Honeywell

Honeywell

Overview


Honeywell International, Inc. is a major conglomerate company that produces a variety of consumer product
Consumer product
A consumer product is generally any tangible personal property for sale and that is used for personal, family, or household for non-business purposes. The determination whether a good is a consumer product requires a factual finding, on a case-by-case basis...

s, engineering
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

 services, and aerospace
Aerospace
Aerospace comprises the atmosphere of Earth and surrounding space. Typically the term is used to refer to the industry that researches, designs, manufactures, operates, and maintains vehicles moving through air and space...

 systems for a wide variety of customers, from private consumers to major corporation
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...

s and government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...

s.

Honeywell is a Fortune 100 company with a workforce of approximately 130,000, of which approximately 58,000 are employed in the United States.
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Encyclopedia


Honeywell International, Inc. is a major conglomerate company that produces a variety of consumer product
Consumer product
A consumer product is generally any tangible personal property for sale and that is used for personal, family, or household for non-business purposes. The determination whether a good is a consumer product requires a factual finding, on a case-by-case basis...

s, engineering
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

 services, and aerospace
Aerospace
Aerospace comprises the atmosphere of Earth and surrounding space. Typically the term is used to refer to the industry that researches, designs, manufactures, operates, and maintains vehicles moving through air and space...

 systems for a wide variety of customers, from private consumers to major corporation
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...

s and government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...

s.

Honeywell is a Fortune 100 company with a workforce of approximately 130,000, of which approximately 58,000 are employed in the United States. The company is headquartered in Morristown, New Jersey
Morristown, New Jersey
Morristown is a town in Morris County, New Jersey, United States. As of the 2010 United States Census, the town population was 18,411. It is the county seat of Morris County. Morristown became characterized as "the military capital of the American Revolution" because of its strategic role in the...

. Its current chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 is David M. Cote
David M. Cote
David M. "Dave" Cote is the Chairman and CEO of Honeywell. He was first elected president, CEO and a member of the Board of Honeywell in February 2002, and became chairman of the Board of Directors on July 1, 2002...

. The company and its corporate predecessors were part of the Dow Jones Industrial Average
Dow Jones Industrial Average
The Dow Jones Industrial Average , also called the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow...

 Index from December 7, 1925 until February 9, 2008.

The current "Honeywell International Inc." is the product of a merger in which Honeywell Inc. was acquired by the much larger AlliedSignal
AlliedSignal
AlliedSignal was an aerospace, automotive and engineering company that acquired and merged with Honeywell for $15 billion in 1999, after which the new group adopted the Honeywell name.AlliedSignal was created through a 1985 merger of Allied Corp...

 in 1999. The company headquarters were consolidated to AlliedSignal's headquarters in Morristown, New Jersey; however the combined company chose the name "Honeywell" because of its superior brand recognition.

Honeywell has many brands that consumers may recognize. Some of the most recognizable products are its line of home thermostats (particularly the iconic round type), Garrett turbochargers, and automotive products sold under the names of Prestone
Prestone
Prestone is an American brand of antifreeze marketed by FRAM Group IP LLC. It was originally made by Union Carbide, who spun off their consumer products in 1986 to form First Brands . In 1994, First Brands spun off the brand to its management and Vestar Capital Partners. AlliedSignal purchased...

, Fram
Fram (oil filter)
Fram is a brand of aftermarket automotive products known primarily for their oil filters. Other products sold under the Fram brandname include air filters, fuel filters, PCV valves, breather element filters, and similar products, almost all of which use the trademarked orange color...

, and Autolite.

History


Honeywell came into being through the invention of the damper flapper, a thermostat
Thermostat
A thermostat is the component of a control system which regulates the temperature of a system so that the system's temperature is maintained near a desired setpoint temperature. The thermostat does this by switching heating or cooling devices on or off, or regulating the flow of a heat transfer...

 for coal furnaces, by Albert Butz
Albert Butz
Albert Butz Swiss born inventor and businessman who immigrated to the United States in the 1850s and 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...

, in 1885 and subsequent innovations in electric motor
Electric motor
An electric motor converts electrical energy into mechanical energy.Most electric motors operate through the interaction of magnetic fields and current-carrying conductors to generate force...

s and process control
Process control
Process control is a statistics and engineering discipline that deals with architectures, mechanisms and algorithms for maintaining the output of a specific process within a desired range...

 by Minneapolis Heat Regulator Company tracing back to 1886. In 1906, Mark C. Honeywell
Mark C. Honeywell
Mark Charles Honeywell was a U.S. electronics industrialist. He founded the eponymous Honeywell, Incorporated and was its first president and CEO .-Early years and marriage:...

 founded Honeywell Heating Specialty Co., Inc. in Wabash
Wabash, Indiana
Wabash is a city in Noble Township, Wabash County, Indiana, United States. The population was 10,666 at the 2010 census. The city is the county seat of Wabash County....

