Honeywell International Inc. is an American multinational conglomerate that produces a wide range of commercial and consumer products, engineering services and aerospace systems for various customers, from private consumers to large corporations and governments. The Company operates four business units, known as Strategic Business Units - Honeywell Aerospace, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), and Honeywell Performance Materials and Technology.
Honeywell is a Fortune 100 company. By 2016, Honeywell is ranked 73rd in the Fortune 500. Honeywell has a global workforce of about 130,000, of which about 58,000 work in the United States. The company is headquartered in Morris Plains, New Jersey. His current chief executive officer is Darius Adamczyk. The company and its predecessor are part of the Dow Jones Industrial Average Index from December 7, 1925 to February 9, 2008.
The current company name, Honeywell International Inc., is a merger product in which Honeywell Inc. acquired by a much larger AlliedSignal in 1999. The company headquarters is consolidated with AlliedSignal headquarters in Morristown, New Jersey; But the combined company chose the name "Honeywell" because of its superior brand recognition. In 2015, the headquarters was moved to Morris Plains.
Honeywell has many brands that can be recognized by commercial and retail customers, including home thermostat lines (especially the iconic round type) and Garrett turbochargers. In addition to home consumer products, Honeywell itself manufactures thermostats, sensors, security alarm systems, and air and descending cleaners. The Company also licenses its brand name for use in a variety of retail products manufactured by partner manufacturers, including air conditioning, heating, fan, safety deposit box, home generator, and paper shredder.
Video Honeywell
Histori
Awal tahun: 1885-1927
Although Mark Honeywell's Heath Specialization Company was not established until 1906, today Honeywell traces its roots back to 1885 when the Swiss-born Albert Butz created a damper-flapper, a thermostat for a coal stove, to regulate warming automatic. system. The following year he founded the Butz Thermo-Electric Regulator Company. In 1888, after a fight with his investors, Butz left the company and transferred the patent to the law firm of Paul, Sanford, and Merwin, which changed the name of the Company's Consolidated Temperature Controller. As time passed, CTCC struggled with growing debt, and they experienced some name changes in an effort to keep the business going. After the company was renamed the Regulatory Heat Electric Company in 1893, WR Sweatt, a shareholder in the company, sold an "extensive list of patents" and named the secretary-treasurer. : 22 On February 23, 1898 he bought the remaining shares of the company from other shareholders.
In 1906, Mark Honeywell founded Honeywell Heating Specialty Company in Wabash, Indiana to produce and market his invention, a mercury seal generator. As Honeywell's company grew (in part thanks to the acquisition of Jewell Manufacturing Company in 1922 to automate its heating system better), the company began to clash with the renamed Minneapolis Heat Regulator Company. This led to the merging of the two companies into a publicly-owned Honeywell Preservative Company in 1927. Honeywell was named the company's first president, along with W.R. Sweatt as its first chairman.
Expansion: 1927-1985
W.R. Sweatt and his son Harold provide 75 years of uninterrupted leadership for the company. W.R. Sweatt survived rough spots and turned innovative ideas - thermostatic heating control - into a thriving business. Harold, who took over in 1934, led Honeywell through a period of global growth and expansion that set the stage for Honeywell to become a global technology leader. The merger into the Minneapolis-Honeywell Regulatory Company proves to be a saving endowment for the company. The combined assets are worth more than $ 3.5 million, with less than $ 1 million in liabilities just months before Black Monday. In 1931, Minneapolis-Honeywell started the expansion and acquisition period when they purchased the Time-O-Stat Controls Company, giving the company access to a number of large patents to be used in their control systems. 1934 marked Minneapolis-Honeywell's first launch into the international market, when they acquired the Chocolate Instrument Company, and inherited their relationship with Yamatake Company of Tokyo, a Japanese-based distributor. : 51 Later that same year, Minneapolis-Honeywell will also start distribution across Canada, as well as one in the Netherlands, their first European office. This expansion into the international market continued in 1936, with their first distribution in London, as well as their first foreign assembly facility established in Canada. In 1937, ten years after the merger, Minneapolis-Honeywell had more than 3,000 employees, with $ 16 million in annual revenue.
