Company s Home Automation Strategy Security Sales amp Integration December 29 2015 Archived from the original on December 2 2019 Retrieved November 25 2019 Honeywell Acquires Aviaso to Augment Aerospace Portfolio nasdaq com Nasdaq September 18 2015 Archived from the original on January 16 2022 Retrieved January 16 2021 Honeywell Completes Acquisition of Datamax O Neil to Deliver Enhanced Workflow Performance Enterprisemobilityexchange com Archived from the original on June 27 2015 Retrieved November 14 2015 Hardcastle Jessica Lyons October 26 2012 Honeywell Acquires Saia Burgess Controls for 130m energymanagertoday com Business Sector Media LLC Archived from the original on July 20 2017 Retrieved October 8 2014 Whiteman Lou December 10 2012 Honeywell acquires Intermec for 600M thedeal com The Deal Archived from the original on October 16 2014 Retrieved October 8 2014 Honeywell Closes RAE Acquisition Analyst Blog nasdaq com Zacks com June 6 2013 Archived from the original on October 16 2014 Retrieved October 8 2014 Nacelewicz Tess January 25 2012 Honeywell acquires Fire Sentry securitysystemsnews com United Publications Inc Archived from the original on October 16 2014 Retrieved October 8 2014 Honeywell acquires Fire Sentry Security Systems News www securitysystemsnews com Archived from the original on October 16 2014 Retrieved November 25 2019 Honeywell Acquires INNCOM Finance yahoo com Zacks com June 6 2012 Archived from the original on July 23 2017 Retrieved October 8 2014 Honeywell Acquires INNCOM Hospitality Technology Archived from the original on December 2 2019 Retrieved November 25 2019 CHAUDHURI SAABIRA October 1 2012 Honeywell to Buy Stake in Thomas Russell for 525 Million wsj com The Wall Street Journal Archived from the original on July 23 2017 Retrieved October 8 2014 Daley Will June 13 2011 Honeywell International to Acquire EMS Technologies for About 491 Million bloomberg com bloomberg Archived from the original on October 6 2014 Retrieved October 8 2014 Honeywell Acquires IRIS Systems Inc powderbulksolids com UBM Canon August 4 2011 Archived from the original on October 16 2014 Retrieved October 8 2014 Whiteman Lou November 1 2011 Honeywell buys King s Safetywear for 338M thedeal com The Deal Archived from the original on October 16 2014 Retrieved October 8 2014 Nusca Andrew May 7 2010 Honeywell acquires Akuacom automated demand response for smart grid smartplanet com CBS Interactive Archived from the original on October 19 2014 Retrieved October 8 2014 Nusca Andrew Honeywell acquires Akuacom automated demand response for smart grid ZDNet Archived from the original on August 1 2020 Retrieved November 25 2019 Mintchell Gary August 1 2010 Honeywell Completes Acquisition of Matrikon automationworld com Summit Media Group Inc Archived from the original on October 19 2014 Retrieved October 8 2014 Marino Jonathan July 22 2010 Honeywell Snaps Up E Mon themiddlemarket com SourceMedia Archived from the original on March 26 2016 Retrieved October 8 2014 Honeywell Acquires E Mon D Mon Submetering Firm www electronicspecifier com Archived from the original on December 2 2019 Retrieved November 25 2019 Tausch Henri September 5 2009 Honeywell acquires RMG Regel Messtechnik controlengeurope com IML GROUP PLC Archived from the original on October 16 2014 Retrieved October 8 2014 Ackermann by Honeywell History Ackermann clino com Archived from the original on January 5 2016 Retrieved November 14 2015 HONEYWELL docx business policy scribd com Scribd Inc 2013 Archived from the original on October 15 2014 Retrieved October 8 2014 Puishys Joe April 17 2006 Honeywell Acquires Energy Services Group achrnews com BNP Media Archived from the original on May 28 2020 Retrieved October 8 2014 Gutierrez Carl April 28 2008 Honeywell Captures Metrologic forbes com Archived from the original on July 29 2017 Retrieved October 8 2014 Honeywell to Buy IAC aviationtoday com Access Intelligence LLC June 13 2008 Archived from the original on October 17 2014 Retrieved October 8 2014 Honeywell to acquire combustion equipment vendor Callidus Technologies chemengonline com Access Intelligence LLC October 22 2008 Archived from the original on October 15 2014 Retrieved October 8 2008 Honeywell acquires Norcross Safety Products for 1 2B Reliableplant com Archived from the original on September 24 2015 Retrieved November 14 2015 Honeywell acquires advanced process control and optimization business from PAS plantservices com Control Global 2007 Archived from the original on October 17 2014 Retrieved October 8 2014 Honeywell agrees to buy Dimensions Int l for 230 mln marketwatch com MarketWatch Inc May 22 2007 Archived from the original on October 16 2014 Retrieved October 8 2014 Honeywell buys