Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Honeywell International Inc.    HON

HONEYWELL INTERNATIONAL INC.

(HON)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Honeywell International : Further Expands N95 Face Mask Production By Adding Manufacturing Capabilities In Phoenix

11/20/2020 | 11:15am EST

CHARLOTTE, N.C., March 30, 2020 -- Honeywell (NYSE: HON) today announced that it is adding manufacturing capabilities in Phoenix to produce N95 face masks in support of the U.S. government's response to the novel coronavirus (COVID-19).

The company's Phoenix expansion, coupled with previously announced new production in Rhode Island, will allow Honeywell to produce more than 20 million N95 disposable masks monthly to combat COVID-19 in the U.S. New manufacturing equipment to support the effort will arrive in Phoenix beginning this week.

'We at Honeywell are proud of our role in providing essential equipment to the first responders and medical professionals we are relying on during this crisis,' said Darius Adamczyk, Honeywell chairman and chief executive officer. 'We have moved quickly to expand our production capacity for N95 masks globally and are pleased to announce our second new U.S. manufacturing line to supply the Strategic National Stockpile.'

Honeywell anticipates that the new mask production line in Phoenix will create more than 500 new jobs in Arizona. The company has already begun recruiting, hiring and training manufacturing workers on the site. Today's announcement brings the total number of U.S. jobs created by Honeywell's new mask manufacturing capabilities to more than 1,000.

The N95 face masks will be delivered to the U.S. Department of Health and Human Services to contribute to the American stockpile for use to support health, safety and emergency response workers. The Phoenix facility will prioritize fulfilling the U.S. government's procurement, but it will also have the capacity to produce face masks for U.S. states and American healthcare and emergency response organizations.

Honeywell's production expansion will also support additional American businesses, including industrial equipment providers and raw materials suppliers. The company is collaborating with state and local officials to ramp up production efforts and support hiring and training.

Honeywell's Phoenix Engines campus is one of the company's largest, and since 1950 has been dedicated to the design and manufacture of propulsion engines and auxiliary power units for a variety of commercial and military aircraft. The facility will continue its aircraft technology manufacturing operations alongside the new protective gear production.

Honeywell is an industry-leading provider of intelligent safety solutions and personal protective equipment that help organizations keep their workers safe and healthy on the job. The company's offerings include hazardous gas detectors, safety software solutions and personal protective equipment such as face masks, goggles, respirators, protective footwear, and industrial face shields.

About Honeywell

Honeywell is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Disclaimer

Honeywell International Inc. published this content on 04 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 November 2020 16:14:05 UTC


© Publicnow 2020
All news about HONEYWELL INTERNATIONAL INC.
01/15Equities End Lower as Biden Unveils $1.9 Trillion Stimulus Plan, Retail Sales..
MT
01/15HONEYWELL INTERNATIONAL : UBS Adjusts PT on Neutral-Rated Honeywell Internationa..
MT
01/15HONEYWELL INTERNATIONAL : Survey Reveals 68% Of Surveyed Workers Do Not Feel Com..
AQ
01/14HONEYWELL INTERNATIONAL : Public-Private Partnership Targets 1 Million Vaccinati..
PU
01/13HONEYWELL : Launches Next-Generation Digital Cabin Pressure Control And Monitori..
PR
01/13HONEYWELL : Survey Reveals 68% Of Surveyed Workers Do Not Feel Completely Safe I..
PR
01/12HONEYWELL INTERNATIONAL : Delivers 225 Million N95 and Surgical Masks in Decembe..
AQ
01/12HONEYWELL INTERNATIONAL : Resolves Claims with Garrett Motion Inc
AQ
01/12HONEYWELL : To Release Fourth Quarter Financial Results And Announce 2021 Outloo..
PR
01/08Sense Photonics jumps into self-driving fray with new sensor technology
RE
More news
Financials (USD)
Sales 2020 32 146 M - -
Net income 2020 4 892 M - -
Net Debt 2020 6 300 M - -
P/E ratio 2020 30,2x
Yield 2020 1,73%
Capitalization 145 B 145 B -
EV / Sales 2020 4,71x
EV / Sales 2021 4,46x
Nbr of Employees 113 000
Free-Float 73,2%
Chart HONEYWELL INTERNATIONAL INC.
Duration : Period :
Honeywell International Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HONEYWELL INTERNATIONAL INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 207,35 $
Last Close Price 206,76 $
Spread / Highest target 25,7%
Spread / Average Target 0,28%
Spread / Lowest Target -32,3%
EPS Revisions
Managers and Directors
NameTitle
Darius Adamczyk Chairman & Chief Executive Officer
Gregory P. Lewis Chief Financial Officer & Senior Vice President
Krishna Mikkilineni SVP-Engineering Operation & Information Technology
Suresh Venkatarayal Chief Technology Officer
Clive Richard Hollick Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
HONEYWELL INTERNATIONAL INC.-2.79%144 526
SIEMENS AG1.97%115 665
GENERAL ELECTRIC COMPANY4.91%99 249
3M COMPANY-5.29%95 493
ILLINOIS TOOL WORKS INC.-0.34%64 314
HITACHI, LTD.7.77%39 819