After surviving the Depression, Minneapolis-Honeywell was approached by the US military for engineering and manufacturing projects. In 1941, Minneapolis-Honeywell developed a superior periscope and camera stabilizer, as well as a C-1 autopilot. C-1 revolutionized precision drilling in war effort, and was used on two B-29s bombers dropping atomic bombs in Japan in 1945. The success of these projects led to Minneapolis-Honeywell to open Aero's division in Chicago on October 5, 1942. < soup class = "reference nowrap">: 73 This division is responsible for the development of stick formation to control autopilot, more accurate gas gauges for aircraft, and turbo : 79 In 1950, the Minneapolis-Honeywell Aero division contracted for control on the first US nuclear submarine, the USS Nautilus.
In 1953, in collaboration with the USAF Wright-Air Development Center, Honeywell developed an automatic control unit that can control aircraft through various stages of flight, from taxi, to takeoff, to the point where the aircraft approaches its destination and pilot. take over to land. Called the Automatic Master Sequence Selector , the onboard controls that are operated are similar to the player's piano to deliver instructions to the autopilot at certain points during the flight, significantly reducing the pilot's workload. Technologically, this effort parallels contemporary efforts in missile control and numerical control. Honeywell also developed Wagtail missiles with USAF.
From the 1950s to the mid-1970s, Honeywell was an importer of Japanese multinationals and electronics companies Ricoh's Pentax camera and photographic equipment.
On April 12, 1955, Minneapolis-Honeywell started a joint venture with Raytheon called Datamatic to enter the computer market and compete with IBM. : 118 Two years later in 1957, their first computer, the D-1000, was sold and installed. In 1960, just five years after starting this business with Raytheon, Minneapolis-Honeywell bought Raytheon's interest in Datamatic and turned it into an Honeywell Information Processing Information (now the Honeywell Information Systems) division of Minneapolis-Honeywell. Honeywell also purchased Computer Control Corporation (3C) computer control pioneer (3C) in 1966, renamed as Division Honeywell Computer Control. Through much of the 1960s, Honeywell was one of the "Snow White and the Seven Dwarfs" computing. IBM is "Snow White", while dwarves are seven significantly smaller computer companies: Burroughs, Control Data Corporation, General Electric, Honeywell, NCR, RCA, and UNIVAC. Then, when their numbers are reduced to five, they are known as "The Bunch", after their initials: Burroughs, UNIVAC, NCR, Control Data Corporation, and Honeywell.
In 1961, James H. Binger became president of Honeywell and in 1965 as chairman. As Chairman of Honeywell, Binger changed the company's sales approach, placing an emphasis on profit rather than volume. He also increased the company's international expansion - he has six factories that produce 12% of the company's revenue. He also formally changed the company name from "Minneapolis-Honeywell Regulator Co." to "Honeywell", to better represent their everyday names. Throughout the 1960s, Honeywell continued to acquire other businesses, including the Security Burglar Alarm Company in 1969. : 130
The early 1970s saw Honeywell focus on process control, with the company incorporating their computer operations with GE's information systems in 1970, and then acquiring the GE process control business. : 122 With the acquisition, Honeywell takes over responsibility for GE's ongoing Multics operating system project. Multics design and features greatly affect the Unix operating system. Multics also influences many features of GECOS Honeywell/GE and GCOS8 General Comprehensive Operating System operating systems. Honeywell, Groupe Bull, and Control Data Corporation formed a joint venture in Magnetic Peripherals Inc. . who became a major player in the hard disk drive market. It is a world leader in 14-inch disk drive technology in the OEM market in the 1970s and early 1980s, especially with SMD (Storage Module Drive) and CMD (Cartridge Module Drive). In the second half of the 1970s, Honeywell began searching the international market again, acquiring the French Compagnie Internationale which gave l'Informatique in 1976. : 124 Eight years later, Honeywell established Honeywell High Tech Trading to lease their foreign marketing and distribution to other companies overseas, to build a better position in the market. : 147 Under Binger's leadership from 1961 to 1978, he expanded the company into areas such as defense, aerospace, and computing. During and after the Vietnam Era, Honeywell's defense division produced a number of products, including cluster bombs, missile guiding systems, napalm, and landmines. Minnesota-Honeywell Corporation completed flight tests on an inertial guidance sub-system for the X-20 project at Eglin Air Force Base, Florida, utilizing the Voodoo NF-101B in August 1963. The X-20 project was canceled in December 1963. The Honeywell Project, in 1968, organized a protest against the company to persuade him to abandon weapons production
In 1980, Honeywell bought Incoterm Corporation to compete on both the airline's reservation system network and the bank teller market.
