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Honeywell
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Honeywell is a Fortune 100 company, ranked 94th in 2021. In 2021 the corporation had a global workforce of approximately 99,000 employees, down from 113,000 in 2019. The current chairman and chief executive officer (CEO) is Darius Adamczyk. The corporation's current name, Honeywell International Inc., is a product of the merger of Honeywell Inc. and AlliedSignal in 1999. The corporation headquarters were consolidated with AlliedSignal's headquarters in Morristown, New Jersey; however, the combined company chose the name "Honeywell" because of the considerable brand recognition. Honeywell was a component of the Dow Jones Industrial Average index from 1999 to 2 ...
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Honeywell Aerospace
Honeywell Aerospace is a manufacturer of aircraft engines and avionics, as well as a producer of auxiliary power units (APUs) and other aviation products. Headquartered in Phoenix, Arizona, it is a division of the Honeywell International conglomerate. It generates approximately $10 billion in annual revenue from a 50/50 mix of commercial and defense contracts. The company experienced a boom during World War II, when it equipped bomber planes with avionics and invented the autopilot. After the war, it transitioned to a heavier focus on peacetime applications. Today, Honeywell produces space equipment, turbine engines, auxiliary power units, brakes, wheels, synthetic vision, runway safety systems, and other avionics. A Honeywell APU was used in the notable emergency landing of US Airways Flight 1549, and a Honeywell blackbox survived under sea for years, thus exceeding by far its specified limits to reveal the details of the crash of Air France Flight 447. The company was a ...
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Mark Honeywell
Mark Charles Honeywell (December 29, 1874 – September 13, 1964) was an American electronics industrialist. He co-initiated the eponymous corporation Honeywell and was its first president and CEO (1927–1933). Early years and marriage Honeywell spent his childhood growing up in Wabash, Indiana, Wabash, Indiana and Florida. He had various jobs during his younger years, including working in the citrus and bicycle businesses, and in his father's Wabash mill. He graduated from Eastman Business College in Poughkeepsie (city), New York, Poughkeepsie, New York, in 1891. Honeywell was married twice. His first wife, Olive May Lutz, whom he married in 1899, died in 1939 as the result of a fall while on a boating excursion in Florida. In 1942, he married Eugenia (née Hubbard) Nixon, the widow of Don Morrison Nixon, a newspaperman from Wabash, Indiana. Eugenia died on February 8, 1974 in a house fire. Though originally believed to have been a faulty thermostat, the Wabash fire investigato ...
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Darius Adamczyk
Darius Adamczyk (born February 8, 1966) is an American businessman. He is the chairman and chief executive officer (CEO) of Honeywell, an American multinational conglomerate. Early life and education Adamczyk was born in Poland on February 8, 1966, and immigrated to the US at the age of 11, speaking no English. His family settled in Grand Rapids, Michigan. He went to Michigan State University to study electrical and computer engineering, where he received his bachelor's degree. He received a master's degree in computer engineering from Syracuse University, and an MBA from Harvard University. Career Adamczyk started his career with General Electric in 1988, as an electrical engineer. He later spent four years at Booz Allen Hamilton, a consulting firm, followed by positions at Ingersoll-Rand PLC and Metrologic. In 2008, Adamczyk was CEO of Metrologic Inc when Honeywell purchased the holding company for $720 million. After the purchase, Adamczyk joined Honeywell's executive team. He ...
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Intermec
Intermec is a manufacturer and supplier of automated identification and data capture equipment, including barcode scanners, barcode printers, mobile computers, RFID systems, voice recognition systems, and life cycle services. Intermec holds patents in RFID (Radio Frequency Identification) and customers include 75 percent of Fortune 500 companies and 60 percent of Fortune 100 companies. Intermec was traded on the New York Stock Exchange. On December 10, 2012, Intermec announced it agreed to be acquired by Honeywell International Inc. in an all-cash transaction valued at approximately $600 million. The Merger was approved by Intermec’s stockholders on March 19, 2013 and received regulatory approval from the European Commission on June 14, 2013. FTC clearance was announced on September 13, 2013. On September 17, 2013, Honeywell announced the completion of the acquisition of Intermec. Intermec will be integrated with Honeywell Scanning & Mobility, within the Honeywell Automati ...
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UOP LLC
Honeywell UOP, formerly known as UOP LLC or Universal Oil Products, is an American multi-national company developing and delivering technology to the petroleum refining, gas processing, petrochemical production, and major manufacturing industries. The company's roots date back to 1914, when the revolutionary Dubbs thermal cracking process created the technological foundation for today's modern refining industry. In the ensuing decades, UOP engineers generated thousands of patents, leading to important advances in process technology, profitability consultation, and equipment design. History UOP was founded in 1914 to exploit the market potential of patents held by inventors Jesse A. Dubbs and his son, Carbon Petroleum (C. P.) Dubbs. Perhaps because he was born in Pennsylvania oil country, Jesse Dubbs was enamored with the oil business. He even named his son Carbon after one of the elemental constituents of oil. Later, Carbon added the P. to make his name "euphonious," he said. Peop ...
