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Honeywell International Inc. (Honeywell), incorporated in 1985, is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. Honeywell operates four business segments: Aerospace, Automation and Control Solutions, Performance Materials and Technologies, and Transportation Systems. In July 2011, Honeywell sold its Consumer Products Group business (CPG) to Rank Group Limited. In December 2011, the Company acquired King’s Safetywear Limited (KSW), a provider of branded safety footwear. In August 2011, it completed the acquisition of EMS Technologies, Inc. (EMS), a provider of connectivity solutions for mobile networking, rugged mobile computers and satellite communications. In June 2012, the Company acquired INNCOM.
Aerospace
Honeywell’s Aerospace segment is a global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations. The Company’s products/services classes include turbine propulsion engines, auxiliary power units (APU’S), environmental control systems, electric power systems, engine systems accessories, avionics systems, aircraft lighting, inertial sensor, control products, space products and subsystems, management and technical services, and landing systems. During the year ended December 31, 2011, approximately 18% of total sales of Aerospace-related products and services were exports of United States manufactured products and systems and performance of services, such as aircraft repair and overhaul.
The Company competes with Rolls Royce/Allison, Turbomeca, United Technologies, Williams, Auxilec, Barber Colman, Dukes, Eaton-Vickers, General Electric, Goodrich, Liebherr, Pacific Scientific, Parker Hannifin, TAT, Safran, BAE Controls, Boeing/Jeppesen, Garmin, Kaiser, L3, Lockheed Martin, Northrop Grumman, Rockwell Collins, Thales, Trimble/Terra, Universal Avionics, Universal Weather, Hella, LSI, Luminator, Whelen, Astronautics, Kearfott, GEC, L3 Com, KVH, Rockwell, Rosemount, Ithaco, Raytheon, Bechtel, Boeing, Computer Sciences, Dyncorp, Exelis, SAIC, The Washington Group, United Space Alliance, Meggitt and Messier-Bugatti.
Automation and Control Solutions
Honeywell’s Automation and Control Solutions segment is a global provider of environmental and combustion controls, sensing controls, security and life safety products and services, scanning and mobility devices and process automation and building solutions and services for homes, buildings and industrial facilities. The Company’s product/service classes include environmental and combustion controls; sensing controls, security and life safety products and services, scanning and mobility, process automation products and solutions, and building solutions and services. Approximately 3% of total during 2011 sales of Automation and Control Solutions products and services were exports of United States manufactured products.
The Company competes with Bosch, Cherry, Danfoss, Eaton, Emerson, Endress & Hauser, Freescale, Semiconductor, GE, Holmes, Invensys, Johnson Controls, Omron, Schneider, Siemens, United Technologies, Yamatake Measurement Specialties, Draeger, Hubbell Inc, Mine Safety Appliances, Pelco, Phillips, Riken Keiki, Siemens, Tyco, 3M, Datalogic Intermec Technologies, Iridium Vars, Motorola Solutions, Psion, Skywave, Tsi, ABB, AspenTech, Yokogawa, Ameresco, Chevron, GroupMac, Ingersoll Rand, Local contractors and utilities, Safegate, Trane and Thorn.
Performance Materials and Technologies
Honeywell’s Performance Materials and Technologies segment is providing customers with technologies and materials, including hydrocarbon processing technologies, catalysts, adsorbents, equipment and services, fluorine products, specialty films and additives, advanced fibers and composites, intermediates, specialty chemicals, electronic materials and chemicals. The Company’s product/service classes include Resins & chemicals, Hydrofluoric acid (HF), Fluorocarbons, Nuclear services, Research and fine Chemicals, Performance chemicals Imaging chemicals Chemical processing Sealants, Advanced fibers & composites, Healthcare and packaging, Specialty additives, Electronic chemicals, Semiconductor materials and services, Catalysts, adsorbents and specialties, Process technology and equipment, and Renewable fuels and chemicals. Approximately 34% of total during 2011 sales of Performance Materials and Technologies products and services were exports of United States manufactured products.
The Company competes with BASF, DSM, Sinopec, UBE, INEOS, Mitsui, Shell, Polimeri, Mexichem Fluor, Solvay, Arkema, Dupont, Mexichem Fluor, Daikin, Sinochem, Cameco, Comurhex, Rosatom, Avecia, Degussa, E. Merck, Thermo Fisher, Scientific, Lonza, Sigma-Aldrich, Atotech, Teijin, American Biaxis, CFP, Kolon, Unitika, Clariant, Westlake, KMG, Brewer, Dow, Nikko, Praxair, Shinko, Tosoh, Axens, WR Grace, Haldor, Shell/Criterion, BP/Amoco, Exxon-Mobil, Chevron Lummus Global, Chicago Bridge & Iron Koch Glitsch, Linde AG, Natco, Shaw Group, Shell/SGS, Neste Oy, Lurgi, Kior, Syntroleum and Dynamotive.
Transportation Systems
Honeywell’s Transportation Systems segment is a manufacturer of engine boosting systems for passenger cars and commercial vehicles, as well as a provider of braking products. The Company’s product/service classes include Charge-air systems, Thermal systems, and Brake hard parts and other friction materials. Approximately 3% of total during 2011 sales of Transportation Systems products were exports of United States manufactured products.
The Company competes with Borg-Warner, Holset, IHI, MHI, Behr, Modine, Valeo, Advics, Akebono, Continental, Federal-Mogul, ITT Corp, JBI, Nisshinbo and TRW.