Honeywell CEO resigns Sep 4, 2009
Mahoney takes over Honeywell Aerospace, a subsidiary of New Jersey-based Honeywell International Inc., during one of the worst slumps in the aerospace industry. The aerospace company, one of Arizona's largest employers with about 10,500 workers in the state, reported sales of $2. (AZCentral -- Business)
Honeywell exec to take the helm at First Solar Sep 4, 2009
Gillette, who has been CEO and president of the Phoenix-based Honeywell International Inc. division since early 2005, will move into the lead role at the Tempe-based First Solar (Nasdaq:FSLR) on Oct. 1. He will replace Mike Ahearn, who will remain with the company as its executive chairman working with policy setting. (Phoenix Business Journal, AZ)
Former GE Chief Welch `Better Every Day,' Expects Recovery From Discitis Aug 5, 2009
Welch also trained executives who went on to run some of the worlds biggest companies, including Boeing Co. and Honeywell International Inc., implementing many of the same cost-cutting and market-share initiatives he embraced. After leaving GE in September 2001, Welch went to Clayton Dubilier & Rice, where he helped the leveraged buyout firm assess new investments and expand overseas. (Bloomberg)
U.S. Sues First Choice Armor & Equipment For Providing Defective Bullet-Proof Vests To Law Enforcement Agencies Aug 4, 2009
The United States is already pursuing lawsuits against Toyobo Co., the manufacturer of the Zylon fiber used in the First Choice bullet-proof vests, as well as Second Chance Body Armor and Honeywell International Inc., two other companies that manufactured Zylon vests or components for those vests. The government has previously settled for more than $47 million with five other entities that allegedly were involved in the manufacture or sale of defective Zylon vests. (PR Newswire)
Arizona manufacturing at a crossroads Aug 2, 2009
The largest employers are Raytheon, with 11,539 workers; Honeywell International Inc.'s aerospace division in Phoenix, 10,725; and semiconductor maker Intel, 9,700. The average salary for Arizona manufacturing workers in 2007 was $57,627, compared with $40,000 for all workers, said the National Association of Manufacturers. (AZCentral -- Business)
CEOs Pay Their Own Way to Dine With Obama Aug 1, 2009
The CEOs were Ursula Burns of Xerox, Muhtar Kent of Coca-Cola, Randall Stephenson of AT Dave Cote of Honeywell International. White House staffers asked for the credit card numbers of all four and then charged them for the cost of the meal, Politico reports. (Newsmax)
Jessica book sales fall short Aug 1, 2009
Ursula Burns, CEO of Xerox; Muhtar Kent, CEO of Coca-Cola; Randall Stephenson, CEO of AT and Dave Cote, CEO of Honeywell International joined President Obama for lunch last month. When they were finished, White House staffers asked for their credit cards. (Yahoo News -- Jessica Lynch)
What Business Thinks of Obama Jul 30, 2009
23 when the e-mail from the White House went out to a handful of prominent executives, including CEOs Jeffrey Immelt of General Electric (), David Cote of Honeywell International (), Robert McDonald of Procter & Gamble (), and Antonio Perez of Kodak (). Two weeks earlier, at an occasionally testy meeting with the Business Roundtable, IBM () Chief Executive Sam Palmisano and others had told President Barack Obama and his advisers that they had big problems with his proposal to raise more than... (BusinessWeek)
Honeywell 2Q Earns Fall 38 Percent Jul 28, 2009
Honeywell International Inc. said Monday, July 27, its second quarter earnings dropped 38 percent as the company's businesses in troubled sectors like automobiles and construction continued to drag down its results ... Honeywell International Inc. said Monday its second quarter earnings dropped 38 percent as the company's businesses in troubled sectors like automobiles and construction continued to drag down its results. (ABC News -- Wire)
This is Not Your Father's HR Jul 25, 2009
firm that supplies HR software to North Shore and other companies such as Honeywell International (), , and Barclays (). In the past, HR managers did not have tools "to understand where does talent come from and how to get talent into the organization, and once they're in, how to pay them and keep them motivated and [manage] succession planning," he says. (BusinessWeek)
Data growth keeps IBM hopping even in slow economy Jul 19, 2009
Clients who use the center include American Express, Honeywell International Inc., Raytheon Co., Banner Health and Arizona Public Service Co., Terry said. IBM also uses the centers to try to lure business from competitors. (AZCentral -- Business)
5-Star Stocks Poised to Pop: ABB Jul 7, 2009
Honeywell International (NYSE: HON). CAPS Members Bullish on ABB Also Bullish on. (MSNBC -- Business)
Today in History Jul 3, 2009
