Honeywell
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Honeywell is a Fortune 500 company, ranked 115th in 2023. In 2023, the corporation had a global workforce of approximately 95,000 employees. The current chairman is Darius Adamczyk and the chief executive officer (CEO) is Vimal Kapur.
| Company type | Public |
|---|---|
Traded as | |
| Industry | Conglomerate |
| Predecessor |
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| Founded | 1906 in Wabash, Indiana, U.S. |
| Founder | Mark C. Honeywell (for the Honeywell Inc. line) |
| Headquarters | Charlotte, North Carolina, U.S. |
Area served | Worldwide |
Key people |
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| Revenue | US$36.66 billion (2023) |
| US$7.159 billion (2023) | |
Net income | US$5.672 billion (2023) |
| Total assets | US$61.53 billion (2023) |
| Total equity | US$16.43 billion (2023) |
Number of employees | c. 95,000 (2023) |
| Subsidiaries |
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| Website | honeywell |
| Footnotes / references | |
The corporation's current name, Honeywell International Inc., is a product of the merger of Honeywell Inc. and AlliedSignal in 1999. The corporation headquarters were consolidated with AlliedSignal's headquarters in Morristown, New Jersey. The combined company chose the name "Honeywell" because of the considerable brand recognition. Honeywell was a component of the Dow Jones Industrial Average index from 1999 to 2008. Prior to 1999, its corporate predecessors were included dating back to 1925, including early entrants in the computing and thermostat industries.
In 2020, Honeywell rejoined the Dow Jones Industrial Average index. In 2021, it moved its stock listing from the New York Stock Exchange to the Nasdaq.