, Indiana
Indiana
Indiana is a US state, admitted to the United States as the 19th on December 11, 1816. It is located in the Midwestern United States and Great Lakes Region. With 6,483,802 residents, the state is ranked 15th in population and 16th in population density. Indiana is ranked 38th in land area and is...

. Honeywell's company merged with Minneapolis Heat Regulator Company in 1927. The merged company was called the Minneapolis-Honeywell Regulator Company. Honeywell was its first president, W.R. Sweatt its first chairman. Honeywell established Honeywell Technology Solutions at Bangalore, India in 2002.

Sweatt leadership legacy


W.R. Sweatt and his son Harold provided 75 years of uninterrupted leadership for the company. W.R. Sweatt survived rough spots and turned an innovative idea – thermostatic heating control – into a thriving business. Harold, who took over in 1934, led Honeywell through a period of growth and global expansion that set the stage for Honeywell to become a global technology leader.

For more than thirty years the company annually presented the "H.W. Sweatt Engineer-Scientist Award" to individuals in recognition of their outstanding technical ability and contribution to technical accomplishment of significance for the company and their profession. The award program was canceled after the AlliedSignal and Honeywell merger in 1999.


James H. Binger


James H. Binger
James H. Binger
James Henry Binger was a lawyer who became Chairman and Chief Executive Officer of Honeywell. He was also a well known philanthropist, horse enthusiast and New York and Minneapolis theatre owner and entrepreneur.-Career:...

 joined Honeywell in 1943, and became its president in 1961 and its chairman in 1965. On becoming Chairman of Honeywell, Binger revamped the company sales approach, placing emphasis on profits rather than on volume. He also stepped up the company's international expansion – it had six plants producing 12% of the company's revenue. He also officially changed the company's corporate name from Minneapolis-Honeywell Regulator Co. to Honeywell.

From the 1950s until the mid-1970s, Honeywell was the United States' importer of Pentax
Pentax
Pentax is a brand name used by Hoya Corporation for its medical-related products & services and Pentax Ricoh Imaging Company for cameras, sport optics , etc. Hoya purchased and merged with the Japanese optics company on March 31, 2008. Hoya's Pentax imaging business was sold to Ricoh Company, Ltd...

 cameras and photographic equipment. These products were labeled Honeywell Pentax in the U.S. Under Binger's stewardship from 1961 to 1978 he expanded the company into such fields as defense, aerospace, computer.

Computing


Honeywell originally entered the computer business via a joint venture with Raytheon
Raytheon
Raytheon Company is a major American defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007...

 called Datamatic Corp., but soon bought out Raytheon's share and the business became a Honeywell division. The computer itself was called the Honeywell 800
Honeywell 800
The Datamatic Division of Honeywell announced the H-800 electronic computer in 1958. The first installation occurred in 1960. A total of 89 were delivered. The H-800 design was part of a family of 48-bit word, three-address instruction format computers that descended from the , which was a joint...

, later updated to the Honeywell 1800.

Honeywell also purchased minicomputer pioneer Computer Control Corporation, renaming it as Honeywell's Computer Control Division. Through most of the 1960s, Honeywell was one of the "Snow White and the Seven Dwarfs" of computing. IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

 was "Snow White," while the dwarfs were the seven significantly smaller computer companies - Burroughs, Control Data Corporation
Control Data Corporation
Control Data Corporation was a supercomputer firm. For most of the 1960s, it built the fastest computers in the world by far, only losing that crown in the 1970s after Seymour Cray left the company to found Cray Research, Inc....

, General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

, Honeywell, NCR
NCR Corporation
NCR Corporation is an American technology company specializing in kiosk products for the retail, financial, travel, healthcare, food service, entertainment, gaming and public sector industries. Its main products are self-service kiosks, point-of-sale terminals, automated teller machines, check...

, RCA
RCA
RCA Corporation, founded as the Radio Corporation of America, was an American electronics company in existence from 1919 to 1986. The RCA trademark is currently owned by the French conglomerate Technicolor SA through RCA Trademark Management S.A., a company owned by Technicolor...

, and UNIVAC
UNIVAC
UNIVAC is the name of a business unit and division of the Remington Rand company formed by the 1950 purchase of the Eckert-Mauchly Computer Corporation, founded four years earlier by ENIAC inventors J. Presper Eckert and John Mauchly, and the associated line of computers which continues to this day...

. Later, when their number had been reduced to five, ("By the 1970s, General Electric and RCA had left the business"), they were known as "The Bunch", after their initials: Burroughs, UNIVAC, NCR, Control Data Corporation, and Honeywell.