analytics maker ActivEye Securitysystemsnews com United Publications Inc March 1 2007 Archived from the original on October 16 2014 Retrieved October 8 2014 Honeywell to Acquire Burtek Systems sdmmag com BNP Media June 1 2007 Archived from the original on May 28 2020 Retrieved October 8 2014 Honeywell acquires Ex Or Modern Building Services Portico Publishing Ltd August 5 2007 Archived from the original on October 18 2014 Retrieved October 8 2014 Honeywell acquires Enraf Holding B V pacetoday com au Cirrus Media August 2 2007 Archived from the original on September 24 2015 Retrieved October 8 2014 Hannagan Charley October 15 2007 Honeywell Buys Hand Held Products syracuse com Syracuse Media Group Archived from the original on December 19 2014 Retrieved October 8 2014 Honeywell Acquires Maxon achrnews com BNP Media December 24 2007 Archived from the original on May 28 2020 Retrieved October 8 2014 Honeywell acquires First Technology share capital Filtration Industry Analyst 2006 4 2 April 2006 doi 10 1016 s1365 6937 06 71090 5 Honeywell To Buy Gardiner Group Electricalmarketing com Penton March 9 2006 Archived from the original on October 16 2014 Retrieved October 8 2014 Funk Dale January 1 2005 Honeywell to buy Novar to enhance automation and control solutions business Electrical Wholesaling Penton Archived from the original on October 17 2014 Retrieved October 8 2014 Honeywell Completes Acquisition of Zellweger Analytics securityinfowatch com Cygnus Business Media July 7 2005 Archived from the original on October 18 2014 Retrieved October 8 2014 Honeywell to acquire InterCorr International controlglobal com Control Global June 15 2005 Archived from the original on October 20 2014 Retrieved October 8 2014 TRIDIUM INC Company Profile Hoover s Hoover s Inc October 8 2014 Archived from the original on July 1 2017 Retrieved October 8 2014 Honeywell acquires Hymatic to expand European presence Aviationweek com Penton January 13 2004 Archived from the original on October 17 2014 Retrieved October 7 2014 Genesis Cable Acquired by Honeywell sdmmag com BNP Media July 29 2004 Archived from the original on May 28 2020 Retrieved October 7 2014 Honeywell appoints HomMed president bizjournals com American City Business Journals March 20 2007 Archived from the original on October 21 2014 Retrieved October 7 2014 Honeywell Acquires Aube Technologies Air Conditioning Heating amp Refrigeration News 223 3 6 September 20 2004 Archived from the original on October 19 2014 Retrieved October 7 2014 Honeywell Acquires Vindicator sdmmag com BNP Media October 1 2004 Archived from the original on May 28 2020 Retrieved October 7 2014 Acquisition should be right fit for all involved Billingsgazette com The Billings Gazette January 21 2007 Archived from the original on October 7 2014 Retrieved October 7 2014 Honeywell Acquires Edgelinx Systems securitysales com EH Publishing May 12 2004 Archived from the original on October 17 2014 Retrieved October 7 2014 Mather Lee December 2004 Honeywell Acquires GEM Advanced Packaging 13 12 10 Archived from the original on October 19 2014 Retrieved October 7 2014 Company Overview of Silent Witness Enterprises Ltd Investing businessweek com Bloomberg October 7 2014 Archived from the original on October 7 2014 Retrieved October 7 2014 Honeywell buying Sensotec to increase sensor wireless capabilities Control Engineering March 1 2003 ISSN 0010 8049 Archived from the original on October 6 2016 Retrieved October 7 2014 Honeywell Acquires Baker Electronics ainonline com The Convention News Co Inc January 14 2008 Archived from the original on October 16 2014 Retrieved October 7 2014 MERGERS amp ACQUISITIONS securitysolutions com Penton Media Inc April 1 2003 Archived from the original on June 20 2005 Retrieved October 7 2014 Honeywell Acquires FutureSmart Olympo Controls SDM Security Distributing amp Marketing 33 12 28 December 2003 Archived from the original on October 19 2014 Retrieved October 7 2014 Zurier Steve January 20 2004 Futuresmart bought builderonline com Hanley Wood Media Inc Archived from the original on October 18 2014 Retrieved October 7 2014 Kolon sells nylon film lines to Honeywell for 26 7m Asian Chemical News 9 403 8 June 2003 Archived from the original on October 19 2014 McDowell Maurice February 2003 Honeywell the new preferred brand name for security products and systems securitysa com Technews Publishing Pty Ltd Archived from the original on October 17 2014 Retrieved October 7 2014 Honeywell to Acquire Sensor Systems Business from Invensys plc Electrical Marketing August 30 2002 Archived from the original on October 16 2014 Retrieved October 7 2014 Chadwick Helmuth Company Inc Innovation Development Institute LLC October 5 2011 Archived