World Library  
Flag as Inappropriate
Email this Article


Article Id: WHEBN0000225721
Reproduction Date:

Title: Honeywell  
Author: World Heritage Encyclopedia
Language: English
Subject: AlliedSignal, Sperry Corporation, Honeywell Aerospace, Bendix Corporation, Novar plc
Collection: 1906 Establishments in Minnesota, Aerospace Companies of the United States, Aircraft Component Manufacturers of the United States, Aircraft Engine Manufacturers of the United States, Auto Parts Suppliers, Automotive Companies of the United States, Avionics Companies, Companies Based in Minneapolis, Minnesota, Companies Based in Morris County, New Jersey, Companies Established in 1906, Companies Listed on the New York Stock Exchange, Conglomerate Companies of the United States, Defunct Computer Companies of the United States, Electrical Wiring and Construction Supplies Manufacturers, Electronic Design, Electronics Companies of the United States, Embedded Systems, Engineering Companies of the United States, Former Components of the Dow Jones Industrial Average, Honeywell, Instrument-Making Corporations, Manufacturing Companies Based in New Jersey
Publisher: World Heritage Encyclopedia


Honeywell International, Inc.
Traded as NYSE: HON
S&P 500 Component
Industry Conglomerate
Predecessor Honeywell Inc.
AlliedSignal Inc.
Founded 1906, Wabash, Indiana
Founder Mark C. Honeywell
Headquarters Morristown, New Jersey, U.S.
Area served
Key people
David M. Cote
(Chairman and CEO)
Revenue US$ 40.306 billion (2014)[1]
US$ 5.831 billion (2014)[1]
US$ 4.239 billion (2014)[1]
Total assets US$ 45.451 billion (2014)[1]
Total equity US$ 17.657 billion (2014)[1]
Number of employees
131,000 (2013)[1]

Honeywell International, Inc. is an American multinational conglomerate company that produces a variety of commercial and consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments.

Honeywell is a Fortune 100 company; in 2012 it was listed as 77th in the Fortune 500 America's ranking.[2] Honeywell has a global workforce of approximately 130,000, of whom approximately 58,000 are employed in the United States.[3] The company is headquartered in Morristown, New Jersey. Its current chief executive officer is David M. Cote.[4][5] The company and its corporate predecessors were part of the Dow Jones Industrial Average Index from December 7, 1925, until February 9, 2008.

The company's current name, Honeywell International Inc., is the product of a merger in which Honeywell Inc. was acquired by the much larger AlliedSignal in 1999. The company headquarters were consolidated with AlliedSignal's headquarters in Morristown, New Jersey; however the combined company chose the name "Honeywell" because of its superior brand recognition.

Honeywell has many brands that commercial and retail consumers may recognize, including its line of home thermostats (particularly the iconic round type) and Garrett turbochargers.


  • History 1
    • William and Harold Sweatt 1.1
    • James H. Binger 1.2
    • Computing 1.3
    • Defense interests 1.4
    • Performance Materials and Technologies 1.5
    • GE-Honeywell merger attempt 1.6
    • Recent history 1.7
    • Honeywell Technology Solutions 1.8
  • Corporate governance 2
  • Products and services 3
    • Aircraft 3.1
    • Missiles and rockets 3.2
    • Honeywell Scanning and Mobility 3.3
  • Acquisitions 4
  • Environmental record 5
  • Criticism 6
  • See also 7
  • References 8
  • External links 9


Honeywell's iconic "The Round" model T-86 thermostat. There is one in the Smithsonian Institution.

The roots of what we know as Honeywell came into being through the invention of the damper flapper, a thermostat for coal furnaces, by Albert Butz, in 1885 and subsequent innovations in electric motors and process control by Minneapolis Heat Regulator Company tracing back to 1886. In 1906, Mark C. Honeywell founded Honeywell Heating Specialty Co., Inc. in Wabash, Indiana. Honeywell's company merged with Minneapolis Heat Regulator Company in 1927. The merged company was called the Minneapolis-Honeywell Regulator Company. Honeywell was its first president, W.R. Sweatt its first chairman.[6]

William and Harold Sweatt

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. Harold, who took over in 1934, led Honeywell through a period of growth and global expansion that set the stage for Honeywell to become a global technology leader.