- 2001, General Electric's $41 billion purchase of Honeywell International was vetoed by the European Union -- the first time a merger of two U.S. companies was stopped solely by European regulators. - 2005, a NASA space probe, Deep Impact, hit its comet target as planned in a mission to learn how the solar system formed. (Erie Times-News, PA)
New Law Effective Today Will Provide Free Mercury Thermostat Recycling & Help Protect Public Health Jul 2, 2009
Sanborn praised the efforts of Honeywell International Inc., as part of the Thermostat Recycling Corporation (TRC), and the California Retailers Association for supporting the recycling legislation. CPSC is an organization of local governments and other partners, formed to support development of EPR policy and its implementation. (PR Newswire)
Electronic monitors provide care without doctor Jun 29, 2009
The center is also testing more lower-tech home monitors, such as one made by Honeywell International that resembles a digital clock radio that is part of a pilot project involving 600 congestive heart failure patients in Northern California. In the mock living room was high-definition flat-panel TV equipped with video conferencing technology that can give a remote dermatologist a diagnostic-quality picture of a person's rash or other skin problem, Chai said. (San Francisco Chronicle)
OUR VIEW: EIU powers up its energy savings plans Jun 27, 2009
The university s contract with Honeywell International, Inc. calls for several energy upgrades across campus. The plan is to further reduce the college s consumption of electricity, steam and water, officials said. (Mattoon Journal-Gazette, IL)
Honeywell Agrees to Acquire Gas Measurement and Control Leader RMG Regel + Messtechnik Jun 26, 2009
Honeywell International () is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. (PR Newswire)
EIU board gives the OK for Renewable Energy Center Jun 23, 2009
Board members voted unanimously to hire Honeywell International, Inc. of Arlington Heights to oversee the construction of this new power plant off the northwest corner of Illinois Route 130 and Edgar Drive and the related measures at a cost not to exceed 80 million. The audience in the EIU Grand Ballroom applauded the vote. (Mattoon Journal-Gazette, IL)
Better forecast tools in works for airlines Jun 22, 2009
The latest radar products are three-dimensional, such as IntuVue from Honeywell International Inc. in Morris Township, N.J., which helps pilots determine the height of thunderheads. The three-dimensional systems, introduced less than three years ago, are in a small portion of the commercial aircraft fleet, said Chris Benich, director of aerospace regulatory affairs at the world's largest maker of airplane controls. (Honolulu Advertiser)
U.S. Leading Index in May Likely Capped First Back-to-Back Gain Since 2006 Jun 18, 2009
While the outlook for business jets remains weak amid the slump, officials at Honeywell International Inc., the worlds largest maker of airplane controls, detect signs of a recovery in some aerospace markets. If were looking for green shoots, there are some out there, Chief Executive Officer said this week in a Bloomberg Television interview from Paris. (Bloomberg -- US)
EIU board to consider construction contract for energy center Jun 18, 2009
CHARLESTON Eastern Illinois University s Board of Trustees expected approval of an 80 million contract with Honeywell International Inc. will be the next step in making the institution s planned Renewable Energy Center a reality. Trustees meet at 1 p.m. Monday in the Grand Ballroom of the Martin Luther King Jr. Union. (Mattoon Journal-Gazette, IL)
Push for executives' pay reforms grow Jun 16, 2009
The proxy advisory firm said the say on pay proposals recently won a majority at nine firms, including Pfizer, Honeywell International and Marathon Oil. Two companies, Apple and oil refiner Valero Energy, agreed to annual pay advisory votes. (Atlanta Journal-Constitution)
Probe focuses on Air France plane's speed Jun 5, 2009
The U.S. team also includes General Electric Aviation of Cincinnati, Ohio, which made the plane's engines, and Honeywell International Inc. of Morristown, N.J., which made the black boxes and parts of the communication and navigation systems. Seas were calm Thursday with periodic rain as ships converged on three debris sites to recover wreckage, but French military spokesman Christophe Prazuck said extreme cloudiness prevented U.S. satellites from helping. (MSNBC -- International)
Green 'gold rush' in new auto norms May 20, 2009
Potential winners range from established suppliers such as BorgWarner Inc, Honeywell International Inc and Johnson Controls Inc to battery makers such as start-up A123 Systems, Continental AG and LG Chem Ltd, analysts say. To improve fuel efficiency by as much as 40 per cent, major automakers will need to order a lot more turbochargers, more advanced lithium-ion batteries and more electric motors for cars and trucks already under development. (India Times)
Carpet recycling plant is thriving May 7, 2009