In 1963, Honeywell introduced a small business computer, the Honeywell 200
Honeywell 200
The Honeywell 200 was a character-oriented two-address commercial computer introduced by Honeywell in the early 1960s, the basis of later models including 1200, 1250, 2200, 3200, 4200 and the later 2070, and the character processor of the Honeywell 8200....

, to compete with IBM's 1401
IBM 1401
The IBM 1401 was a variable wordlength decimal computer that was announced by IBM on October 5, 1959. The first member of the highly successful IBM 1400 series, it was aimed at replacing electromechanical unit record equipment for processing data stored on punched cards...

. That began a product line that continued until the early 1970s.

In 1970, Honeywell bought General Electric's computer division. The company was reorganized into two operating units one of which was Honeywell Information Systems, headed by President Clarence (Clancy) Spangle.

In the 1980s, Honeywell developed the first Digital Process Communications protocol for its smart transmitters used in process measurement. Since then, smart communication protocols have evolved into various standardised types, such as the HART protocol and DE protocol.

In 1991 Honeywell's computer division was sold to Groupe Bull
Groupe Bull
-External links:* * — Friends, co-workers and former employees of Bull and Honeywell* *...

.

Defense interests


Honeywell entered the defense industry in World War II, at first producing aerospace elements. During and after the Vietnam Era
Vietnam Era
Vietnam Era is a term used by the United States Department of Veterans Affairs to classify veterans of the Vietnam War. The Vietnam Era is a considered to have begun in 1964 and ended in 1975. The U.S. Congress, U.S...

, Honeywell's defense division produced a number of products, including cluster bombs, missile guidance
Missile guidance
Missile guidance refers to a variety of methods of guiding a missile or a guided bomb to its intended target. The missile's target accuracy is a critical factor for its effectiveness...

 systems, napalm
Napalm
Napalm is a thickening/gelling agent generally mixed with gasoline or a similar fuel for use in an incendiary device, primarily as an anti-personnel weapon...

 and land mines. Minnesota Honeywell Corporation completed flight tests on an inertia guidance sub-system for the X-20 project at Eglin Air Force Base
Eglin Air Force Base
Eglin Air Force Base is a United States Air Force base located approximately 3 miles southwest of Valparaiso, Florida in Okaloosa County....

, Florida, utilizing an NF-101B Voodoo by August 1963. The X-20 project was canceled in December 1963. The Honeywell project
Honeywell project
The Honeywell Project was a peace group based in Minneapolis, Minnesota that existed from the late 1960s until about 1990. During its existence, the organization waged a campaign to convince the board and executives of the Honeywell Corporation to convert their weapons manufacturing business to...

, founded in 1968, organized protests against the company to persuade it to abandon weapons production

In 1990, Honeywell's defense division was spun off into Alliant Techsystems
Alliant Techsystems
Alliant Techsystems Inc., most commonly known by its ticker symbol, ', is one of the largest aerospace and defense companies in the United States with more than 18,000 employees in 22 states, Puerto Rico and internationally, and 2010 revenues in excess of an estimated...

. Honeywell continues to supply aerospace products including electronic guidance systems, cockpit instrumentation, lighting, and primary propulsion and secondary power turbine engines.

In 1996, Honeywell acquired Duracraft
Duracraft
Duracraft is a Southboro, Massachusetts-based company that makes home appliances, such as fans, humidifiers and air conditioners. The company was founded in the late 1980s by Tim Chen, Bernard Chiu and Ronald Izen. Duracraft manufactured its products in the United States, as well as China and South...

 and began marketing its products in the home comfort sector. Today, Kaz Incorporated
Kaz Incorporated
Kaz Incorporated is a manufacturer of small home appliances including air cleaners, humidifiers, fans, blood pressure monitors, heating pads, lawn & garden, and healthcare products....

 owns both Duracraft and Honeywell's home comfort lines.

Honeywell is in the consortium that runs the Pantex Plant
Pantex
The Pantex plant is America's only nuclear weapons assembly and disassembly facility and is charged with maintaining the safety, security and reliability of the nation’s nuclear weapons stockpile. The facility is located on a 16,000 acre site 17 miles northeast of Amarillo, in Carson County,...

 that assembles all of the nuclear bombs in the United States arsenal. Honeywell Federal Manufacturing & Technologies, successor to the defense products of AlliedSignal, operates the Kansas City Plant
Kansas City Plant
The Kansas City Plant is a National Nuclear Security Administration facility managed and operated by Honeywell Federal Manufacturing & Technologies that produces 85 percent of the nonnuclear material used in the United States nuclear bomb arsenal...

 which produces and assembles 85 percent of the non-nuclear components of the bombs.