For more than 30 years the company annually presented the "H.W. Sweatt Engineer-Scientist Award" to individuals in recognition of their outstanding technical ability and contribution to technical accomplishment of significance for the company and their profession. The award program was canceled after the AlliedSignal and Honeywell merger in 1999.

Honeywell thermostat

James H. Binger

James H. Binger joined Honeywell in 1943, and became its president in 1961 and its chairman in 1965. On becoming Chairman of Honeywell, Binger revamped the company sales approach, placing emphasis on profits rather than on volume. He also stepped up the company's international expansion – it had six plants producing 12% of the company's revenue. He also officially changed the company's corporate name from "Minneapolis-Honeywell Regulator Co." to "Honeywell".[7]

From the 1950s until the mid-1970s, Honeywell was the United States' importer of Pentax cameras and photographic equipment. These products were labeled Honeywell Pentax in the US. Under Binger's stewardship from 1961 to 1978 he expanded the company into such fields as defense, aerospace and computing.

In 1953, in co-operation 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.[8] Technologically, this effort had parallels to contemporary efforts in missile guidance and numerical control.


Honeywell originally entered the computer business via a joint venture with Raytheon called Datamatic Corp., but soon bought out Raytheon's share and the business became a Honeywell division, Honeywell Information Systems. The computer itself was called the Honeywell 800, later updated to the Honeywell 1800.

Honeywell also purchased minicomputer pioneer Computer Control Corporation (3C's), renaming it as Honeywell's Computer Control Division. Through most of the 1960s, Honeywell was one of the so-called "Snow White and the Seven Dwarfs" of computing, IBM being "Snow White", and the "Dwarfs" 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;[9] they were known as "The BUNCH", after their initials: Burroughs, UNIVAC, NCR, Control Data Corporation, and Honeywell.

A 1990 Honeywell-Bull Entry Level Mainframe DPS 7 mainframe

Honeywell offered a vast number of products over the years (e.g. Honeywell 200, Honeywell 316, Honeywell 800, Honeywell 6000 series, Honeywell Level 6, DPS 8, DPS6, assorted peripherals, PC's, Mainframes, Printers, Tape Storage Systems, Mini's, Terminals, Banking, Time and Attendance, Unix, Storage, and Airlines systems).

Honeywell was one of the first to achieve A1 Security rating from the DOD Trusted Computer System Evaluation Criteria for its SCOMP (Secure Communications Processor).

In 1963, Honeywell introduced a small business computer, the Honeywell 200, to compete with IBM's 1401. That began a product line that continued until the early 1970s.[10]

In 1970, General Electric sold its computer systems division to Honeywell. The company was reorganized into two operating units, one of which was Honeywell Information Systems, headed by President Clarence (Clancy) Spangle. 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 also influenced many of the features of Honeywell/GE's GECOS and GCOS8 General Comprehensive Operating System operating systems.

In the early 1970s, Honeywell, France's 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. It 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 Device) and CMD (Cartridge Module Drive) products.

In 1980, Honeywell bought Incoterm Corporation to compete in both the Airline reservations system networks and bank teller markets. Next, Honeywell developed the first Digital Process Communications protocol for its smart transmitters used in process measurement. Since then, smart communication protocols have evolved into various standardized types, such as the HART protocol and DE protocol. In 1989, Honeywell's computer division was sold to Groupe Bull. The new company was named Bull HN, and later referred to as simply "Bull".

Defense interests

Honeywell entered the defense industry in World War II, at first producing aerospace elements. During and after the

Preceded by
Dow Jones Industrial Average component
December 2, 1999 – February 9, 2008
Succeeded by
Chevron Corporation

