Honeywell

Honeywell International Inc. is a multinational conglomerate company that produces a variety of commercial and consumer products, engineering services, and aerospace systems. The company was founded in 1906 by Mark C. Honeywell as Honeywell Heating Specialty Company, a heating installation company. Over the years, it has grown and diversified into various sectors, becoming a global leader in many areas.

Industry

Aerospace, building technologies, performance materials and technologies, safety and productivity solutions.

Company Size

With a workforce exceeding 110,000 employees, the company boasts a vast talent pool.

Product, Services and Operations

Honeywell provides a wide range of products and services including aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; and specialty materials.

Funding Details

As a publicly traded company, Honeywell's funding comes from its operations and investors who buy its stocks. As of 2021, its market capitalization is approximately $151 billion.

Acquisitions

Notable acquisitions include the $300 million purchase of Elster Group, a leading provider of gas, electricity, and water meters in 2015, and the $1.5 billion acquisition of warehouse automation firm Intelligrated in 2016.

Awards and Achievements

Honeywell has received numerous awards and recognitions, including being named to the Fortune 100 list, and being recognized as one of the "World's Most Admired Companies" by Fortune magazine.

Revenue

Honeywell revenue for the twelve months ending September 30, 2023 was US $36.408Billion