Specialty materials


Honeywell’s Specialty Materials business can trace its heritage to a small sulfuric acid
Sulfuric acid
Sulfuric acid is a strong mineral acid with the molecular formula . Its historical name is oil of vitriol. Pure sulfuric acid is a highly corrosive, colorless, viscous liquid. The salts of sulfuric acid are called sulfates...

 company started by chemist William H. Nichols
William H. Nichols
William Henry Nichols was a famous chemist and businessman who was instrumental in building the chemical supply business in the U.S. The specialty materials business of Honeywell traces its roots back a small sulfuric acid company he started in 1870. Nichols was one of the original founders of the...

 in 1870. By the end of the 19th century, Nichols had formed several companies and was recognized as a force in America’s fledgling chemical industry. Nichols’s vision of a bigger, better chemical company took off when he teamed up with investor Eugene Meyer
Eugene Meyer
Eugene Isaac Meyer was an American financier, public official, publisher of the Washington Post newspaper. He served as Chairman of the Federal Reserve from 1930 to 1933. He was the father of publisher Katharine Graham.-Biography:Born in Los Angeles, California, he was one of eight children of...

 in 1920. Nichols and Meyer combined five smaller chemical companies to create the Allied Chemical & Dye Company, which later became Allied Chemical Corp., and eventually became part of AlliedSignal
AlliedSignal
AlliedSignal was an aerospace, automotive and engineering company that acquired and merged with Honeywell for $15 billion in 1999, after which the new group adopted the Honeywell name.AlliedSignal was created through a 1985 merger of Allied Corp...

, the forerunner of Honeywell’s Specialty Materials business. Meyer went on to serve in the Coolidge
Calvin Coolidge
John Calvin Coolidge, Jr. was the 30th President of the United States . A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state...

, Hoover
Herbert Hoover
Herbert Clark Hoover was the 31st President of the United States . Hoover was originally a professional mining engineer and author. As the United States Secretary of Commerce in the 1920s under Presidents Warren Harding and Calvin Coolidge, he promoted partnerships between government and business...

 and Truman administrations and to buy the Washington Post newspaper in 1933. Both he and Nichols have buildings named after them in Honeywell’s headquarters in Morristown, N.J. Andreas Kramvis is the current President and CEO of the Specialty Materials division.

GE-Honeywell merger attempt


General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

 announced in 2000 it would attempt to acquire Honeywell; at the time, Honeywell was valued at over $21 billion. The merger was cleared by American authorities but was blocked by the European Commission
European Commission
The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union's treaties and the general day-to-day running of the Union....

's competition commissioner, Mario Monti
Mario Monti
Mario Monti is an Italian economist and academic who is Prime Minister of Italy, as well as Minister of Economy and Finance, since November 2011. Monti served as a European Commissioner from 1995 to 2004, with responsibility for the Internal Market, Services, Customs and Taxation from 1995 to 1999...

, on July 3, 2001. This decision was taken on the grounds that GE's dominance of the small jet engine market (led by the General Electric CF34 turbofan
Turbofan
The turbofan is a type of airbreathing jet engine that is widely used for aircraft propulsion. A turbofan combines two types of engines, the turbo portion which is a conventional gas turbine engine, and the fan, a propeller-like ducted fan...

 engine), leasing services (GECAS
GE Commercial Aviation Services
GECAS is a unit of GE Capital, itself part of the large conglomerate General Electric. The president of GECAS is Norman Liu. GECAS is responsible for the leasing of aircraft and associated equipment to airlines...

), and Honeywell's portfolio of regional jet engines and avionics
Avionics
Avionics are electronic systems used on aircraft, artificial satellites and spacecraft.Avionic systems include communications, navigation, the display and management of multiple systems and the hundreds of systems that are fitted to aircraft to meet individual roles...

, the new company would be able to "bundle" products and stifle competition through the creation of a horizontal monopoly
Horizontal integration
In microeconomics and strategic management, the term horizontal integration describes a type of ownership and control. It is a strategy used by a business or corporation that seeks to sell a type of product in numerous markets...

. US regulators disagreed, finding that the merger would improve competition and reduce prices; United States Assistant Attorney General Charles James
Charles James
Charles James may refer to:* Charles James , football player* Charles James , former U.S. assistant attorney general* Charles James * Charles Pinckney James , U.S. federal judge...

 called the EU's decision "antithetical to the goals of antitrust law enforcement".
In 2007, General Electric acquired Smiths Aerospace
Smiths Aerospace
GE Aviation Systems .Smiths Aerospace was formerly one of four business units of Smiths Group plc., an engineering company and constituent of the FTSE 100 share index. However, it was announced on January 15, 2007 that Smiths Group was divesting Smiths Aerospace to General Electric for US $4.8...

, which had a similar product portfolio.

