Number of employees 131,000 (2016) Website Honeywell International Inc. Is an American multinational company that produces a variety of commercial and, engineering services and systems for a wide variety of customers, from private consumers to major corporations and governments.

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The company operates four business units, known as Strategic Business Units –, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), and Honeywell Performance Materials and Technologies. Honeywell is a company. In 2016, Honeywell ranked 73rd in the Fortune 500. Honeywell has a global workforce of approximately 130,000, of whom approximately 58,000 are employed in the United States. The company is headquartered in. Its current chief executive officer is. The company and its corporate predecessors were part of the 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 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. In 2015, the headquarters were moved to Morris Plains. Honeywell has many brands that commercial and retail consumers may recognize, including its line of home (particularly the iconic round type) and.

In addition to consumer home products Honeywell itself produces, such as thermostats, sensors, security alarm systems, and air cleaners and dehumidifiers, the company also licenses its brand name for use in various retail products made by partner manufacturers such as air conditioners, heaters, fans, security safes, home generators, and paper shredders. Contents • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • History [ ] Early years: 1885–1927 [ ] Although Mark Honeywell’s Heating Specialty Company was not established until 1906, today’s Honeywell traces its roots back to 1885 when the Swiss-born invented the damper-flapper, a for coal furnaces, to automatically regulate heating systems. Batman Begins Psp Download Cso Nst. The following year 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 growing debts, and they underwent several name changes in an attempt to keep the business afloat.

After the company was renamed to the Electric Heat Regulator Company in 1893,, a stockholder in the company, was sold 'an extensive list of patents' and named secretary-treasurer.: 22 On February 23, 1898 he bought out the remaining shares of the company from the other stockholders. In 1906, Mark Honeywell founded the Honeywell Heating Specialty Company in, to manufacture and market his invention, the mercury seal generator. 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 renamed Minneapolis Heat Regulator Company. This led to the merging of both companies into the publicly held Minneapolis-Honeywell Regulator Company in 1927. Honeywell was named the company's first president, alongside as its first chairman. Expansion: 1927–1985 [ ] W.R. Sweatt and his son Harold provided 75 years of uninterrupted leadership for the company.

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. The merger into the Minneapolis-Honeywell Regulator Company proved to be a saving grace for the corporation. The 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 Time-O-Stat Controls Company, giving the company access to a greater number of patents to be used in their controls systems.

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 that same year, Minneapolis-Honeywell would also start 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.