.comOfficial web site - Honeywell

External links

  1. ^ a b c d e f item=UGFyZW50SUQ9NTM2NDQyfENoaWxkSUQ9MjI0NjQwfFR5cGU9MQ==&t=1 "Honeywell International, Inc. 2013 Annual Report, Form 10-K, Filing Date Feb 14, 2014" . Retrieved August 21, 2014. 
  2. ^ "Fortune 500 Raking 2012". Retrieved May 11, 2013. 
  3. ^ "Edgar Online SEC Filings FY 2007". Retrieved September 13, 2011. 
  4. ^ Ed Crooks and James Politi, Financial Times. "Honeywell chief warns on debt gridlock." Jul 12, 2012. Retrieved Jul 19, 2012.
  5. ^ "David M Cote." Forbes. Retrieved Jul 19, 2012.
  6. ^ "Honeywell official history site". Retrieved September 13, 2011. 
  7. ^,10987,940743,00.html
  8. ^ "Punched Tape Controls Aircraft In Flight" Popular Mechanics, May 1953, p. 89.
  9. ^ Ceruzzi, Paul E. A history of modern computing.  
  10. ^ "Honeywell Series 200". December 3, 1963. Retrieved September 13, 2011. 
  11. ^ "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.
  12. ^ State ex rel. Pillsbury v. Honeywell, Inc., Minnesota Supreme Court, 1971 [2]
  13. ^ KC Council gets $673 million plan to replace Honeywell plant – Kansas City Star – January 7, 2010 at the Wayback Machine (archived January 14, 2010)
  14. ^ Charles James, "International Antitrust in the Bush Administration", September 21, 2001
  15. ^ "Honeywell in Russia". Retrieved 2013-07-18. 
  16. ^ "Smiths To Sell Aerospace Ops To GE For $4.8B." McGrath, S.; Stone, R. The Wall Street Journal. January 15, 2007.
  17. ^ "December 13, 2004". BBC News. December 13, 2004. Retrieved September 13, 2011. 
  18. ^ The offer was £798m or £1.85 per share for each Novar share, with another £331m for preference shares and debt.
  19. ^ "Honeywell Completes Acquisition of Novar plc; Final Clearance from European Commission Confirmed — Business Wire, March 31, 2005". March 31, 2005. Retrieved September 13, 2011. 
  20. ^ Novar also had two other divisions, IAS and SPS, which Cote indicated would be sold quickly because, although strong businesses in their respective industries, they did not fit the Honeywell portfolio.
  21. ^ Chad Bray, The New York Times. “Honeywell to Buy Elster for $5.1 Billion.” July 28, 2015. August 10, 2015.
  22. ^ "Reach Information Portal". March 24, 2009. Retrieved September 13, 2011. 
  23. ^ "Honeywell". Retrieved 18 September 2014. 
  24. ^ Bray, Chad (July 28, 2015). "Honeywell to Buy Elster for $5.1 Billion". The New York Times. Retrieved August 10, 2015. 
  25. ^ "Honeywell Completes Acquisition of Datamax-O'Neil to Deliver Enhanced Workflow Performance". 
  26. ^ Hardcastle, Jessica Lyons (26 October 2012). "Honeywell Acquires Saia Burgess Controls for $130m". Business Sector Media, LLC. Retrieved 8 October 2014. 
  27. ^ Whiteman, Lou (10 December 2012). "Honeywell acquires Intermec for $600M". The Deal. Retrieved 8 October 2014. 
  28. ^ "Honeywell Closes RAE Acquisition - Analyst Blog". 6 June 2013. Retrieved 8 October 2014. 
  29. ^ Nacelewicz, Tess (25 January 2012). "Honeywell acquires Fire Sentry". United Publications Inc. Retrieved 8 October 2014. 
  30. ^ "Honeywell Acquires INNCOM". 6 June 2012. Retrieved 8 October 2014. 
  31. ^ CHAUDHURI, SAABIRA (1 October 2012). "Honeywell to Buy Stake in Thomas Russell for $525 Million". (The Wall Street Journal). Retrieved 8 October 2014. 
  32. ^ Daley, Will (13 June 2011). "Honeywell International to Acquire EMS Technologies for About $491 Million". (bloomberg). Retrieved 8 October 2014. 
  33. ^ "Honeywell Acquires IRIS Systems Inc.". UBM Canon. 4 August 2011. Retrieved 8 October 2014. 
  34. ^ Whiteman, Lou (1 November 2011). "Honeywell buys King's Safetywear for $338M". The Deal. Retrieved 8 October 2014. 