In 1975, Honeywell introduced the world's first Distributed Distributed Control System (TDC 2000) that revolutionized the entire process control industry with a centralized view of de-centered control and fully redundant communication relationships for sustainable processes. Honeywell further introduced the Total Distributed Control System 3000 or TDC 3000 in 1985. The new TDC 3000 system adopts a new architecture that enables existing TDC 2000 systems to be integrated with new and future systems. expansion via a newly developed home network operating system to conduct monitoring, monitoring, storage, reporting, and storage dates throughout the plant. retrieval function. The new modular controller, Process Manager, was introduced at a later date that included advanced control and modeling strategies as part of the new TDC-3000 system. The TDC 3000 System is the backbone of Honeywell Industrial Solutions for Petroleum, PetroChem, Fine Chemical, Pulp & amp; Paper, Power Gen, and many other industries. Together with the TDC system, Honeywell also developed a digital communication protocol to enable Smartwell Smartwell family of products to interact with TDC systems in a non-ambiguous digital mode that conveys Honeywell's commitment of total system integration from the sensor to the meeting room.
Integration: 1986-1999
Aerospace
1986 marks a new direction for Honeywell, beginning with the acquisition of Sperry Aerospace. In 1990, Honeywell separated their Defense and Marine Systems business into Alliant Techsystems, as well as the Test Tools and Signal Analysis division to streamline the company's focus. Honeywell continues to supply aerospace products including electronic guidance systems, cockpit instrumentation, lighting, and primary propulsion as well as secondary power turbine engines. In 1996, Honeywell acquired Duracraft and began marketing its products in the home comfort sector.
Honeywell is in a consortium running Pantex Plant that assembles all nuclear bombs in the United States arsenal. Honeywell Federal Manufacturing & amp; The technology, AlliedSignal's defense product successor, operates the Kansas City Factory that produces and assembles 85 percent of non-nuclear bomb components.
Home & amp; build control
Honeywell also started the SmartHouse project to combine heating, cooling, security, lighting and equipment in one easy-to-control system. They continued the trend in 1987 with the release of new security systems, and fire and radon detectors. Five years later, in another alignment effort, Honeywell incorporated their Residential Control, Commercial Systems and Protection Division into House and Building Controls, which later acquired the Enviracare air purification business. : 183 In 1995, Honeywell has been condensed into three divisions: Space and Flight Control, Home and Building Control, and Industrial Control.
Industrial control
Honeywell dissolved its partnership with Yamatake Company and consolidated the Process Control Products Division, Process Management Process Division, and Micro Switch Division into one Industrial Control Group. It has acquired the Measurex System and Leeds & amp; Company Northrup to strengthen its portfolio.
Takeover: 1999-2002
AlliedSignal and Pittway
On June 7, 1999, Honeywell was acquired by AlliedSignal, who chose to keep Honeywell's name for its brand recognition. Former Honeywell moved their 114-year-old headquarters to AlliedSignal in Morristown, NJ. While "technically, deals are more like acquisitions than mergers... from a strategic point of view, it's an equal merger." AlliedSignal's 1998 revenue was reportedly $ 15.1 billion to Honeywell for $ 8.4 billion, but together the companies share enormous business interests in aerospace, chemical products, automotive parts, and building controls.
