Dieselization

Honeywell’s Third Quarter Sales Up 9% to $8.4 Billion and Reported Earnings Per Share $0.64

- 9% Organic Growth Reflects Continued Strong Order Rates - Strong Revenue Conversion More Than Offsets Labor Cost Headwinds - 2010 Sales and EPS Expected Above High-End of Previous Guidance - Company Forecasts Record Free Cash Flow of $3.5 Billion in 2010 Honeywell announced third quarter 2010 sales were up 9% to $8.4 billion versus [...]

Posted on Friday, October 22, 2010

Honeywell Expects Turbocharged Engine Segment To Double By 2015

Honeywell, the leading global developer of automotive turbochargers, expects the global turbo segment to double in the next five years, from 17 million new turbo vehicles in 2009 to 35 million in 2015. That includes a rapid growth in the U.S., where turbocharged vehicles are expected to grow from nearly one million (5%) vehicles sold [...]

Posted on Tuesday, September 28, 2010

Honeywell Chairman and CEO Dave Cote Discusses Honeywell’s Financial Outlook and Global Economic Conditions on CNBC’s Closing Bell

Honeywell Chairman and CEO Dave Cote appeared on CNBC’s Closing Bell news program to discuss Honeywell’s financial outlook, global economic conditions, and his position on the U.S. Commission on Fiscal Responsibility and Reform with host Maria Bartiromo. “We’re seeing a rebound. It’s been kind of surprising, but with the exception of commercial aerospace sales, everything [...]

Posted on Wednesday, August 11, 2010

Honeywell Turbos Boost Audi to Record Victory at Le Mans

Honeywell’s variable geometry turbo (VGT) technology was featured on the Audi R15 TDI at 24 Hours of Le Mans, helping Audi claim a clean sweep of the podium stand (first, second, and third place), while breaking the distance record for the race. The victorious Audi team of Timo Bernhard (Germany), Romain Dumas (France), and Mike [...]

Posted on Tuesday, June 22, 2010

Honeywell Hosts Technology Day for Customers and Partners in China

More than 300 of Honeywell’s key customers, partners, leaders, and employees attended Honeywell China’s Technology Day, an opportunity for visitors to learn about the company’s great positions in good industries and differentiated technologies. Honeywell’s products and solutions related to building and industrial controls, energy efficiency and generation, turbocharging, and aerospace were exhibited and interacted with [...]

Posted on Monday, May 24, 2010

Honeywell Chairman and CEO Dave Cote Featured on Cover of NYSE Magazine

Honeywell Chairman and CEO Dave Cote is featured as the cover story of the second quarter 2010 edition of NYSE Magazine. The story discusses how today’s Honeywell is a much different company than it was during the 2001-2002 recession because of Cote’s focus on “seed planting” – or investing for the future – in R&D, [...]

Posted on Thursday, May 6, 2010