Today



The current "Honeywell International Inc." is the product of a merger between AlliedSignal
AlliedSignal
AlliedSignal was an aerospace, automotive and engineering company that acquired and merged with Honeywell for $15 billion in 1999, after which the new group adopted the Honeywell name.AlliedSignal was created through a 1985 merger of Allied Corp...

 and Honeywell Inc. in 1999. Although AlliedSignal was twice the size of Honeywell, the combined company chose the name "Honeywell" because of its superior brand recognition. However, the corporate headquarters were consolidated to AlliedSignal's headquarters in Morristown, New Jersey
Morristown, New Jersey
Morristown is a town in Morris County, New Jersey, United States. As of the 2010 United States Census, the town population was 18,411. It is the county seat of Morris County. Morristown became characterized as "the military capital of the American Revolution" because of its strategic role in the...

 rather than Honeywell's former headquarters in Minneapolis, Minnesota
Minneapolis, Minnesota
Minneapolis , nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the U.S. state of Minnesota, and the 48th largest in the United States...

. When Honeywell closed its corporate headquarters in Minneapolis, over one thousand employees lost their jobs. A few moved to Morristown or other company locations, but the majority were forced to find new jobs or retire. Soon after the merger, the company's stock fell significantly, and the stock value only regained the pre-merger level in 2007.

In January 2002 Knorr-Bremse
Knorr-Bremse
Knorr-Bremse is a manufacturer of braking systems for rail and commercial vehicles that has operated in the field for over 100 years. The company also produces door systems for rail vehicles and torsional dampers. In 2009, the Group's workforce of over 14,000 achieved worldwide sales of EUR 2.761...

 -- who had been operating in a joint venture with Honeywell International Inc -- assumed full ownership of its ventures in Europe, Brazil and the USA. Bendix Commercial Vehicle Systems (www.bendix.com) became a subsidiary of Knorr-Bremse AG. Although declining in influence, Honeywell maintains a presence in emerging industries, such as Northern Alberta
Alberta
Alberta is a province of Canada. It had an estimated population of 3.7 million in 2010 making it the most populous of Canada's three prairie provinces...

's Oilsands. Honeywell's Plant integrator is currently deployed in some of the most important plant-sites in the Oilsands (i.e. Syncrude
Syncrude
Syncrude Canada Ltd. is the world's largest producer of synthetic crude oil from oil sands and the largest single source producer in Canada. It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of of oil, equivalent to about 13% of Canada's consumption...

, Suncor and others).

In December 2004, Honeywell made a £1.2bn ($2.3bn) bid for Novar plc
Novar plc
Novar plc was an international group based in the United Kingdom with core activities in Security Systems, Aluminium Extrusion and Cheque Printing. It was bought by Honeywell in 2005, and its activities merged...

. The acquisition was finalized on March 31, 2005.

In October 2008, Honeywell Ltd. was named one of "Canada's Top 100 Employers
Canada's Top 100 Employers
Canada's Top 100 Employers is an annual competition that recognizes the best places in Canada to work. First held in 1999, the project aims to single out the employers that lead their industries in offering exceptional working conditions and progressive human resources policies. Winners are...

" by Mediacorp Canada Inc., and was featured in Maclean's
Maclean's
Maclean's is a Canadian weekly news magazine, reporting on Canadian issues such as politics, pop culture, and current events.-History:Founded in 1905 by Toronto journalist/entrepreneur Lt.-Col. John Bayne Maclean, a 43-year-old trade magazine publisher who purchased an advertising agency's in-house...

newsmagazine. Later that month, Honeywell was also named one of Greater Toronto's Top Employers
Greater Toronto's Top Employers
Greater Toronto's Top Employers is an annual competition that recognizes the best places to work in the Greater Toronto Area...

, which was announced by the Toronto Star
Toronto Star
The Toronto Star is Canada's highest-circulation newspaper, based in Toronto, Ontario, Canada. Its print edition is distributed almost entirely within the province of Ontario...

 newspaper.

Six Sigma Plus


Honeywell International is known for its aggressive implementation and daily practice of six sigma
Six Sigma
Six Sigma is a business management strategy originally developed by Motorola, USA in 1986. , it is widely used in many sectors of industry.Six Sigma seeks to improve the quality of process outputs by identifying and removing the causes of defects and minimizing variability in manufacturing and...

 and lean manufacturing
Lean manufacturing
Lean manufacturing, lean enterprise, or lean production, often simply, "Lean," is a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful, and thus a target for elimination...

 methodologies commonly referred to as Six Sigma Plus. Six Sigma Plus is focused on reducing errors/failures, improving cycle time, and reducing costs. Recently, Honeywell announced the implementation of a corporate philosophy known as the Honeywell Operating System (HOS), which incorporates practices similar in name only to the Toyota Production System
Toyota Production System
The Toyota Production System is an integrated socio-technical system, developed by Toyota, that comprises its management philosophy and practices. The TPS organizes manufacturing and logistics for the automobile manufacturer, including interaction with suppliers and customers...

