Energy Savings Performance Contracts

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 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’s Third Quarter Sales Up 14% To $9.3 Billion And Earnings Up 45% To $1.10 Per Share

Honeywell announced: • 3Q11 sales were up 14% to $9.3 billion versus $8.1 billion in 3Q10 – 8% organic growth reflects continued strength in end markets • 3Q11 earnings of $1.10 per share, an increase of 45% over $0.76 in 3Q10 – Segment profit growth and margin expansion in all segments – [...]

Posted on Friday, October 21, 2011

Eastern Illinois University and Honeywell Fire Up Biomass-Fueled Steam Plant

Eastern Illinois University (EIU) and Honeywell unveiled the school’s Renewable Energy Center (REC), one of the largest university biomass installations in the country, as part of a grand opening ceremony held on campus for students, faculty and the broader Charleston, Ill., community. The REC is a 19,000-square-foot steam plant that will provide heat for [...]

Posted on Monday, October 10, 2011

Honeywell and Opower Develop Next-Generation Tools to Reduce Energy Use and Costs in Homes

Honeywell and Opower, the nation’s leading energy information provider, announced plans to jointly develop energy management tools to help consumers cut their energy use and expenses. The companies will combine Honeywell’s expertise in residential automation and control systems with Opower’s industry-leading energy data analytics and customer engagement techniques to create intuitive, reliable and cost-effective technology [...]

Posted on Wednesday, September 14, 2011

Honeywell Chairman and CEO Dave Cote Appears on “Countdown to the Closing Bell” on Fox Business News

Honeywell Chairman and CEO Dave Cote discussed the strong performance in each of Honeywell’s four businesses, the first transatlantic flight which was powered by the company’s biofuels, and U.S. debt and deficit on “Countdown to the Closing Bell” with host Liz Claman on Fox Business News. During the interview, Cote said each of Honeywell’s four [...]

Posted on Wednesday, June 29, 2011