Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Honeywell International    HON

HONEYWELL INTERNATIONAL (HON)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Honeywell International : Cedar Rapids office not among spinoffs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/13/2017 | 03:32pm CET

Oct. 13--CEDAR RAPIDS -- Honeywell International operations in Cedar Rapids are not among those the company plans to spin off next year, a spokesman said Thursday.

"The Honeywell facility in Cedar Rapids is not related to the companies that are being spun off," spokesman Scott Sayres told The Gazette.

Morris Plains, N.J.-based Honeywell announced earlier this week it plans to separate some of its business division into their own companies. Honeywell will spin off its Homes and ADI global distribution business into one company and its Transportation Systems business into another. The spinoffs are expected to be complete by the end of 2018.

Sayres said Honeywell does not disclose employee counts for specific locations due to competitive reasons. A 2016 count by the Cedar Rapids Metro Economic Alliance estimated Honeywell has about 220 employees in the city.

Sayres could not say whether Honeywell's spinoffs would affect employment levels in Cedar Rapids.

"We're still in the early stages of this announcement. We're working out all the details on the spinoffs and how that's going to work with sites, locations, leadership, all of that. Those details have not been decided yet," he said.

Honeywell came to Cedar Rapids when it acquired Intermec in 2013 for $600 million. Intermec made radio-frequency identification and voice recognition systems, bar code scanners and printers, and other equipment.

In 2013, the company opened an 81,000-square-foot building downtown at 601 Third St. SE.

The Intermec operations are now a part of Honeywell's Safety and Productivity Solutions division, Sayres said. Cedar Rapids operations are focused on engineering, sales and information technology services, Sayres said.

Honeywell reported net sales of $39.3 billion in 2016 and had about 131,000 employees worldwide.

l Comments: (319) 398-8366; [email protected]

Like what you're reading?

We make it easy to stay connected:

Follow @TwitterDev

Subscribe to our email newsletters

Download our free apps

Your next Business articles

Holmes Murphy, Variety team up to donate ...

New Cedar Rapids Kwik Star opening Octob ...

Iowa trucking firm, Pyle Transportation, ...

___

(c)2017 The Gazette (Cedar Rapids, Iowa)

Visit The Gazette (Cedar Rapids, Iowa) at thegazette.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HONEYWELL INTERNATIONAL
11:01aHONEYWELL INTERNATIONAL : British Civil Helicopter Operator Selects Honeywell's ..
PR
02/22HONEYWELL INTERNATIONAL : Ex-dividend day for
FA
02/21HONEYWELL INTERNATIONAL INC. (LON : HON) Files An 8-K Entry into a Material Defi..
AQ
02/20HONEYWELL INTERNATIONAL INC : Entry into a Material Definitive Agreement, Creati..
AQ
02/20HONEYWELL : Introduces Simple, Cost-Effective Way To "Connect" Safety Equipment
PR
02/20HONEYWELL : Names Robert Vislosky Chief Procurement Officer
PR
02/19HONEYWELL INTERNATIONAL : Leading Edge Actuator Mod
AQ
02/19HONEYWELL INTERNATIONAL : Announces Darius Adamczyk To Assume Chairman Title In ..
AQ
02/17HONEYWELL INTERNATIONAL : MILITARY $301,300 Federal Contract Awarded to Honeywel..
AQ
02/15GLOBAL SMART WATER METERING MARKET B : Smart Water Metering market includes Hone..
AQ
More news
News from SeekingAlpha
08:40aTracking Dan Loeb's Third Point Portfolio - Q4 2017 Update 
02/21Eaton Lacks Sizzle, But The Valuation Is Interesting 
02/20FORTIVE : I Missed The Party 
02/15Upcoming Dividends; 40 Companies, 10 Increases, 5 Double-Digit Increases 
02/14ROAD TO FINANCIAL INDEPENDENCE : My January 88-Stock Portfolio Review 
Financials ($)
Sales 2018 42 361 M
EBIT 2018 8 279 M
Net income 2018 6 046 M
Debt 2018 8 842 M
Yield 2018 1,96%
P/E ratio 2018 19,35
P/E ratio 2019 17,64
EV / Sales 2018 2,94x
EV / Sales 2019 2,78x
Capitalization 116 B
Chart HONEYWELL INTERNATIONAL
Duration : Period :
Honeywell International Technical Analysis Chart | HON | US4385161066 | 4-Traders
Technical analysis trends HONEYWELL INTERNATIONAL
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 173 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Darius Adamczyk President, Chief Executive Officer & Director
Tim O. Mahoney President & Chief Executive Officer-Aerospace
Thomas A. Szlosek Chief Financial Officer & Senior Vice President
Krishna Mikkilineni Senior Vice President -Engineering Operations
Jaime Chico Pardo Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
HONEYWELL INTERNATIONAL0.64%115 846
3M-0.13%138 263
GENERAL ELECTRIC COMPANY-15.53%125 659
SIEMENS-4.33%115 853
ILLINOIS TOOL WORKS-3.30%55 078
JARDINE MATHESON HOLDINGS LIMITED2.39%45 398