.

Honeywell Technology Solutions


Honeywell Technology Solutions (HTS) is an R&D (research and development) division within Honeywell dedicated to innovative product research. HTS is headquartered in Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...

, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

 with an employee strength of over 5000. HTS has development Centers in Hyderabad (India), Madurai
Madurai
Madurai is the third largest city in the Indian state of Tamil Nadu and one of the oldest continuously inhabited cities in the world. It served as the capital city of the Pandyan Kingdom. It is the administrative headquarters of Madurai District and is famous for its temples built by Pandyan and...

 (India), Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

 (China), and Brno
Brno
Brno by population and area is the second largest city in the Czech Republic, the largest Moravian city, and the historical capital city of the Margraviate of Moravia. Brno is the administrative centre of the South Moravian Region where it forms a separate district Brno-City District...

 (Europe, Czech Republic). Most of the flight management systems are made and tested at these labs. HTS offers technological and R&D services to the various business units of Honeywell International, mainly Aerospace, Automation and Control Solutions (ACS), Speciality Materials and Transportation Systems. Recently the company started producing car parts also such as radiators.

Corporate governance


Current members of the board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 of Honeywell are: Gordon Bethune, Jaime Chico Pardo, David Cote
David M. Cote
David M. "Dave" Cote is the Chairman and CEO of Honeywell. He was first elected president, CEO and a member of the Board of Honeywell in February 2002, and became chairman of the Board of Directors on July 1, 2002...

, Scott Davis, Linnet F. Deily, Clive Hollick, James Howard, Bruce Karatz
Bruce Karatz
Bruce Karatz is an American homebuilder and philanthropist noted for his role as CEO in the development of KB Home from 1972 through 2006, and for his philanthropic efforts to help re-build Los Angeles after the L.A. Riots and New Orleans following Hurricane Katrina...

, Russ Palmer, Ivan Seidenberg
Ivan Seidenberg
Ivan Seidenberg was the Chairman and CEO of Verizon Communications. He is also the current Chairman of the Business Roundtable. Effective Aug. 1, Lowell McAdam, currently President and COO of Verizon Communications, will succeed Seidenberg as CEO...

, Brad Sheares, Eric Shinseki
Eric Shinseki
Eric Ken Shinseki is a retired United States Army four-star general who is currently serving as the 7th United States Secretary of Veterans Affairs. His final U.S. Army post was as the 34th Chief of Staff of the Army...

, John R. Stafford, and Michael W. Wright
Michael W. Wright
Michael W. Wright is a Minneapolis business executive who has served as chief executive officer of SuperValu and who currently is a director of Wells Fargo & Company....

.

Environmental record


The United States Environmental Protection Agency
United States Environmental Protection Agency
The U.S. Environmental Protection Agency is an agency of the federal government of the United States charged with protecting human health and the environment, by writing and enforcing regulations based on laws passed by Congress...

 states that no corporation has been linked to a greater number of Superfund
Superfund
Superfund is the common name for the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 , a United States federal law designed to clean up sites contaminated with hazardous substances...

 toxic waste sites than has Honeywell. Honeywell ranks 44th in a list of U.S. corporations most responsible for air pollution, releasing more than 4.25 million kg (9.4 million pounds) of toxins per year into the air. In 2001, Honeywell agreed to pay $150,000 in civil penalties
Civil penalty
A civil penalty or civil fine is a term used to describe when a state entity, government agency, or private party seeks monetary relief against an individual as restitution for wrongdoing by the individual. The wrongdoing is typically defined by a codification of legislation, regulations, and decrees...

 and to perform $772,000 worth of reparations for environmental violations involving:
  • failure to prevent or repair leaks of hazardous organic pollutants into the air
  • failure to repair or report refrigeration equipment containing chlorofluorocarbons
  • inadequate reporting of benzene
    Benzene
    Benzene is an organic chemical compound. It is composed of 6 carbon atoms in a ring, with 1 hydrogen atom attached to each carbon atom, with the molecular formula C6H6....

    , ammonia
    Ammonia
    Ammonia is a compound of nitrogen and hydrogen with the formula . It is a colourless gas with a characteristic pungent odour. Ammonia contributes significantly to the nutritional needs of terrestrial organisms by serving as a precursor to food and fertilizers. Ammonia, either directly or...

    , nitrogen oxide
    Nitrogen oxide
    Nitrogen oxide can refer to a binary compound of oxygen and nitrogen, or a mixture of such compounds:* Nitric oxide, also known as nitrogen monoxide, , nitrogen oxide* Nitrogen dioxide , nitrogen oxide...

