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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 [...]

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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 [...]

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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 [...]

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Honeywell’s LED Lighting Technology Helps Wal-Mart’s Green Initiative for Less Energy Consumption and More Efficiency

Honeywell’s world-leading LED lighting products have been adopted by 100 Wal-Mart stores in China, enabling the retail giant to reduce its energy consumption and cut operating costs. By installing Honeywell’s LED lighting products, each Wal-Mart store can cut its annual electricity consumption by around one million kilowatt-hours, which represents approximate savings of 50 percent in [...]

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Honeywell Acquires King’s Safetywear Limited; Expands Global Life Safety Business

Honeywell signed a definitive agreement to acquire King’s Safetywear Limited (KSW), a leading international provider of branded safety footwear based in Singapore, for approximately $338 million. The move builds on Honeywell’s Norcross and Sperian Acquisitions to create a leading $2 billion personal protection portfolio designed to protect workers from “head to toe” in a variety [...]

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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     – [...]

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