  35. ^ Nusca, Andrew (7 May 2010). "Honeywell acquires Akuacom; automated demand response for smart grid". CBS Interactive. Retrieved 8 October 2014. 
  36. ^ Mintchell, Gary (1 August 2010). "Honeywell Completes Acquisition of Matrikon". Summit Media Group, Inc. Retrieved 8 October 2014. 
  37. ^ Marino, Jonathan (22 July 2010). "Honeywell Snaps Up E-Mon". SourceMedia. Retrieved 8 October 2014. 
  38. ^ Korn, Melissa (20 May 2010). "Honeywell to Buy Sperian for $1.4 Billion". (The Wall Street Journal). Retrieved 8 October 2014. 
  39. ^ Tausch, Henri (5 September 2009). "Honeywell acquires RMG Regel + Messtechnik". IML GROUP PLC. Retrieved 8 October 2014. 
  40. ^ "Ackermann by Honeywell: History". 
  41. ^ "HONEYWELL.docx (business policy)". Scribd Inc. 2013. Retrieved 8 October 2014. 
  42. ^ a b Puishys, Joe (17 April 2006). "Honeywell Acquires Energy Services Group". BNP Media. Retrieved 8 October 2014. 
  43. ^ Gutierrez, Carl (28 April 2008). "Honeywell Captures Metrologic". ( LLC). Retrieved 8 October 2014. 
  44. ^ "Honeywell to Buy IAC". Access Intelligence, LLC. 13 June 2008. Retrieved 8 October 2014. 
  45. ^ "Honeywell to acquire combustion equipment vendor Callidus Technologies". Access Intelligence, LLC. 22 October 2008. Retrieved 8 October 2008. 
  46. ^ "Honeywell acquires Norcross Safety Products for $1.2B". 
  47. ^ "Honeywell acquires advanced process control and optimization business from PAS". Control Global. 2007. Retrieved 8 October 2014. 
  48. ^ "Honeywell agrees to buy Dimensions Int'l for $230 mln". MarketWatch, Inc. 22 May 2007. Retrieved 8 October 2014. 
  49. ^ "Honeywell buys analytics maker ActivEye". United Publications Inc. 1 March 2007. Retrieved 8 October 2014. 
  50. ^ "Honeywell to Acquire Burtek Systems". BNP Media. 1 June 2007. Retrieved 8 October 2014. 
  51. ^ "Honeywell acquires Ex-Or". Modern Building Services. Portico Publishing Ltd. 5 August 2007. Retrieved 8 October 2014. 
  52. ^ "Honeywell acquires Enraf Holding B.V.". Cirrus Media. 2 August 2007. Retrieved 8 October 2014. 
  53. ^ Hannagan, Charley (15 October 2007). "Honeywell Buys Hand Held Products". Syracuse Media Group. Retrieved 8 October 2014. 
  54. ^ "Honeywell Acquires Maxon". BNP Media. 24 December 2007. Retrieved 8 October 2014. 
  55. ^ "Honeywell acquires First Technology share capital". Filtration Industry Analyst 2006 (4): 2. April 2006. Retrieved 8 October 2014. 
  56. ^ "Honeywell To Buy Gardiner Group". Penton. 9 March 2006. Retrieved 8 October 2014. 
  57. ^ Tullo, Alexander (10 October 2005). "Honeywell Buying Dow Share of UOP". Chemical & Engineering News. American Chemical Society. Retrieved 7 October 2014. 
  58. ^ Funk, Dale (1 January 2005). "Honeywell to buy Novar to enhance automation and control solutions business". Electrical Wholesaling. Penton. Retrieved 8 October 2014. 
  59. ^ "Honeywell Completes Acquisition of Zellweger Analytics". Cygnus Business Media. 7 July 2005. Retrieved 8 October 2014. 
  60. ^ "Honeywell to acquire InterCorr International". Control Global. 15 June 2005. Retrieved 8 October 2014. 
  61. ^ "TRIDIUM, INC. Company Profile". Hoover's. Hoover's Inc. 8 October 2014. Retrieved 8 October 2014. 
  62. ^ "Honeywell acquires Hymatic to expand European presence". Penton. 13 January 2004. Retrieved 7 October 2014. 
  63. ^ "Genesis Cable Acquired by Honeywell". BNP Media. 29 July 2004. Retrieved 7 October 2014. 
  64. ^ "Honeywell appoints HomMed president". (American City Business Journals). 20 March 2007. Retrieved 7 October 2014. 
