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Honeywell

Honeywell
Company nameHoneywell International, Inc.
Company typePublic
IndustryConglomerate
Founded1906
Founder(s)Mark C. Honeywell
HeadquartersMorristown, New Jersey, U.S.
Area servedWorldwide
Key peopleDavid M. Cote
(Chairman and CEO)
Revenue(+) US$ 33.370 billion (2010) 
Operating income(+) US$ 3.229 billion (2010)
Net income(+) US$ 2.022 billion (2010)
Total assets(+) US$ 37.834 billion (2010)
Total equity(+) US$ 10.787 billion (2010)
Employees130,000 (January 2010)
DivisionsHoneywell Aerospace
Honeywell Automation & Control Solutions
Honeywell Specialty Materials
Honeywell Transportation Systems

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Honeywell International, Inc. (Nyse - HON) is a major conglomerate company that produces a variety of 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 with a workforce of approximately 130,000, of which approximately 58,000 are employed in the United States. The company is headquartered in Morristown, New Jersey. Its current chief executive officer is David M. Cote. The company and its corporate predecessors were part of the Dow Jones Industrial Average Index from December 7, 1925 until February 9, 2008.

The current "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 to 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 consumers may recognize. Some of the most recognizable products are its line of home thermostats (particularly the iconic round type), Garrett turbochargers, and automotive products sold under the names of Prestone, Fram, and Autolite.


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