In 2000, Honeywell acquired Pittway for $ 2.2 billion to get a bigger share of the market for fire and security protection systems, and incorporated it into the Home and Building Control division, taking Pittway's $ 167 million debt. Analyst David Jarrett commented that "while Honeywell offers a hefty premium, it still gets Pittway for the bargain" at $ 45.50 a share, although it closed at $ 29 a week earlier. Pittway's Ademco product complements Honeywell's proprietary control system.
General Electric Company
In October 2000, Honeywell (then worth more than $ 21 billion) accepted a takeover offer from the then CEO, Jack Welch of General Electric. The US Justice Department cleared the merger, while "GE's team dived into Honeywell" and "GE executives took over budget planning and employee reviews." However, on July 3, 2001, European Commission competition commissioner Mario Monti blocked the move. This decision was made on the basis that with GE dominance of the large jet engine market (led by General Electric CF34 turbofan engines), rental services (GECAS), and Honeywell portfolio from regional jet engines and avionics, the new company would be able to "combine" the product and hinder competition through the creation of horizontal monopolies. US regulators disagree, finding that mergers will increase competition and lower prices; US Attorney General Assistant Charles James called the EU's decision "contrary to antitrust law enforcement objectives." This led to a moral decline and general chaos throughout Honeywell, and in turn, then CEO Michael Bonsignore was fired when Honeywell attempted to change their business.
Recent history
Currently "Honeywell International Inc." is a merger product between AlliedSignal and Honeywell Inc. Although AlliedSignal is twice the size of Honeywell, the joint venture chose the name "Honeywell" because of its superior brand recognition. However, the company's headquarters are consolidated to AlliedSignal headquarters in Morristown, New Jersey rather than Honeywell's former headquarters in Minneapolis, Minnesota. When Honeywell closed its headquarters in Minneapolis, more than a thousand employees lost their jobs. Some move to Morristown or other corporate locations, but the majority are forced to seek new employment or retirement. Immediately after the merger, the company's shares fell significantly, and did not return to pre-merger levels until 2007.
In January 2002 Knorr-Bremse - which has operated in a joint venture with Honeywell International Inc. - taking full ownership of his efforts in Europe, Brazil, and the United States. Bendix Commercial Vehicle Systems becomes a subsidiary of Knorr-Bremse AG. Despite its declining influence, Honeywell maintains a presence in emerging industries, such as Northern Alberta's oil sands. Plant Honeywell's integrators are currently housed at some of the most important factory sites in Oil Sands (Syncrude, Suncor, and others). In February of that year, Honeywell's board appointed the next CEO and Chairman, David M. Cote. Cote was instrumental in uniting the corporate culture of Honeywell, AlliedSignal, and Pittway. Since 2002, Honeywell has made more than 80 acquisitions and 60 divestments, while adding $ 12 billion in new sales and increasing its workforce to 131,000 as a result of this acquisition. Under his tenure, Honeywell's shares nearly tripled from $ 35.23 in April 2002 to $ 99.39 as of January 2015.
Honeywell made a bid of £ 1.2bn ($ 2.3bn) for Novar plc in December 2004. The acquisition was completed on March 31, 2005. In October 2005, Honeywell bought a 50% stake in UOP for $ 825 million, giving them full control on joint ventures in petrochemical and refining technologies. In May 2010, Honeywell defeated the UK-based Cinven and acquired French Sperian Protection Company for $ 1.4 billion, which was then incorporated into its automation control and control unit.
Honeywell moved its international headquarters from Morristown to Morris Plains in October 2015. The 475,000-square-foot building on 40 hectares at Morris Plains features advanced technology and greater energy efficiency than Honeywell's Morristown, underutilized and costly campus, according to Cote.