    , dichlorodifluoromethane
    Dichlorodifluoromethane
    Dichlorodifluoromethane , is a colorless gas, and usually sold under the brand name Freon-12, is a chlorofluorocarbon halomethane , used as a refrigerant and aerosol spray propellant. Complying with the Montreal Protocol, its manufacture was banned in the United States along with many other...

    , sulfuric acid
    Sulfuric acid
    Sulfuric acid is a strong mineral acid with the molecular formula . Its historical name is oil of vitriol. Pure sulfuric acid is a highly corrosive, colorless, viscous liquid. The salts of sulfuric acid are called sulfates...

    , sulfur dioxide
    Sulfur dioxide
    Sulfur dioxide is the chemical compound with the formula . It is released by volcanoes and in various industrial processes. Since coal and petroleum often contain sulfur compounds, their combustion generates sulfur dioxide unless the sulfur compounds are removed before burning the fuel...

    , and caprolactam
    Caprolactam
    Caprolactam is an organic compound with the formula 5CNH. This colourless solid is a lactam or a cyclic amide of caproic acid. Approximately 2 billion kilograms are produced annually...

     emissions


In 2003, a federal judge in Newark, New Jersey
Newark, New Jersey
Newark is the largest city in the American state of New Jersey, and the seat of Essex County. As of the 2010 United States Census, Newark had a population of 277,140, maintaining its status as the largest municipality in New Jersey. It is the 68th largest city in the U.S...

 ordered the company to perform an estimated $400 million environmental remediation of chromium
Chromium
Chromium is a chemical element which has the symbol Cr and atomic number 24. It is the first element in Group 6. It is a steely-gray, lustrous, hard metal that takes a high polish and has a high melting point. It is also odorless, tasteless, and malleable...

 waste, citing "a substantial risk of imminent damage to public health and safety and imminent and severe damage to the environment". In the same year, Honeywell paid $3.6 million to avoid a federal trial regarding its responsibility for trichloroethylene
Trichloroethylene
The chemical compound trichloroethylene is a chlorinated hydrocarbon commonly used as an industrial solvent. It is a clear non-flammable liquid with a sweet smell. It should not be confused with the similar 1,1,1-trichloroethane, which is commonly known as chlorothene.The IUPAC name is...

 contamination in Lisle, Illinois
Lisle, Illinois
Lisle is a village in DuPage County, Illinois, United States. The population was 22,930 at the 2011 census, and estimated to be 23,135 as of 2008. It is part of the Chicago metropolitan area and the Illinois Technology and Research Corridor...

. In 2004, the State of New York announced that it would require Honeywell to complete an estimated $448 million cleanup of more than 74,000 kg (165,000 lbs) of mercury and other toxic waste dumped into Onondaga Lake
Onondaga Lake
Onondaga Lake is a lake in Central New York located northwest of Syracuse, New York. The southeastern end of the lake and the southwestern shore abut industrial areas and expressways; the northeastern shore and northwestern end border a series of parks and museums. Although it is near the Finger...

 in Syracuse, NY. In 2005, the state of New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

 sued Honeywell, Occidental Petroleum
Occidental Petroleum
Occidental Petroleum Corporation is a California-based oil and gas exploration and production company with operations in the United States, the Middle East, North Africa, and South America...

, and PPG
PPG
PPG may stand for:* PPG Industries, a U.S. manufacturer, and its PPG Place office complex* PPG tankette, a Soviet armoured vehicle* Pacific Proving Grounds, a former US-operated nuclear test site* Palm Products GmbH, an audio synthesizer company...

 to compel cleanup of more than 100 sites contaminated with chromium
Chromium
Chromium is a chemical element which has the symbol Cr and atomic number 24. It is the first element in Group 6. It is a steely-gray, lustrous, hard metal that takes a high polish and has a high melting point. It is also odorless, tasteless, and malleable...

, a metal linked to lung cancer
Lung cancer
Lung cancer is a disease characterized by uncontrolled cell growth in tissues of the lung. If left untreated, this growth can spread beyond the lung in a process called metastasis into nearby tissue and, eventually, into other parts of the body. Most cancers that start in lung, known as primary...

, ulcer
Peptic ulcer
A peptic ulcer, also known as PUD or peptic ulcer disease, is the most common ulcer of an area of the gastrointestinal tract that is usually acidic and thus extremely painful. It is defined as mucosal erosions equal to or greater than 0.5 cm...

s, and dermatitis
Dermatitis
-Etymology:Dermatitis derives from Greek derma "skin" + -itis "inflammation" and genetic disorder.-Terminology:There are several different types of dermatitis. The different kinds usually have in common an allergic reaction to specific allergens. The term may describe eczema, which is also called...

. In 2008, the state of Arizona
Arizona
Arizona ; is a state located in the southwestern region of the United States. It is also part of the western United States and the mountain west. The capital and largest city is Phoenix...

 made a settlement with Honeywell to pay a $5 million fine and contribute $1 million to a local air-quality cleanup project, after allegations of breaking water-quality and hazardous-waste laws on hundreds of occasions between the years of 1974 and 2004.

