Honeywell International Inc. operates as a technology and manufacturing company worldwide. The company offers aerospace products and services, turbochargers, control, sensing and security technologies for buildings, homes and industry, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business, and transportation. Segments The company operates through three segments, including Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Aerospace This segment supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors. This segment also manufactures turbochargers to improve the performance and efficiency of passenger cars and commercial vehicles. The Aerospace segment’s products and services include auxiliary power units, propulsion engines, environmental control systems, connectivity, electric power systems, engine controls, flight safety, communications, navigation, radar and surveillance systems, aircraft lighting, management and technical services, logistics services, advanced systems and instruments, aircraft wheels and brakes, repair and overhaul services, turbochargers and thermal systems. This segment sells its products to original equipment manufacturers (OEMs) in the air transport, regional, business and general aviation aircraft, and automotive and truck manufacturers segments; and provides spare parts and repair and maintenance services (principally to aircraft operators) for the aftermarket. ACS This segment provides products, software and technologies for environmental and energy solutions; sensors, switches and controls for sensing and productivity solutions; security and fire safety products; industrial safety products; and building solutions and services for homes, commercial buildings and industrial facilities. The ACS segment’s products and services include controls and displays for heating, cooling, indoor air quality, ventilation, humidification, combustion, lighting and home automation; advanced software applications for home/building control and optimization; sensors, switches, control systems and instruments for measuring pressure, air flow, temperature and electrical current; products, services and solutions for measurement, regulation, control and metering of gases and electricity; metering and communications systems for water utilities and industries; security, fire and gas detection; personal protection equipment; access control; video surveillance; remote patient monitoring systems; software and products for high performance data collection, including rugged mobile computers and printers, bar code scanners and voice technologies; and installation, maintenance and upgrades of systems that keep buildings safe, comfortable and productive. PMT This segment develops and manufactures advanced materials, process technologies and automation solutions. UOP provides process technology, products, including catalysts and adsorbents, equipment and consulting services to produce gasoline, diesel, jet fuel, petrochemicals and renewable fuels for the petroleum refining, gas processing, petrochemical, and other industries. Process Solutions provides automation control, instrumentation, services and advanced software for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries. Advanced Materials manufactures various high-performance products, including fluorocarbons, hydrofluoroolefins, caprolactam, resins, ammonium sulfate fertilizer, phenol, specialty films, waxes, additives, advanced fibers, customized research chemicals and intermediates, and electronic materials and chemicals Customers The company serves commercial aerospace OEMs and commercial aftermarket customers of aerospace products and services. It also serves the U.S. government (principally by its Aerospace segment) through its various departments and agencies, and through prime contractors, which includes sales to the U.S. Department of Defense, as a prime contractor and subcontractor. Research and Development For the year ended December 31, 2015, the company’s research and development expense totaled $1,856 million. Competition Aerospace: This segment’s major competitors include Borg-Warner (automotive), Garmin, General Electric, Rockwell Collins, Thales, and United Technologies. ACS: This segment’s major competitors comprise 3M, Johnson Controls, Schneider, Siemens, and Zebra-Motorola. PMT: This segment’s major competitors include Albemarle, BASF, Dow, Dupont, Emerson, and Sinopec. History Honeywell International Inc. was founded in 1920. The company was incorporated in Delaware in 1985.
honeywell international inc
(HON*:Mexico Stock Exchange)
115 Tabor Road
Morris Plains, NJ 07950
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