On December 29, 2015, Honeywell completed sales of Elster for US $ 5.1 billion (announced July 28, 2015) entering the gas and water supply chamber with a special focus on smart meters and hopes to be a growth driver for Honeywell in 2016 and beyond. The deal also complements the HON Combustion business with the addition of Elster with strong brands like Kromschroeder and Eclipse. Honeywell International Inc. then acquired a 30% stake in UOP Russell LLC that has not been owned approximately $ 240 million in January 2016. In February, Honeywell signed a definitive agreement to acquire Xtralis, a leading global provider of smoke detection aspirations along with advanced perimeter security technologies and analysis software video, for $ 480 million from funds recommended by Pacific Equity Partners and Blum Capital Partners. The deal was completed on April 1, 2016. In May 2016, Honeywell International Inc. resolved a patent dispute concerning a subsidiary of Google Nest Labs, a thermostat claimed by Honeywell to violate several of its patents. Google Alphabet Inc. parent and Honeywell said they reached a "cross-licensing patent" agreement that "resolved" the old dispute. Honeywell sued Nest Labs in 2012. On September 12, 2016, Morris Plain, NJ-based Honeywell announced that it would invest $ 20 million in its first-ever software development center and relocate the headquarters of nearly $ 10 billion homes and build a division technology from the Minneapolis suburbs to Atlanta. Expansion will add more than 800 jobs.
David Cote resigned as CEO on April 1, 2017, and was replaced by Darius Adamczyk, who had been promoted to President and Chief Operating Officer (COO) the previous year. Cote served as Chief Executive until April 2018. On October 10, 2017, Honeywell announced plans to split Homes, Global ADI Distributions, and Transportation System business into two publicly traded companies separately by the end of 2018.
Maps Honeywell
Business unit
Honeywell International is divided into four Strategic Business Groups (SBG): Honeywell Aerospace, Home and Building Technologies, Solutions for Safety and Productivity, and Honeywell Performance Materials and Technology. In SBG is Strategic Business Units (SBU).
Aerospace
Honeywell Aerospace is a global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, businesses and general aviation, military, aerospace, and airport operations. Commercial Flights, Defense & amp; Space and Business & amp; The General Aviation business unit serves aircraft manufacturers, airlines, businesses and general aviation, military, aerospace and airport operations.
In January 2014, Honeywell Aerospace launched the SmartPath Precision Landing System in Malaga-Costa del Sol Airport in Spain, which adds GPS signals to fit for precision and landing approaches, before broadcasting data to the approaching aircraft. In July 2014, the Honeywell Transportation System joined the Aerospace division because of the similarities between businesses.
In April 2018, Honeywell announced to develop a laser communications product for satellite communications in collaboration with Ball Aerospace and planned volume production in the future.
Commercial Flights
Commercial Aviation Honeywell business unit creates products for large commercial and regional aircraft such as auxiliary power units (APU), aircraft control systems, power systems, machine system accessories, flight data and cockpit voice recorder, air traffic management, radar, navigation and communications, aircraft lighting, wheels and brakes.
Defense & amp; Space
Honeywell Defense & amp; Space business units create products such as Honeywell RQ-16 T-Hawk for military and aerospace markets including propulsion engines, APUs, environmental control systems, power systems, Avionics and flight management systems, radar, navigation and communication systems, inertial sensors, systems guidance, gyroscopes. It also provides logistics services, including depot maintenance and prepositions, and the operation of the space system for engineering, design, fabrication, installation, operation and maintenance of satellite commands and control systems.
Business & amp; General Flights
Honeywell Business & amp; General Aviation business unit products include aircraft lights, auxiliary power units, cabin entertainment, cockpit displays, communications, navigation and surveillance, flight management systems, and propulsion engines. Business groups offer services like flight planning, planning & amp; scheduling, and maintenance and monitoring.
Transportation System
Honeywell Transportation Systems manufactures engine boosting turbochargers for passenger cars and commercial vehicles.
House and Building Technology
Honeywell HBT was created when the SBG Automation and Control Solution was divided into two new SBG, HBT, and Safety and Productivity Solutions, in July 2016. On December 7, 2017, Honeywell announced that it had acquired SCAME, a company based in Italy, to add new fire and gas safety capabilities into its portfolio.
