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Honeywell Reports Full-Year Sales Up 13% to $36.5 Billion; Proforma Earnings Up 35% To $4.05 Per Share; And Reported Earnings Per Share Of $2.61

Honeywell announced fourth quarter and full-year 2011 results as follows: • 4Q11 sales were up 8% to $9.5 billion versus $8.7 billion in 4Q10 – 7% organic growth reflects continued strength in most end markets and the contribution of new product launches and geographic expansion • 4Q11 proforma earnings (excluding the impact of pension [...]

Posted on Friday, January 27, 2012

Honeywell Expanding Turbocharger Portfolio in India

Honeywell Turbo Technologies (HTT), the global leader in automotive turbocharger development, showcased an industry first turbocharger application for micro diesel engines as well as its expanded portfolio of turbochargers featuring global technologies not previously offered in India at the 11th Auto Expo 2012. HTT developed a turbo application with optimized aerodynamics for micro 2-cylinder diesel [...]

Posted on Thursday, January 26, 2012

Honeywell’s UOP Selected to Provide Petrochemicals Production Technology for Two Key Projects in South Korea

UOP LLC, a Honeywell company, announced that it has been selected by Samsung Total Petrochemicals Co., Ltd. to provide technologies for the production of key petrochemicals and high-quality diesel and jet fuel at its complex in Daesan, South Korea. The integrated aromatics complex will be the first to employ the latest energy-efficient designs from UOP, [...]

Posted on Wednesday, January 25, 2012

Honeywell and TEDA Launch China’s First Demand Response Project Under United States-China Smart Grid Cooperative

Aldous Wong, HBS Vice President & General Manager, North Asia, shakes hands with Ai Yamin, Deputy Director of TEDA at the signing ceremony. Honeywell signed an agreement with the Tianjin Economic-Technological Development Area (TEDA) to implement China’s first Smart Grid Demand Response project. State Grid Electric Power Research Institute selected Honeywell to develop the project [...]

Posted on Friday, January 13, 2012

Honeywell Acquires Fire Sentry Corporation

Honeywell acquired Fire Sentry Corporation, a privately-held manufacturer of innovative fire detection and control products for a broad range of industrial markets. The terms of the transaction were not disclosed. Based in Yorba Linda, California, Fire Sentry’s product portfolio consists of fast-responding electro-optical flame detectors, portable test lamps, and dedicated control panels that are used [...]

Posted on Friday, January 6, 2012

Honeywell Tapped to Overhaul Video Surveillance at Niagara Falls Casino

Honeywell was selected to overhaul the video surveillance system at Casino Niagara, one of the top tourism attractions in Canada’s famed Niagara Falls. The project includes retrofitting the existing surveillance network with IP video technology that will allow casino officials to use a single command and control center to view and remotely manage the systems [...]

Posted on Tuesday, December 20, 2011