Honeywell International Inc. is a Fortune 100 technology company based in the United States, known for its diverse range of industries, including aerospace, building technologies, performance materials, and safety solutions. Founded in 1906, Honeywell has grown into a global giant with operations in over 70 countries. It specializes in developing high-quality products and solutions that help drive efficiency, productivity, and sustainability in various sectors.
With a focus on innovation and technology, Honeywell plays a significant role in key industries such as aviation, energy, automation, and safety systems. The company is widely recognized for its groundbreaking work in creating smart, connected products and systems, contributing to a safer and more sustainable world. Honeywell’s ability to innovate continuously has positioned it at the forefront of industry 4.0 advancements.
CEO and Founder of Honeywell
Honeywell was founded by Mark C. Honeywell in 1906 as a manufacturer of heating systems. The company has since evolved and diversified into multiple industries under the leadership of numerous CEOs. Currently, Darius Adamczyk serves as the Chairman and CEO of Honeywell. Since assuming the role in 2017, Adamczyk has focused on driving digital transformation and expanding Honeywell’s presence in connected technologies. Under his leadership, Honeywell has embraced digital solutions like the Honeywell Forge, a platform for enterprise performance management that leverages data to optimize operations. Adamczyk’s vision for the company revolves around expanding its digital capabilities while maintaining its commitment to sustainability and innovation.
List of Top Companies Under Honeywell
Honeywell has acquired several companies over the years to expand its technological portfolio and improve its presence in different industries. Below is a list of top companies under Honeywell and their respective valuations:
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| Intelligrated | 2016 (Acquired) | $1.5 Billion | Warehouse Automation |
| Elster Group | 2015 (Acquired) | $5.1 Billion | Gas and Electricity Metering |
| UOP LLC | 1956 (Acquired) | $10 Billion | Energy and Petrochemicals |
| Sperian Protection | 2010 (Acquired) | $1.4 Billion | Personal Protective Equipment (PPE) |
| Metropolis Technologies | 2022 (Acquired) | Undisclosed | Building and Smart City Solutions |
| Nextnine Ltd. | 2017 (Acquired) | $80 Million | Industrial Cybersecurity Solutions |
| Honeywell Sensing & Productivity Solutions | Honeywell Division | $8 Billion | Sensors, Scanning, and Mobility Systems |
| King’s Safetywear | 2013 (Acquired) | $338 Million | Safety Footwear |
| Movilizer | 2016 (Acquired) | $200 Million | Cloud and Mobility Software Solutions |
| Tridium | 2005 (Acquired) | $300 Million | Building Automation and Controls |
FAQs About Honeywell
Q1: When was Honeywell founded, and who is its founder?
A: Honeywell was founded in 1906 by Mark C. Honeywell as a manufacturer of heating systems. Over the years, it has grown into a global technology and manufacturing conglomerate.
Q2: Who is the current CEO of Honeywell?
A: The current CEO of Honeywell is Darius Adamczyk, who has been in the role since 2017. He is also the Chairman of the company.
Q3: What industries does Honeywell operate in?
A: Honeywell operates in various industries, including aerospace, building technologies, performance materials, safety, and productivity solutions.
Q4: What are some of the key companies under Honeywell?
A: Some of the top companies under Honeywell include Intelligrated, UOP LLC, Elster Group, Sperian Protection, and Tridium.
Q5: What is Honeywell’s market capitalization?
A: As of 2024, Honeywell's market capitalization is approximately $125 billion, making it one of the largest technology companies in the world.
Q6: How does Honeywell contribute to sustainability?
A: Honeywell focuses on creating energy-efficient products and solutions that reduce environmental impact. It has made significant advancements in smart building solutions and renewable energy technologies.