In 2007 Shaw acquired the facility as part of its Shaw Green Edge initiative from DSM Chemicals and Honeywell International, which developed the plant as a joint venture in 1999. Evergreen Plant contracts with DSM Chemicals, which operates the plant and supplies contract maintenance workers. (The Augusta Chronicle)
Bigger firms try to retain workers May 3, 2009
Among the top five employers, Honeywell International Inc. fell from fifth to eighth place after shedding about 2,000 jobs during the past year. Honeywell also mandated 15-day furloughs for some of its Arizona employees. (AZCentral -- Business)
Business briefs: Granite Park restaurant reopens after renovations Apr 28, 2009
Honeywell International Inc.'s quarterly profit dropped 38% as battered aircraft firms and automakers pulled back spending on the company's turbo chargers and jet electronics. Honeywell also cut its profit forecast, saying it underestimated the severity of the economic downturn. (Fresno Bee -- Business)
7-seat personal jet a family 'minivan' of future Apr 28, 2009
Another safety feature will be a terrain-awareness system developed by Honeywell International Inc. in Phoenix. Black said the typical buyer of a Vision would be a private pilot moving up from a high-performance single- or twin-engine aircraft. (AZCentral -- Business)
High-tech Speed Bump Detects Damage To Army Vehicles Apr 15, 2009
Purdue is working with the U.S. Army and Honeywell International Inc. to develop the technology ... The research has been funded by the U.S. Army and Honeywell International. (Science Daily)
U.S. institute names 99 top ethical companies Apr 13, 2009
The 99 companies, which include Honeywell International Inc, Nike Inc, Patagonia, BMW Bayerische Motoren Werke AG, Johnson Controls Inc and HSBC Holdings PLC, come from 35 different industries. "The mission of our group is to improve corporate behavior," said Alex Brigham, executive director of the Ethisphere Institute, an international think-tank based in New York dedicated to the advancement of best practices in business ethics, corporate social responsibility, anti-corruption and... (Yahoo News -- Top Stories)
Court orders Sallies to pay Honeywell $1.4m Apr 9, 2009
The International Chamber of Commerce International Court of Arbitration has ruled that mining group Sallies should pay Honeywell International $1. 4 million (about R13. (Business Report, South Africa)
Defense cuts could affect Arizona contractors Apr 7, 2009
Raytheon Co., Honeywell International Inc. and other defense contractors doing business in Arizona could lose millions of dollars under proposed program cuts that the Defense Department announced Monday ... Representatives for Raytheon Co., Honeywell International Inc., General Dynamics Corp. and other firms with local operations said Monday that it was premature to speculate on how the proposals might affect them because Congress has yet to approve the budget. (AZCentral -- Business)
Women's Soccer Completes Recruiting Class Mar 27, 2009
" Gutierrez was a prolific offensive performer during her senior season, producing team highs of 22 goals and 11 assists as Gilbert captured a fourth consecutive conference title. She was named to the All-State and All-Conference first teams and was tabbed conference Offensive Player of the Year. Gutierrez earned a second-team All-State nod as a junior and helped lead Gilbert to second place in the state that year following a state quarterfinals appearance in her freshman campaign. Gutierrez has... (Slubillikens.com)
Divorcing an ex-CEO: lawyers claim countess entitled to $140 million Mar 26, 2009
Lawyer William Beslow said Douglas-David also talked with David, 67, about UTC merger talks with manufacturer Honeywell International Inc., British security company Chubb and Australian lock manufacturer Padde. Stephen Sanchez, a spokesman for 3M in St. Paul, Minneapolis, said he would not comment. (Sydney Morning Herald -- World)
U.S. Construction Index Ticks up in February: AIA Mar 18, 2009
Companies that sell to this market include diversified manufacturer Honeywell International Inc , lighting maker Acuity Brands Inc and electrical components maker Thomas Corp , as well as heating and cooling systems makers Ingersoll-Rand Co Ltd and Johnson Controls Inc. Caterpillar Inc , Deere E.N>, Terex Corp , Illinois Tool Works Inc and Eaton Corp are also exposed to the sector. (ABC News -- Wire)
Honeywell unit tapped for biotech project Mar 13, 2009
The Process Solutions business is part of Honeywell International s (NYSE:HON) $14 billion Automation and Control Solutions group. Reader Comments. (Phoenix Business Journal, AZ)
Honeywell Altura Mar 13, 2009
Company: Honeywell International Inc.. Uniqueness: 90. (New York Post -- Entertainment)
Honeywell Technology Selected to Control Manufacturing Processes at Major U.S. Biotech Site Mar 12, 2009
Honeywell International is a $37 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials ... Experion(R) is a registered trademark and OneWireless(TM) is a trademark of Honeywell International Inc.. (PR Newswire)
