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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’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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Honeywell Introduces Solstice™ Brand Name for Low-Global-Warming Materials

  Honeywell announced the launch of the Solstice™ brand name for its low-global-warming-potential (GWP) materials. The brand will be used for the family of stationary and mobile refrigerants, blowing agents, propellants and solvents that Honeywell continues to develop and commercialize for its customers. Solstice products are based on Honeywell’s new hydrofluoro-olefin technology and help customers [...]

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Honeywell to Invest $33 Million In Louisiana Facility

Honeywell will invest $33 million in its Baton Rouge, Louisiana, manufacturing facility – one of the leading suppliers of refrigerants in the U.S. – to produce a low-global-warming material used in insulation and aerosols. This investment will provide the Baton Rouge facility with the ability to produce Honeywell’s new low-global-warming-potential (GWP) blowing agent and propellant [...]

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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 [...]

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Honeywell Triples Production Capacity of Low-Global-Warming Blowing Agent

Honeywell tripled production capacity for its low-global-warming-potential (GWP) product HFO-1234ze to meet the growing need for the material, which is used in multiple foam and aerosol applications. The production expansion was made at Honeywell’s small-scale HFO-1234ze manufacturing facility at its Buffalo Research Lab in Buffalo, N.Y. It was achieved through equipment upgrades and overall productivity [...]

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