Honeywell can trace its roots back 125 years to 1885, when an inventor named Albert Butz patented the furnace regulator and alarm. He formed the Butz Thermo-Electric Regulator Co. in Minneapolis on April 23, 1886, and a few weeks later invented a simple, yet ingenious device that he called the “damper flapper.” Today, Honeywell holds [...]

Honeywell was named one of the “Top 10 Most Inventive Companies” in the U.S. by Forbes magazine. According to the article, “The U.S. companies that won the most patents last year also had high earnings and returns on capital, meaning they are good at wringing profits out of the money they invest.” Honeywell holds more [...]