Honeywell Building Solutions
Honeywell Building Solutions (HBS) products and services provide energy and security efficiency in buildings and communities. Intelligent networks, microgrids and on-site power generation, integrated security, building control, automation, and management, system services, maintenance and optimization, and intelligent development are examples of technologies generated by HBS business units. HBS optimizes automation technologies, designs and delivers microgrids that provide energy security, and provides demand responses and energy efficiency programs to help utilities and power grids operate optimally.
In June 2016, Honeywell announced a new release of its building management system, Enterprise Buildings Integrator (EBI) to support ambitions and smart cities in the Middle East region. In a statement, Honeywell said that the EBI R500 utilizes the current building connectivity to help make them more strategic, green, safe and productive assets.
Environmental and Energy Solutions
Honeywell Environmental and Energy Solutions serves industry and consumer customers. Products include air quality, commercial combustion, commercial components, industrial components, home thermostats (including smart thermostats and wi-fi), residential burning, whole house air quality, water treatment and entire house control, HVAC zoning, and hydronic heating.
Honeywell Security and Fire
Honeywell Security and Fire manufactures electronic security systems, burglar alarm systems, and fire alarms for residential homes and commercial businesses. They also manufacture products that include commercial fire alarms and emergency communications systems as well as fire detecting and notification apparatus. The First Standby Professional Brand was acquired by Honeywell. The brand was originally owned by Pittway Corp who inherited an independently owned network of security dealers and fire alarms in the western hemisphere from the early 1990s known as First Alert Professional Security Systems. For two decades, the First and Private labeled security and fire alarms were manufactured by Ademco, Inc., which is currently owned by Honeywell.
Safety and Productivity Solutions
Honeywell SPS was created when the SBG Automation and Control Solution was split into two new SBG, Home and Building Technologies, and Safety and Productivity Solutions, in July 2016.
Scan & amp; Mobility
Products at Honeywell Scanning & amp; Mobility (HSM) includes mobile computers and barcode scanners, radio frequency identification solutions, voice workflow and printing solutions. In 2013, Honeywell completed the acquisition of Intermec, which included the Vocollect and Enterprise Mobile brands, and integrated it into Scan & amp; Mobility.
Sensing and Internet of Things
Honeywell Sensing and Internet of Things (Honeywell SIoT) produces more than 50,000 products ranging from snap buttons, limits, toggles and pressure switches to position, speed and airflow sensors.
Industrial Security
Honeywell Industrial Safety manufactures fixed and portable gas detection systems as well as personal protective equipment, including: protective clothing; fall and hearing protection products; solutions that protect the hands, head, feet, eyes, and face; first respondent teeth (voting equipment, EMS, helmet, gloves, boots and hoods), along with breathing, welding, first aid, lockout/tagout, and traffic safety equipment.
Performance Materials and Technologies
Honeywell Performance Materials and Technology strategic business group are divided into six business units. Products include process technology for oil and gas processing, fuel, film and additives, specialty chemicals, electronic materials, and renewable transportation fuels.
Honeywell UOP
Honeywell UOP is a wholly owned subsidiary of Honeywell International Inc. and is part of Honeywell's Performance Materials and Technologies strategic business group. Honeywell UOP is an international supplier and licensor of process technology, catalysts, adsorbents, processing plants, and consulting services for the petrochemical, petrochemical and refining industries.
Honeywell Process Solutions
Honeywell Process Solutions offers automation control solutions to international customers. It serves hybrid processes and industries, including refining, oil and gas, pulp and paper, mining, minerals and metals, bulk and batch chemicals, petrochemicals, pharmaceuticals, electricity transmission and distribution, and power generation.
Fluorine Products
Honeywell Fluorine Products produces refrigerants, foam insulation, aerosols, and solvents.
Electronic Materials
Honeywell Electronic Materials manufactures and supplies the semiconductor industry with electronic chemicals, electronic polymers, sets of coil and metal targets, sophisticated packaging, and thermocouples.