  65. ^ "Honeywell Acquires Aube Technologies". Air Conditioning Heating & Refrigeration News 223 (3): 6. 20 September 2004. Retrieved 7 October 2014. 
  66. ^ "Honeywell Acquires Vindicator". BNP Media. 1 October 2004. Retrieved 7 October 2014. 
  67. ^ "Acquisition should be right fit for all involved". The Billings Gazette. 21 January 2007. Retrieved 7 October 2014. 
  68. ^ "Honeywell Acquires Edgelinx Systems". EH Publishing. 12 May 2004. Retrieved 7 October 2014. 
  69. ^ Mather, Lee (December 2004). "Honeywell Acquires GEM". Advanced Packaging 13 (12): 10. Retrieved 7 October 2014. 
  70. ^ "Company Overview of Silent Witness Enterprises Ltd.". Bloomberg. 7 October 2014. Retrieved 7 October 2014. 
  71. ^ "Honeywell buying Sensotec to increase sensor, wireless capabilities". Control Engineering. 1 March 2003.  
  72. ^ "Honeywell Acquires Baker Electronics". The Convention News Co., Inc. 14 January 2008. Retrieved 7 October 2014. 
  73. ^ "MERGERS & ACQUISITIONS". Penton Media, Inc. 1 April 2003. Retrieved 7 October 2014. 
  74. ^ "Honeywell Acquires FutureSmart, Olympo Controls". SDM: Security Distributing & Marketing 33 (12): 28. December 2003. Retrieved 7 October 2014. 
  75. ^ Zurier, Steve (20 January 2004). "FUTURESMART BOUGHT". Hanley Wood Media, Inc. Retrieved 7 October 2014. 
  76. ^ "Kolon sells nylon-film lines to Honeywell for $26.7m". Asian Chemical News 9 (403): 8. June 2003. 
  77. ^ McDowell, Maurice (February 2003). "Honeywell - the new preferred brand name for security products and systems". Technews Publishing (Pty) Ltd. Retrieved 7 October 2014. 
  78. ^ "Honeywell to Acquire Sensor Systems Business from Invensys plc". Electrical Marketing (Electrical Marketing). 30 August 2002. Retrieved 7 October 2014. 
  79. ^ "Chadwick-Helmuth Company Inc". Innovation Development Institute, LLC. 5 October 2011. Retrieved 7 October 2014. 
  80. ^ "HONEYWELL BUYS HELICOPTER VIBRATION MONITORING SPECIALIST". Aviation Week. Penton. 8 July 2002. Retrieved 7 October 2014. 
  81. ^ "SDM: Security Distributing & Marketing" 33 (2). February 2003. 
  82. ^ "Mora Moravia ended with a solid fuel boiler"., Inc. 21 July 2003. Retrieved 7 October 2014. 
  83. ^ Longmore-Etheridge, Ann (1 March 2014). "BUSINESS NEWS". Security Management 50 (3): 132.  
  84. ^ "Center for Public Integrity analysis of EPA documents". April 26, 2007. Retrieved September 13, 2011. 
  85. ^ Political Economy Research Institute at the Wayback Machine (archived September 27, 2007)
  86. ^ "United States Environmental Protection Agency". November 30, 2001. Retrieved September 13, 2011. 
  87. ^ Newman, Maria (May 17, 2003). , May 17, 2003"New York TimesCourt Orders Honeywell To Clean Up 34 Acre Site", "". New York Times. Retrieved 2013-07-10. 
  88. ^ "Chemical Company Pays $3.6 Mil. to Settle Suits", Chicago Sun-Times, September 6, 2003 qtd. in
  89. ^ , Nov. 29, 2004New York Times"Lake Cleanup to Be Ordered in Syracuse",
  90. ^ Tina Kelley (May 4, 2005). , May 4, 2005"New York TimesNew Jersey Sues to Force 3 Companies to Clean Up Chromium Pollution at 106 sites," "". The New York Times (New Jersey). Retrieved September 13, 2011. 
  91. ^ Richardson, Ginger D. (August 8, 2008). , August 8, 2008"Arizona RepublicHoneywell to pay $5 mil in Valley-pollution settlement", "". Retrieved September 13, 2011. 
  92. ^ United States Environmental Protection Agency at the Wayback Machine
  93. ^ NPEP Success Story: Honeywell International
  94. ^ Thurm, Scott; Linebaugh, Kate (March 11, 2013). "More U.S. Profits Parked Abroad, Saving on Taxes". The Wall Street Journal. 
  95. ^ Portero, Ashley. "30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008–2010".  


