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Honeywell

Honeywell International Inc. is a multinational conglomerate headquartered in Charlotte, North Carolina. Founded in 1906, the company operates in various industries, including aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. Honeywell is known for its innovative technologies and has a rich history of growth through strategic acquisitions and technological advancements.

Creation Time:2024-05-19 19 key nodes English

The Timeline

1906 — 2024

  1. 1906

    Foundation of Honeywell

    Honeywell was founded by Mark C. Honeywell as the Honeywell Heating Specialty Company in Wabash, Indiana, focusing on hot water heat generators.
  2. 1927

    Merger with Minneapolis Heat Regulator Company

    Honeywell merged with the Minneapolis Heat Regulator Company, forming the Minneapolis-Honeywell Regulator Company, significantly expanding its product line and market reach.
  3. 1934

    Introduction of the T-86 Round Thermostat

    Honeywell introduced the T-86 Round Thermostat, which became one of the most recognizable and popular thermostats in the world.
  4. 1955

    Expansion into Aerospace

    Honeywell entered the aerospace market by acquiring the Sperry Gyroscope Company, marking the beginning of its aerospace division.
  5. 1963

    Acquisition of Computer Control Company

    Honeywell acquired Computer Control Company, Inc., expanding its capabilities in the computer and automation sectors.
  6. 1986

    Acquisition of Sperry Aerospace

    Honeywell acquired Sperry Aerospace, further solidifying its position in the aerospace industry and enhancing its technological capabilities.
  7. 1999

    Merger with AlliedSignal

    Honeywell merged with AlliedSignal Inc., adopting the Honeywell name and significantly expanding its product portfolio and market presence.
  8. 2002

    Introduction of UOP LLC

    Honeywell acquired UOP LLC, a leading international supplier and licensor of process technology, catalysts, adsorbents, and equipment to the petroleum refining, petrochemical, and gas processing industries.
  9. 2008

    Acquisition of Norcross Safety Products

    Honeywell acquired Norcross Safety Products, enhancing its portfolio in personal protective equipment and safety solutions.
  10. 2010

    Launch of Honeywell Turbo Technologies

    Honeywell launched Honeywell Turbo Technologies, focusing on developing advanced turbocharger technologies for automotive applications.
  11. 2015

    Acquisition of Elster Group

    Honeywell acquired Elster Group, a leading provider of gas, electricity, and water meters, as well as related communications, networking, and software solutions.
  12. 2016

    Relocation of Headquarters

    Honeywell announced the relocation of its corporate headquarters from Morristown, New Jersey, to Charlotte, North Carolina, to better align with its strategic goals and business operations.
  13. 2018

    Spin-off of Resideo Technologies

    Honeywell completed the spin-off of its Homes and ADI Global Distribution business into a new publicly traded company, Resideo Technologies, Inc.
  14. 2019

    Acquisition of Transnorm

    Honeywell acquired Transnorm, a leading provider of engineered conveyor solutions, enhancing its capabilities in warehouse automation and logistics.
  15. 2020

    Introduction of Honeywell Forge

    Honeywell launched Honeywell Forge, an enterprise performance management solution designed to help businesses improve operational efficiency and reduce costs through advanced data analytics and insights.
  16. 2021

    Acquisition of Sparta Systems

    Honeywell acquired Sparta Systems, a leading provider of enterprise quality management software for the life sciences industry, expanding its offerings in digital transformation solutions.
  17. 2022

    Partnership with SAP

    Honeywell announced a strategic partnership with SAP to create a joint cloud-based solution that combines Honeywell Forge with SAP's enterprise software, enhancing data-driven decision-making for industrial operations.
  18. 2023

    Expansion of Sustainable Solutions

    Honeywell expanded its portfolio of sustainable solutions, including advanced materials and technologies aimed at reducing carbon emissions and improving energy efficiency across various industries.
  19. 2024

    Launch of Quantum Computing Solutions

    Honeywell announced the launch of its quantum computing solutions, aimed at solving complex computational problems across industries such as pharmaceuticals, materials science, and finance.

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