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Honeywell 2Q 2014 Sales Up 6% To $10.3 Billion; EPS Of $1.38 Per Share

Honeywell announced its results for the second quarter of 2014 with sales growth of 6 percent over previous year earnings.  Organic sales were up 3% due to strong execution across the portfolio and earnings per share (EPS) up 8 percent to $1.38.  The company announced that it is raising its low-end proforma EPS guidance to [...]

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Honeywell Celebrates 10th Anniversary Of Inspiration At Honeywell Educators @ Space Academy

Honeywell Educators @ Space Academy (HESA) celebrated its 10th anniversary of helping math and science teachers inspire the next generation of scientists. With demand growing for STEM-related jobs and only 16 percent of high school seniors proficient in mathematics, the program – which includes two simulated Space Shuttle Missions – takes teachers beyond the classroom and [...]

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Eighty Percent of Chinese Drivers Seek Improved Fuel Economy For Next Vehicle

Results of an online survey conducted by Honeywell Turbo Technologies in China reveal only one-third of respondents are satisfied with their current vehicle’s fuel economy, and an overwhelming 80 percent seek fuel economy savings of at least 10 percent to be satisfied with their next vehicle purchase. Click to watch a video about the appeal [...]

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Honeywell Completes Sale Of Its Friction Materials Business To Federal-Mogul

Honeywell has completed the sale of its Friction Materials (FM) business to Federal-Mogul in a cash transaction valued at approximately $155 million. The transaction does not include the Bendix® name or line of products or business in the United States.  In addition, joint ventures that operate in Australia, Thailand, and Malaysia will be retained as [...]

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Dave Cote Urges for Ex-Im Bank Reauthorization on CNBC

Honeywell Chairman and CEO Dave Cote appeared on CNBC Closing Bell to speak with host Kelly Evans about the need to reauthorize the Export-Import (Ex-Im) Bank. “Every country recognizes that exports are critical for job development,” Cote explained. “Exports create jobs. It's why you find big countries like Korea, Japan, China, France, Germany – all [...]

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Honeywell’s UOP Green Fuels Technology Selected By Petrixo

Honeywell’s UOP green fuels process technology was selected by Petrixo Oil & Gas to produce renewable jet fuel and diesel at a new refinery to be built in Fujairah, United Arab Emirates. This will be the first commercial-scale, renewable jet fuel production facility outside of North America. Petrixo will use UOP Renewable Jet Fuel process [...]

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