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: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Aerospace This segment is a supplier of 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 worldwide. This segment is also a manufacturer of turbochargers to improve performance and efficiency of passenger cars and commercial vehicles. This segment’s products and services include auxiliary power units; propulsion engines; environmental control systems; 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; and turbochargers and thermal systems. This segment sells its products to original equipment manufacturers in the air transport; regional, business and general aviation aircraft; and automotive and truck manufacturers segments, as well as provides spare parts and repair and maintenance services (principally to aircraft operators) for the aftermarket. ACS This segment is a provider of environmental and combustion controls, sensing controls, security and life safety products and services, scanning and mobility devices, and building solutions and services for homes, commercial buildings, and industrial facilities worldwide. This 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; security, fire, and gas detection; personal protection equipment; access control; video surveillance; remote patient monitoring systems; products for automatic identification and data collection; installation, maintenance, and upgrades of systems that keep buildings safe, comfortable, and productive; and automation and control solutions for industrial plants, including field instruments and advanced software and automation systems that integrate, control, and monitor complex processes in various types of industrial settings, as well as equipment that controls, measures, and analyzes natural gas production and transportation. PMT This segment engages in developing and manufacturing advanced materials, process technologies, and automation solutions worldwide. This segment’s UOP business 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. This segment’s Process Solutions business is a pioneer in automation control, instrumentation, and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries. This segment’s Advanced Materials businesses manufacture 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 original equipment manufacturers 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 include the U.S. Department of Defense. Research and Development The company’s research and development expense totaled $1,892 million in 2014. Competition Aerospace: This segment’s major competitors are Borg-Warner (automotive), Garmin, General Electric, Rockwell Collins, Thales, and United Technologies. ACS: This segment’s major competitors are 3M, Johnson Controls, Schneider, Siemens, and Zebra-Motorola. PMT: This segment’s major competitors are 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:London Stock Exchange)
101 Columbia Road
Morris Township, NJ 07962
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