from the original on October 17 2014 Retrieved October 7 2014 Honeywell buys helicopter vibration monitoring specialist Aviation Week Penton July 8 2002 Archived from the original on January 5 2016 Retrieved October 7 2014 SDM Security Distributing amp Marketing Vol 33 no 2 February 2003 Mora Moravia ended with a solid fuel boiler Novinky cz Seznam cz Inc July 21 2003 Archived from the original on May 28 2020 Retrieved October 7 2014 Longmore Etheridge Ann March 1 2014 Business news Security Management 50 3 132 ISSN 0145 9406 Center for Public Integrity analysis of EPA documents Publicintegrity org April 26 2007 Archived from the original on June 12 2008 Retrieved September 13 2011 Political Economy Research Institute Archived from the original on September 27 2007 Retrieved June 4 2007 United States Environmental Protection Agency Yosemite epa gov November 30 2001 Archived from the original on June 9 2011 Retrieved September 13 2011 Newman Maria May 17 2003 Court Orders Honeywell To Clean Up 34 Acre Site New York Times May 17 2003 The New York Times Archived from the original on June 29 2017 Retrieved July 10 2013 Chemical Company Pays 3 6 Mil to Settle Suits Chicago Sun Times September 6 2003 qtd in knowmore org Archived September 28 2007 at the Wayback Machine Urbina Ian November 29 2004 Lake Cleanup to Be Ordered in Syracuse New York Times Nov 29 2004 The New York Times Archived from the original on May 28 2015 Retrieved February 16 2017 Onondaga Lake Cleanup Progress November PDF Onondaga Lake Cleanup Archived PDF from the original on March 4 2016 Retrieved January 14 2015 Coin Glenn November 6 2017 Honeywell receives Audubon s highest award for Onondaga Lake cleanup syracuse com Archived from the original on July 24 2018 Retrieved August 17 2018 Coin Glenn Honeywell will pay 9 5 million for Onondaga Lake restoration project costs syracuse com Archived from the original on September 12 2018 Retrieved January 11 2018 Tina Kelley May 4 2005 New Jersey Sues to Force 3 Companies to Clean Up Chromium Pollution at 106 sites New York Times May 4 2005 The New York Times New Jersey Archived from the original on May 24 2013 Retrieved September 13 2011 Richardson Ginger D August 8 2008 Honeywell to pay 5 mil in Valley pollution settlement Arizona Republic August 8 2008 Azcentral com Archived from the original on June 7 2022 Retrieved September 13 2011 United States Environmental Protection Agency at the Wayback Machine archive index 2 Archived August 10 2011 at the Wayback Machine Honeywell International s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 23 2021 Alt URL Archived November 11 2021 at the Wayback Machine Honeywell International s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 23 2021 Alt URL Archived December 11 2021 at the Wayback Machine Honeywell International s Sustainability Report for 2018Q4 PDF Archived from the original PDF on January 24 2021 Alt URL Archived November 11 2021 at the Wayback Machine Honeywell International s Sustainability Report for 2019Q4 PDF Archived from the original PDF on March 5 2021 Alt URL Archived November 11 2021 at the Wayback Machine Honeywell International s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 23 2021 Alt URL Archived November 11 2021 at the Wayback Machine Honeywell International s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 23 2021 Alt URL Archived November 11 2021 at the Wayback Machine Honeywell International s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 23 2021 Alt URL Archived November 11 2021 at the Wayback Machine Honeywell International s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 23 2021 Alt URL Archived November 11 2021 at the Wayback Machine Thurm Scott Linebaugh Kate March 11 2013 More U S Profits Parked Abroad Saving on Taxes The Wall Street Journal Archived from the original on February 13 2015 Retrieved March 7 2017 Portero Ashley December 9 2011 30 Major U S Corporations Paid More to Lobby Congress Than Income Taxes 2008 2010 International Business Times Archived from the original on January 7 2012 Retrieved December 26 2011 Sledge Matt December 16 2014 How The CIA Twisted The Legacy Of A Vietnam War Protest To Justify Torture Huffington Post Archived from the original on November 17 2015 Retrieved November 14 2015 Honeywell weapons parts allegedly used in Israeli attack on Gaza school Business amp Human Rights Resource Centre Retrieved October 22 2024 Perry Noam MADEO December 1 2023 Companies Profiting from the Gaza Genocide American Friends Service Committee Retrieved October 22 2024 Al Jazeera Staff US weapons parts used in Israeli attack on Gaza school Al Jazeera analysis Al Jazeera Retrieved 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