See also

On March 10, 2013 the 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 5 executives.[95] Honeywell has been criticized in the past for its manufacture of deadly and maiming weapons, such as cluster bombs.

Harvey Cox holding a Honeywell fragmentation bomb (1973)


In 2006, Honeywell announced that its decision to stop manufacturing mercury switches had resulted in reductions of more than 11,300 kg, 2800 kg, and 1500 kg respectively of mercury, lead, and chromic acid usage. The largest reduction represents 5% of mercury use in the United States.[92] 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.[93]

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."[87] In the same year, Honeywell paid $3.6 million to avoid a federal trial regarding its responsibility for trichloroethylene contamination in Lisle, Illinois.[88] 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, NY.[89] 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.[90] 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 the years of 1974 and 2004.[91]

The United States Environmental Protection Agency states that no corporation has been linked to a greater number of Superfund toxic waste sites than has Honeywell.[84] Honeywell ranks 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.[85] In 2001, Honeywell agreed to pay $150,000 in civil penalties and to perform $772,000 worth of reparations for environmental violations involving:[86]

Environmental record

Acquisition Business Group
Datamax-O'Neil[25] ACS
Saia Burgess Controls[26] ACS
Intermec[27] ACS
RAE Systems[28] ACS
Fire Sentry[29] ACS
InnCom[30] ACS
Thomas Russell LLC[31] PMT
EMS[32] ACS/Aerospace
Iris Systems[33] ACS
Kings Safety Shoes[34] ACS
Akuacom[35] ACS
Matrikon[36] ACS
E-Mon[37] ACS
Sperian[38] ACS
Cythos[40] ACS
AV Digital Audio-Videotechnik GmbH[41] ACS
Energy Services Group, LLC[42] ACS
Metrologic[43] ACS
IAC[44] Aerospace
Callidus[45] ACS
Norcross[46] ACS
Plant Automation Systems, Inc. (PAS)[47] ACS
Dimensions Int'l[48] Aerospace
ActiveEye[49] ACS
Burtek[50] ACS
Ex-Or[51] ACS
Enraf Holdings B.V.[52] ACS
Handheld Products[53] ACS
Maxon Corporation[54] ACS
Sempra Energy Services[42] ACS
First Technology[55] ACS
Gardiner Group[56] ACS
Novar Controls[58] ACS
Zellweger[59] ACS
Lebow ACS
InterCorr International, Inc.[60] ACS
Tridium, Inc.[61] ACS
Hymatic Group[62] Aerospace
Genesis Cable[63] ACS
HomMed, LLC[64] ACS
Aube Technologies[65] ACS
Vindicator[66] ACS
Electro-Radiation Incorporated (ERI)[67] Aerospace
Edgelinx[68] ACS
GEM Microelectronics[69] PMT
Silent Witness[70] ACS
Sensotec[71] ACS
Baker Electronics[72] Aerospace
Gamewell[73] ACS
Olympo[74] ACS
FutureSmart[75] ACS
Kolon Films[76] PMT
Betatech[77] ACS
Invensys Sensor Systems[78] ACS
Chadwick Helmuth[79][80] Aerospace
Ultrak[81] ACS
Mora Moravia[82] Aerospace
Shanghai Alarm[83] ACS

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 three business groups (Aerospace, Automation and Control Solutions (ACS), or Performance Materials and Technologies (PMT)) but retain their original brand name.


Honeywell Scanning and Mobility

Missiles and rockets


A Honeywell digital compass sensor mounted on a circuit board

Products and services


David M. Cote Chairman and Chief Executive Officer of Honeywell International, Inc.
Gordon M. Bethune Retired Chairman and Chief Executive Officer of Continental Airlines, Inc.
Kevin Burke Non-Executive Chairman of Consolidated Edison, Inc. (Con Edison)
Jaime Chico Pardo President and Chief Executive Officer, ENESA, S.A. de C.V. (ENESA)
D. Scott Davis Chairman and Chief Executive Officer of United Parcel Service, Inc. (UPS)
Linnet F. Deily Former Deputy U.S. Trade Representative and Ambassador
Judd Gregg Former U.S. Senator from New Hampshire
Clive R. Hollick Former Chief Executive Officer of United Business Media
Grace D. Lieblein Vice President, Global Purchasing and Supply Chain of General Motors Corporation (GM)
George Paz Chairman and Chief Executive Officer of Express Scripts Holding Company
Bradley T. Sheares Former Chief Executive Officer of Reliant Pharmaceuticals, Inc.
Robin L. Washington Executive Vice President and Chief Financial Officer of Gilead Sciences, Inc.