Resin & amp; Chemicals
Honeywell Resins and Chemicals sell chemical intermediates, including phenol, cyclohexanone, and acetone. It is also a major producer of ammonium sulphate fertilizer, a byproduct of caprolactam production, sold under the Sulf-NÃ,® brand. This division is separated as AdvanSix in 2016.
Special Materials
Honeywell Special Material Products include specialty films and additives; advanced fibers and composites; intermediates; specialty chemicals; and technologies and materials for petroleum refining.
Corporate governance
Now starting April 23, 2018
Products and services
Planes
- Honeywell RQ-16 T-Hawk
Missiles and rockets
- RUR-5 ASROC
- Wagtail (missile)
Honeywell Scanning and Mobility
- Honeywell Products AIDC
- Intermec Products
Acquisitions
The acquisition of Honeywell is largely comprised of businesses in harmony with existing enterprise technologies. The acquired companies are integrated into one of Honeywell's four business groups (Aerospace, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), or Performance and Technology Materials (PMT)) but retain their original brand names.
Environmental recordings
The US Environmental Protection Agency states that no company is associated with a large number of superfund toxic waste sites than Honeywell. Honeywell ranks 44th in the list of US companies 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 and to make reparations worth $ 772,000 for environmental offenses involving:
- failure to prevent or repair leakage of harmful organic pollutants into the air
- failure to repair or report cooling equipment containing chlorofluorocarbons
- inadequate reporting of benzene, ammonia, nitrogen oxide, dichlorodifluoromethane, sulfuric acid, sulfur dioxide, and caprolactam emissions
In 2003, a federal judge in Newark, New Jersey ordered the company to commit an estimated $ 400 million of chromium waste environmental improvements, citing "the imminent risk of impending damage to public health and safety and immediate and severe damage to the environment." In the same year, Honeywell paid $ 3.6 million to avoid a federal hearing on his responsibility for trichlorethylene contamination in Lisle, Illinois. In 2004, the State of New York announced that it would require Honeywell to complete approximately $ 448 million of cleaning over 74,000 kg (165,000 Â £) of mercury and other toxic wastes dumped into Lake Onondaga in Syracuse, NY. In November 2014, Honeywell has completed dredging the lake and established three water treatment plants, and the chemical cleaning site has removed 7 tons of mercury.
In 2005, the state of New Jersey sued Honeywell, Occidental Petroleum, and PPG to clean up more than 100 sites contaminated with chromium, a metal associated with lung cancer, ulcers, and dermatitis. In 2008, the state of Arizona struck a deal with Honeywell to pay a $ 5 million fine and donate $ 1 million for a local air quality project, after allegations of violating water and hazardous waste laws on hundreds of occasions between the years from 1974 and 2004.
In 2006, Honeywell announced that its decision to halt the manufacture of mercury switches has resulted in a reduction of more than 11,300 kg, 2800 kg, and 1500 kg of each use of mercury, lead, and chromic acid. The largest reduction represents 5% of mercury use in the United States. The EPA recognizes Honeywell's leadership in reducing mercury use through the 2006 National Achievement Award for Environmental Priorities (NPEP) to halt the production of mercury switches.
Criticism
On March 10, 2013, the WSJ reported that Honeywell is one of sixty companies that protect annual profits from US taxes. In December 2011, the Public Campaign of a liberal nonpartisan organization criticized Honeywell International for spending $ 18.3 million on lobbying and not paying any taxes during 2008-2010, instead of earning $ 34 million in tax cuts , despite generating profits of $ 4.9 billion, laid off 968 workers since 2008, and increased executive payments by 15% to $ 54.2 million in 2010 for its top 5 executives. Honeywell has also been criticized in the past for making lethal and crippling weapons, such as cluster bombs.
See also
- Honeywell Aerospace
- Turbo Honeywell Technology
- Top 100 US Federal Contractors
Note
References
External links
The official Honeywell website
Source of the article : Wikipedia
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