Honeywell

Honeywell International is a technology and manufacturing company based in Morristown, New Jersey, founded in 1906. It specializes in providing a wide range of products and services across various sectors, including aerospace, industrial automation, energy and sustainability solutions, and building automation. Honeywell's offerings encompass aerospace products, control technologies for buildings and homes, automotive solutions, turbochargers, and advanced materials. The company is committed to addressing global challenges in safety, security, and energy efficiency, with solutions that benefit transportation, commercial buildings, industrial applications, and residential needs. Honeywell employs approximately 129,000 people globally, including a significant number of engineers and scientists, and is recognized for its focus on quality and technological innovation. Its diverse portfolio reflects a strategic alignment with key growth trends, enabling Honeywell to maintain a strong market presence.

Lucian Boldea

President and CEO, Industrial Automation

Kevin Dehoff

CEO and President

Murray Grainger

Managing Director

Richard Jahnke

Director

Vimal Kapur

CEO

Sarah Martin

President

Farah Papaioannou

Director

Pooja Thakran

Director

Rich Jahnke

Venture Director

Past deals in New Jersey

Sparta Systems

Acquisition in 2020
Sparta Systems works on global quality and compliance management systems. Its TrackWise product is a web-based software application used by quality, manufacturing, and regulatory affairs professionals to manage quality and compliance issues across the enterprise. It was founded in 1994 and headquartered in Holmdel, New Jersey.

AlliedSignal

Acquisition in 1999
AlliedSignal is a leading manufacturer of aerospace systems and components that later merged with Honeywell International, Inc., in 1999. The corporation was formed in 1920 in the consolidation of several chemical manufacturers. By 1928, Allied became the leading producer of ammonia in the world with the opening of its plant near Hopewell, Virginia. Post World War II, Allied continued to venture into new markets with the production of nylon 6 (used in manufacturing items from tires to clothing) and refrigerants. In 1958, Allied Chemical & Dye Corporation moved its headquarters to Morristown, New Jersey where it was renamed Allied Chemical Corporation. In the 1940s these companies were transformed into divisions of Allied Chemical. There were further reorganizations and acquisitions of companies and plants during the 1950s, ’60s, and ’70s, and Allied became a conglomerate. Taking the name Allied Corporation in 1981, the firm acquired the Bendix Corporation, a manufacturer of automotive and aerospace equipment, in 1983. Known as Allied-Signal in 1985, Allied expanded its aerospace, automotive, and engineered materials businesses through its merger with the Signal Companies. In 1993 the hyphen was dropped from the company’s name to convey a one-company image. In 1986 Allied-Signal spun off about 35 of its diverse subsidiary operations into a new and separate company so that the parent corporation, renamed AlliedSignal in 1993, could concentrate on its growing aerospace electronics and automotive operations. In 1999, AlliedSignal acquired Honeywell—an international controls company that developed and supplied advanced technology products, systems, and services to aviation and space companies and industry—and adopted its name which it considered to be more recognizable. This merger was valued at $15 billion. Today, with headquarters in Morristown, New Jersey and over 122,000 employees worldwide, Honeywell is organized into four major business units: aerospace, automation and control solutions, transportation systems, and specialty materials.
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