February, 2010

Honeywell Chairman and CEO Dave Cote Named to U.S. Bipartisan National Commission on Fiscal Responsibility and Reform

Chairman and CEO Dave Cote introduces President Barack Obama at a 2009 media briefing in support of the U.S. Reinvestment and Recovery Plan. Honeywell Chairman and CEO Dave Cote was named to the Bipartisan National Commission on Fiscal Responsibility and Reform by U.S. President Barack Obama. The 18-member commission, which will be co-chaired by former [...]

Posted on Friday, February 26, 2010

Honeywell Expects Significant Sales, Earnings Per Share, and Cash Flow Growth Over Next Five Years

Honeywell announced that it expects approximately 6-8% compound annual sales growth over the next five years and is targeting segment margins in the range of 16-18% in five years. The company also expects continued strong cash flow generation over that time period. “Honeywell is a very different and much better company today,” said Honeywell Chairman [...]

Posted on Monday, February 22, 2010

Honeywell Adds Smart Grid Application to Its Prestige Programmable Thermostat System

Honeywell announced the addition of a Smart Grid application to its Prestige® programmable thermostat, enabling the device to automate energy consumption based on the homeowner’s programming specifications, such as preferred energy cost and usage. When Prestige is used as directed, Honeywell estimates that homeowner’s can reduce annual heating and cooling costs by up to 33% [...]

Posted on Monday, February 22, 2010

Honeywell Confirms First Quarter Sales of $7.2 – 7.6 billion, and Updates Earnings Per Share of $0.40 – 0.45

Company to Present its Long-Term Growth Outlook at its Annual Investor Conference on Monday, February 22nd Honeywell re-affirmed its full-year 2010 financial guidance, including sales of $31.3 – 32.2 billion and earnings per share (EPS) of $2.20-2.40. In addition, the company confirmed first quarter sales guidance of $7.2 – 7.6 billion and updated its first [...]

Posted on Friday, February 19, 2010

Honeywell Process Solutions President Receives Engineering Honors from Purdue University

Norm Gilsdorf, president of Honeywell Process Solutions (HPS), has been named a Distinguished Engineering Alumni (DEA) Award winner from his alma mater, Purdue University in West Lafayette, Indiana. Gilsdorf was selected for his outstanding technical and business achievements and his dedication to Purdue University. After graduating from Purdue in 1977 with a degree in chemical [...]

Posted on Friday, February 19, 2010

Honeywell’s Vice President of Global Security Is Named One of the “Most Influential People in Security”

John McClurg, Vice President of Honeywell Global Security, was named one of the “Most Influential People in Security” for 2009 by Security Magazine. The magazine called McClurg “one of the best leaders in the industry,” and acknowledged his responsibility for the strategic and tactical operations of Honeywell’s internal global security services. McClurg joined Honeywell in [...]

Posted on Wednesday, February 17, 2010