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Honeywell marked 100 years of innovation and leadership in the aerospace and oil and gas industries as Honeywell Chairman and CEO Dave Cote, Honeywell Performance Materials and Technologies President and CEO Darius Adamczyk, Honeywell Aerospace President and CEO Tim Mahoney, and other company leaders rang the closing bell at the New York Stock Exchange. The bell ringing recognized the centennials of Honeywell Aerospace, a pioneer in aviation, and Honeywell’s UOP, which created the basis for the modern refining industry.
Honeywell Aerospace traces its legacy of innovation to June 18, 1914, when Lawrence Sperry did a “wing walk” with no one at the controls of his airplane to demonstrate the first aircraft stabilizer, which became known as the autopilot. Today, Honeywell has one of the largest aerospace products and services portfolios in the industry, having invented hundreds of technologies that have led to safer skies, space exploration, and stronger military offerings. Honeywell offers thousands of products and services that can be found on virtually every commercial, defense and space aircraft worldwide.
UOP was founded in Chicago on June 17, 1914, to commercialize the first conversion technology for upgrading crude oil, resulting in a fourfold increase in the amount of gasoline that could be derived from crude oil. Now part of Honeywell’s Performance Materials and Technologies (PMT) business, UOP remains the recognized leader for providing process technology, catalysts, adsorbents, equipment and consulting services to the petroleum refining, petrochemical and gas processing industries.
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Honeywell is a Fortune 100 company that invents and manufactures technologies to address some of the world’s toughest challenges linked to global macrotrends such as energy efficiency, clean energy generation, safety and security, globalization and customer productivity. With approximately 132,000 employees worldwide, including more than 22,000 engineers and scientists, we have an unrelenting focus on performance, quality, delivery, value and technology in everything we make and do.
Honeywell’s ability to continually improve comes from successfully achieving two seemingly competing tasks at once – productivity and growth. Our global processes – or Enablers –
are Honeywell’s core internal business processes that drive efficiency and service quality. Enablers bring world-class products and services to market faster and more cost-effectively
for our customers.
Our Business Units
Honeywell Aerospace mechanical and electrical product offerings are used today on virtually every commercial and defense related aircraft platform. We invent and integrate thousands of products and services that deliver safe, efficient, productive and comfortable experiences worldwide, including flight and runway safety, air traffic management, propulsion, in-flight connectivity tools, precision guidance, wheels and brakes and logistics services.
Automation and Control Solutions
Honeywell Automation and Control Solutions (ACS) develops and manufactures environmental controls, building solutions, personal protective equipment, life safety, security, sensing, scanning, and mobility products that enable safer, more comfortable, more secure, and more productive environments. Our products and solutions, at work in 150 million homes, 10 million buildings, and hundreds of gas and electric utilities worldwide, give customers the ability to capture more and better data faster and across a wireless landscape, improve productivity, safety, and security, drive better decision making, and reduce costs.
Performance Materials and Technologies
Honeywell Performance Materials and Technologies (PMT) is a global leader in developing advanced materials, process technologies and automation solutions. It manufactures a wide variety of high-performance products, including environmentally friendlier refrigerants and materials used in the production of products such as bullet-resistant armor, nylon, computer chips and pharmaceutical packaging. Process technologies developed by PMT’s UOP business form the foundation for most of the world’s refiners, efficiently producing gasoline, diesel, jet fuel, petrochemicals and renewable fuels, and PMT’s Process Solutions business is a pioneer in automation control, instrumentation and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries.
Honeywell Transportation Systems provides world-class technologies and solutions to automakers, their suppliers and consumers. Our technologies enhance the performance and efficiency of passenger and commercial vehicles worldwide, offering a no-compromise solution for fuel efficiency and emissions compliance while still enabling increased horsepower and torque.