Corporate governance

Honeywell Technology Solutions (HTS) is an R&D (research and development) division within Honeywell dedicated to innovative product research. HTS is headquartered in Bangalore, India with an employee strength of over 11000. HTS has development Centers in Hyderabad (India), Bangalore (India), Madurai (India), Shanghai (China), and Brno (Europe, Czech Republic). Most of the flight management systems are made and tested at these labs.[22] HTS offers technological and R&D services to the various business units of Honeywell International, mainly Aerospace, Automation and Control Solutions (ACS), Performance Materials and Technologies and Transportation Systems. Recently the company started producing car parts also such as radiators and turbochargers.

Honeywell Technology Solutions

In July 2015, Honeywell announced that it had agreed to acquire Elster, which manufactures water and gas meters and control devices, from Melrose Industries for 3.3 billion pounds, or about $5.1 billion, in cash[21]

In January 2013, Honeywell shut its subsidiary Ex-Or's factory in Haydock, Merseyside, UK.

In December 2004, Honeywell made a £1.2bn ($2.3bn) bid for Novar plc.[17][18] The acquisition was finalized on March 31, 2005.[19][20]

In January 2002 Knorr-Bremse, who had been operating in a joint venture with Honeywell International Inc., assumed full ownership of Honeywell's ventures in Europe, Brazil and the US. Bendix Commercial Vehicle Systems became a subsidiary of Knorr-Bremse AG. Although declining in influence, Honeywell maintains a presence in emerging industries, such as Northern Alberta's oil sands. Honeywell's Plant Integrator is currently deployed in some of the most important plant-sites in the oil sands (Syncrude, Suncor and others).

The current "Honeywell International Inc." is the product of a merger between AlliedSignal and Honeywell Inc. in 1999. Although AlliedSignal was twice the size of Honeywell, the combined company chose the name "Honeywell" because of its superior brand recognition. However, 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 1,000 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.

Entry to Morristown headquarters

Recent history

In 2007, General Electric acquired Smiths Aerospace, which had a similar product portfolio.[16]

General Electric announced in 2000 it would attempt to acquire Honeywell; at the time, Honeywell was valued at over $21 billion. The merger was cleared by American authorities but was blocked by the European Commission's competition commissioner, Mario Monti, on July 3, 2001. 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 at the time, Charles James, and now general counsel of Chevron-Texaco, called the EU's decision "antithetical to the goals of antitrust law enforcement".[14][15]

GE-Honeywell merger attempt

Honeywell's Performance Materials and Technologies business can trace its heritage to a small sulfuric acid company started by chemist William H. Nichols in 1870. By the end of the 19th century, Nichols had formed several companies and was recognized as a force in America's fledgling chemical industry. Nichols's vision of a bigger, better chemical company took off when he teamed up with investor Eugene Meyer in 1920. Nichols and Meyer combined five smaller chemical companies to create the Allied Chemical & Dye Company, which later became Allied Chemical Corp., and eventually became part of AlliedSignal, the forerunner of Honeywell's Performance Materials and Technologies business. Meyer went on to serve in the Coolidge, Hoover, and Truman administrations and to buy the Washington Post newspaper in 1933. Both he and Nichols have buildings named after them in Honeywell's headquarters in Morristown, New Jersey. Darius Adamczyk is the current President and CEO of the Performance Materials and Technologies division.

Performance Materials and Technologies

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.[13]

In 1996, Honeywell acquired Duracraft and began marketing its products in the home comfort sector. Today, Kaz Incorporated owns both Duracraft and Honeywell's home comfort lines.

In 1990, Honeywell's defense division was spun off into Alliant Techsystems. Honeywell continues to supply aerospace products including electronic guidance systems, cockpit instrumentation, lighting, and primary propulsion and secondary power turbine engines.


This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Hawaii eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.