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
12/09 BOEING : Federal Contracts Awarded by Federal Agencies in Alabama (Dec. 9)
12/09 RAYTHEON : Federal Contracts Awarded to Companies in Arizona (Dec. 9)
12/09 HONEYWELL INTERNATIONAL : MILITARY $566,800 Federal Contract Awarded to Honeywel..
12/09 HONEYWELL INTERNATIONAL : MILITARY $489,500 Federal Contract Awarded to Honeywel..
12/09 HONEYWELL INTERNATIONAL : MILITARY $279,500 Federal Contract Awarded to Honeywel..
12/08 HONEYWELL INTERNATIONAL : U.S. Patents Awarded to Inventors in Georgia (Dec. 8)
12/08 HONEYWELL INTERNATIONAL : U.S. Patents Awarded to Inventors in Florida (Dec. 8)
12/08 HONEYWELL INTERNATIONAL : U.S. Patents Awarded to Inventors in Minnesota (Dec. 8..
12/08 HONEYWELL INTERNATIONAL INC : Other Events (form 8-K)
12/07 HONEYWELL INTERNATIONAL : to buy 25 percent of Chinese supply chain software fir..
More news
News from SeekingAlpha
12/08 Honeywell OKs new $8B stock buyback program
12/06 3M Is Many Things (But It Is Not A Bargain)
12/05 November Dividend Income Report
12/04 Oh Honey, Are You Doing Too Well?
11/30 HONEYWELL : Overvalued
Financials ($)
Sales 2017 40 222 M
EBIT 2017 7 449 M
Net income 2017 5 455 M
Debt 2017 7 837 M
Yield 2017 1,79%
P/E ratio 2017 21,72
P/E ratio 2018 19,76
EV / Sales 2017 3,11x
EV / Sales 2018 2,94x
Capitalization 117 B
Chart HONEYWELL INTERNATIONAL
Duration : Period :
Honeywell International Technical Analysis Chart | HON | US4385161066 | 4-Traders
Technical analysis trends HONEYWELL INTERNATIONAL
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 157 $
Spread / Average Target 1,9%
EPS Revisions
Managers
NameTitle
Darius Adamczyk President, Chief Executive Officer & Director
Tim O. Mahoney President & Chief Executive Officer-Aerospace
David M. Cote Executive Chairman
Thomas A. Szlosek Chief Financial Officer & Senior Vice President
Krishna Mikkilineni Senior Vice President -Engineering Operations
Sector and Competitors
1st jan.Capitalization (M$)
HONEYWELL INTERNATIONAL32.12%117 062
GENERAL ELECTRIC COMPANY-43.80%153 583
3M33.43%141 832
SIEMENS-3.00%115 238
ILLINOIS TOOL WORKS INC.34.75%57 039
JARDINE MATHESON HOLDINGS LIMITED13.75%45 100