Guide Note

Honeywell is a technological manufacturing conglomerate that produces consumer products, provides engineering services, and operates in the defense and aerospace industries. Its aerospace division is its biggest single unit, and began as a national defense effort during World War II.

Fast Facts

1. Stock symbol: HON (NYSE)
2. Annual revenue (2007): $34.5 billion
3. Founder: Mark C. Honeywell
4. Year established: 1906
5. Industry: Aerospace and technology manufacturing
6. Phone: 973-455-2000
7. Fax: 973-455-4807
8. HQ: Morristown, New Jersey
9. President/CEO: David M. Cote
10. CFO: David James Anderson
11. Staff: 118,000

Key Date

1. 1906: Mark C. Honeywell founds Honeywell Heating Specialty Co. in Wabash, Indiana
2. 1927: Honeywell Heating Specialty Co. merges with Minneapolis Heat Regulator Co.
3. 1934: Establishes its first office outside the U.S. in Toronto, Canada
4. 1941: Has distributors in Chile, Panama, Trinidad, New Zealand, Argentina, and South Africa
5. 1972: Operates 25 wholly-owned subsidiaries and joint ventures in five countries outside the U.S.
6. 1998: Operates in 95 countries, with 83 wholly-owned subsidiaries and 13 joint ventures
7. 1999: Merges with AlliedSignal, an aerospace, automotive, a major engineering company
8. 2002: David M. Cote named CEO