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AlliedSignal
AlliedSignal was an American aerospace, automotive and engineering company created through the 1985 merger of Allied Corp. and Signal Companies. It subsequently purchased Honeywell for $14.8 billion in 1999, and thereafter adopted the Honeywell name and identity. AlliedSignal was a member of the Dow Jones Industrial Average from 1985 until February 19, 2008. History The Allied Chemical & Dye Corporation originated with the 1920 merger of five chemical companies: Barrett Paving Materials (est. 1852), General Chemical Company (est. 1899), National Aniline & Chemical Company (est. 1917), Semet-Solvay Company (est. 1895), and the Solvay Process Company (est. 1881). The consolidation occurred with the backing of chemist William Nichols, who became concerned about dependence on the German chemical industry during World War I, and financier Eugene Meyer. It acquired the Eltra Corporation in 1979. The company renamed itself the Allied Chemical Corporation in 1958, then simply the A ...
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Albert Butz
Albert Butz (1849–1905) was a Swiss-born American inventor and businessman who founded the Butz Thermo-electric Regulator Company that, through a series of re-organizations, name changes, and mergers, became Honeywell, Incorporated. Early life In 1857, at 8 years of age, he immigrated (assumed with his family) to the United States. At age 16, he enlisted in the Union Army, serving in "Wisconsin's 47th Infantry"—for the last six months of the conflict; the company did not see combat and no event of note took place. Later life and career In 1881, he appeared as a resident of Saint Paul, Minnesota. In 1884, Butz and partner R.J. Mendenhall formed a company called The Butz and Mendenhall Hand Grenade Fire Extinguisher Company. No documentation to support their product being sold, let alone advertised or manufactured. The damper flapper The damper flapper could control a coal fire furnace by operating the furnace damper from a thermostat. In 1885, Butz decided to patent ...
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Wabash, Indiana
Wabash is a city in Noble Township, Wabash County, in the U.S. state of Indiana. The population was 10,666 at the 2010 census. The city is the county seat of Wabash County. Wabash is notable as claiming to be the first electrically lighted city in the world, which was inaugurated on March 31, 1880. However, closer inspection of the reference shows only the court house grounds were lighted. It is also home to the historic Eagles Theatre, Paradise Spring Treaty Grounds (1826), the Wabash and Erie Canal, Presbyterian Church (1880), and Disciples of Christ Christian Church (1865). Geography Wabash is located at (40.800799, -85.827163). The Wabash river runs through the town, on its way towards Peru, where it splits creating a series of islands, and where the sandbars are quite common on this stretch. According to the 2010 census, Wabash has a total area of , of which (or 97.39%) is land and (or 2.61%) is water. Climate History The town of Wabash was platted in the sprin ...
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Thermostat
A thermostat is a regulating device component which senses the temperature of a physical system and performs actions so that the system's temperature is maintained near a desired setpoint (control system), setpoint. Thermostats are used in any device or system that heats or cools to a setpoint temperature. Examples include building heating, central heating, air conditioning, air conditioners, HVAC systems, water heating, water heaters, as well as kitchen equipment including ovens and refrigerators and medical and scientific incubator (culture), incubators. In scientific literature, these devices are often broadly classified as thermostatically controlled loads (TCLs). Thermostatically controlled loads comprise roughly 50% of the overall electricity demand in the United States. A thermostat operates as a Closed-loop control, "closed loop" control device, as it seeks to reduce the error between the desired and measured temperatures. Sometimes a thermostat combines both the s ...
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Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes. Many professionals consider it to be an inadequate representation of the overall U.S. stock market compared to a broader market index such as the S&P 500. The DJIA includes only 30 large companies. It is price-weighted, unlike stock indices which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor which is currently () approximately 0.152. The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the index is the second-oldest among U.S. mar ...
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RAE Systems
RAE Systems, Inc., or RAE System by Honeywell, is a provider of wireless, gas and radiation detection instruments and systems that enable real-time safety and security threat detection to help mitigate risk, and protect workers, contractors, the public, and assets.Lisa Sibley, Silicon Valley Business Journal." April 10, 2012, Retrieved February 12, 2013. RAE Systems is located in San Jose, California. The company was founded in 1991 by Robert I. Chen and Peter Hsi.The Wall Street Transcript.Robert I. Chen" December 3, 2007. Retrieved January 29, 2013. The company's competitors include Ion Science Ltd, Mine Safety Appliances, Industrial Scientific Corporation, and Dräger. Some of its customers include BP, Chevron Corporation, and Total Petroleum in the energy sector; United States Air Force, United States Navy, and United States Department of Homeland Security in the government sector; DuPont and Formosa Plastics Corp in other industry sectors.AZOSensors.RAE Systems Receives Frost ...
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DJIA
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes. Many professionals consider it to be an inadequate representation of the overall U.S. stock market compared to a broader market index such as the S&P 500. The DJIA includes only 30 large companies. It is price-weighted, unlike stock indices which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor which is currently () approximately 0.152. The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the index is the second-oldest among U.S. market i ...
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