5 days ago · Aerospace titan Honeywell announced Thursday that it will split into three independent and publicly traded companies.. The company said that it will create Honeywell Automation and Honeywell ...

5 days ago · CHARLOTTE, N.C., Feb. 6, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today that its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies.The planned separation, coupled with …

5 days ago · Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa.. The company said Thursday that it will separate from its automation and aerospace technologies businesses.

5 days ago · Honeywell will split into three independently listed companies after activist investor Elliott Management took a $5 billion stake in the industrial giant.

5 days ago · Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa ...

5 days ago · This action helps Honeywell fit a larger trend of industrial giants simplifying processes to improve market competitiveness. General Electric recently went through a similar split, which benefited ...

5 days ago · In major move, Honeywell to split into three companies. Not all will remain in Charlotte. ... Honeywell employs 97,000 people worldwide, including 1,150 in Charlotte, Leopold said. Honeywell moved ...

5 days ago · Honeywell plans to follow General Electric down the de-conglomeration path, splitting itself into three separate companies. The industrial giant has slowly been splitting itself apart for more than a year, selling its personal protection equipment (PPE) division for $1.3 billion and announcing plans to spin its advanced materials business into a standalone company.

5 days ago · The decision to split into three is nevertheless a victory for Elliott, which had called on Honeywell to end its conglomerate structure and split itself into two.

5 days ago · Honeywell will split into 3 companies, ending the run for one of the few remaining U.S. industrial conglomerates BY Michelle Chapman and The Associated Press A Honeywell plant on April 4, 2020, in ...