5-Star Stocks Poised to Pop: Rockwell Collins Mar 11, 2009
Honeywell International (NYSE: HON). Raytheon (NYSE: RTN). (MSNBC -- Business)
Shuttle Mission to Boost Power on Space Station, Allow Expansion of Crew Mar 11, 2009
was the primary contractor on the truss, working with other firms such as , Loral Space & Communications Inc., Honeywell International Inc. and Hamilton Sundstrand Corp.. Urine Converter. (Bloomberg -- US)
Component Changes Made to Dow Jones Select Dividend Indexes Mar 7, 2009
In the Dow Jones U.S. Select Dividend Index, Wells Fargo & Co. (United States, Banks, WFC) will be replaced by Honeywell International Inc. (United States, Industrial Goods & Services, HON). Anheuser-Busch InBev N.V. and Wells Fargo & Co. are being removed due to a decrease in their dividend payments. (Primezone Releases)
Pay comparison: Kurt Warner vs. CEOs, sports stars, Arizona officials Mar 5, 2009
David Cote, chairman, Honeywell International Inc.: $18. 6 million. (Phoenix Business Journal, AZ)
Jury awards $2.6 million in asbestos case Mar 5, 2009
The lawyers claimed defendants Pneumo Abex LLC and Honeywell International Inc., through their corporate predecessors, conspired with other companies to suppress information about the hazards of asbestos. Information from: The Pantagraph, http://www. (Mattoon Journal-Gazette, IL)
Pricelock and pioneer nanotechnology firm pulling out of Houston Feb 27, 2009
Michael Bonsignore, former CEO of Honeywell International Inc., is founding chairman of the company. Pricelock develops and executes price-protection programs. (Houston Business Journal, TX)
Copter orders will taper off, Honeywell says Feb 26, 2009
"What we're seeing . . . is a fair amount of rescheduling of orders, some cancellations and not a lot of new orders being placed," said Charles Park, director of market analysis for the Phoenix-based division of Honeywell International Inc.. Based on interviews with 1,000 helicopter operators, the outlook forecasts purchase plans for 2009 through 2013. (AZCentral -- Business)
Honeywell Affirms 2009 Earnings Outlook Feb 24, 2009
NEW YORK (Reuters) - Honeywell International stood by its 2009 profit forecast despite a "much tougher" macroeconomic environment, the diversified U.S. manufacturer said on Monday. Chief Executive Dave Cote affirmed the company's 2009 earnings forecast of $3. (ABC News -- Wire)
State launches aerospace advisory board Feb 21, 2009
The private sector has a critical role to play in our state s economy, said Bob Johnson, former CEO of Honeywell International Inc. and now CEO of Dubai Aerospace Enterprise, who also will serve on the advisory board. By working with government and nonprofit organizations to fortify Arizona s education system, advance research and development, and ultimately creating competitive, high-paying jobs for our citizens, we all win. (Phoenix Business Journal, AZ)
Liens add up for work at Dick's store: $825,928 Feb 20, 2009
-based Honeywell International Inc. A phone message left Thursday for Greater Electric Corp. was also not returned. Both Jeff Hennion, chief marketing officer for Dick s, and Darrin Houseman, general manager of the mall, said they were not involved in the late payments. (Utica NY Obserer, NY)
Deal allows delivery of fire support truck Feb 19, 2009
National Grid NE Holdings, Honeywell International, and Beazer East Inc. each have paid $100,000 to settle claims related to injury of fish and other resources in the river, the state said yesterday. Settlement funds will go toward restoration of salt marsh. (Boston Globe)
ASU developing flexible-display screens Feb 14, 2009
Since then, ASU and Army researchers have worked with Honeywell International, Boeing, HP, General Dynamics, DuPont Teijin Films and several startup companies to lay the groundwork for mass-producing flexible displays. "We're poised to do more on the development side to show, demonstrate and scale the process," said Shawn O'Rourke, director of engineering at the Flexible Display Center. (AZCentral -- News)
Ion's positive charge Feb 10, 2009
That sort of experience prepared him for his current role, leading an engineering firm that competes with the likes of Honeywell International Inc. and IBM Corp. to design hardware for NASA and The Boeing Co.. Ion, which Maddox launched in 1984, now has about 50 employees and revenue of $13 million. (Twin Cities Business Journal, MN)
NTSB Releases Final Report on 2006 Sullivan Crash Feb 8, 2009
" Legal Action Robb is the lawyer of record for four lawsuits filed in conjunction with the crash. All four suits were filed in 2006. The first suit was brought Aug. 2, by Vivian and Susan Delacroix of Kent, England, parents of Victoria Delacroix. The second suit was filed Aug. 22, by Mark Cook and Annette Bachand, parents of Robert Cook. The third suit was filed in September by Barbara Berridge, mother of Melissa Berridge. The fourth lawsuit was filed by Steve Parrella in October of 2006.... (Missourian Publishing, MO)