In 2006, Honeywell announced that its decision to stop manufacturing mercury switch
Mercury switch
A mercury switch is a switch whose purpose is to allow or interrupt the flow of electric current in an electrical circuit in a manner that is dependent on the switch's physical position or alignment relative to the direction of the "pull" of earth's gravity, or other inertia.Mercury switches...

es had resulted in reductions of more than 11,300 kg, 2800 kg, and 1500 kg respectively of mercury
Mercury (element)
Mercury is a chemical element with the symbol Hg and atomic number 80. It is also known as quicksilver or hydrargyrum...

, lead
Lead
Lead is a main-group element in the carbon group with the symbol Pb and atomic number 82. Lead is a soft, malleable poor metal. It is also counted as one of the heavy metals. Metallic lead has a bluish-white color after being freshly cut, but it soon tarnishes to a dull grayish color when exposed...

, and chromic acid
Chromic acid
The term chromic acid is usually used for a mixture made by adding concentrated sulfuric acid to a dichromate, which may contain a variety of compounds, including solid chromium trioxide. This kind of chromic acid may be used as a cleaning mixture for glass. Chromic acid may also refer to the...

 usage. The largest reduction represents 5% of mercury use in the United States. The EPA acknowledged Honeywell's leadership in reducing mercury use through a 2006 National Partnership for Environmental Priorities (NPEP) Achievement Award for discontinuing the manufacturing of mercury switches.

Honeywell philanthropy


Honeywell maintains a very active community involvement program called "Hometown Solutions". Program initiatives include matching employee volunteer involvement with charitable donations, encouraging study of math and science, re-building after hurricane Katrina and a long-standing partnership with the National Center for Missing and Exploited Children called "Got2bSafe". Literature produced by Got2bSafe has been distributed to more than 72,000 schools across America, representing every school district in the U.S. and the program has reached more than 5 million elementary school students. Honeywell is also involved in the Honeywell Nobel Initiative, a program that takes Physics and Chemistry Nobel Laureates to lecture at special programs all around the world and seeks to make these lectures available online.

See also


  • AlliedSignal
    AlliedSignal
    AlliedSignal was an aerospace, automotive and engineering company that acquired and merged with Honeywell for $15 billion in 1999, after which the new group adopted the Honeywell name.AlliedSignal was created through a 1985 merger of Allied Corp...

  • Electronics for Medicine
    Electronics for Medicine
    Electronics for Medicine, commonly known as "E for M," was a pioneering company in medical electronics. Founded in the 1950s to make instrumentation for recording physiological signals from the heart, it was based in Westchester County, New York....

  • Garrett AiResearch
    Garrett AiResearch
    Garrett AiResearch was a manufacturer of turboprop engines and turbochargers, and a pioneer in numerous aerospace technologies. It was previously known as Aircraft Tool and Supply Company, Garrett Supply Company, AiResearch Manufacturing Company, or simply AiResearch...

  • Honeywell Aerospace
    Honeywell Aerospace
    Honeywell Aerospace is a major provider of aircraft engines, APUs, avionics, and other systems in the aerospace industry. Headquartered in Phoenix, Arizona, it is a division of the Honeywell International conglomerate.-Aircraft engines:...

  • Honeywell Turbo Technologies
  • Honeywell First Responder Products
    Honeywell First Responder Products
    Honeywell First Responder Products is a manufacturer and provider of Morning Pride bunker gear and helmets, PRO-Warrington, Ranger and Servus boots, American Firewear gloves, hoods and other protective equipment for fire fighters and other types of first responders. Honeywell First Responder...

  • Honeywell Life Safety Group
    Honeywell Life Safety Group
    Honeywell Life Safety Group is a branch of Honeywell International that specializes in life safety systems and devices, including fire alarm systems, personal protective equipment, and patient monitoring systems...

  • Novar plc
    Novar plc
    Novar plc was an international group based in the United Kingdom with core activities in Security Systems, Aluminium Extrusion and Cheque Printing. It was bought by Honeywell in 2005, and its activities merged...

  • Sperry Corporation
    Sperry Corporation
    Sperry Corporation was a major American equipment and electronics company whose existence spanned more than seven decades of the twentieth century...

  • Top 100 US Federal Contractors
    Top 100 US Federal Contractors
    The Top 100 Contractors Report is a list developed annually by the U.S. General Services Administration as part of its tracking of U.S. federal government procurement....

  • CYBRA
    CYBRA
    - History :CYBRA Corporation was founded as a New York corporation in 1985. The Company is a software developer, publisher, and systems integrator in the IBM midrange market...


External links