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HONEYWELL INTERNATIONAL INC.

(HON)
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Ultium Cells Selects Honeywell International Inc. Quality Control System for Lithium-Ion Battery Production Plant

09/22/2021 | 10:01am EDT

Honeywell International Inc. announced that Ultium Cells LLC, a joint venture between LG Energy Solution and General Motors (GM), will use Honeywell's Quality Control System (QCS) to ensure the quality and integrity of the lithium-ion batteries produced at its new manufacturing plant in Lordstown, Ohio. Due to be completed in 2022, the 2.8 million square-foot factory will produce lithium-ion battery cells for GM electric vehicles ranging from Cadillac sedans to Hummers and will be one of the largest electric vehicle battery plants in the United States. Honeywell's QCS will deploy compact, high-precision scanners and basis weight sensors to serve as the quality control platform for four of the Lordstown plant's production lines. Honeywell's system will help Ultium Cells meet key quality requirements by measuring electrode coat weight, a key parameter in the production of battery cells. In addition, Honeywell's modular platform and proven industry expertise will help Ultium Cells ensure long-term success by adapting new measurement and control technology as battery cell production requirements evolve.


ę S&P Capital IQ 2021
All news about HONEYWELL INTERNATIONAL INC.
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09:21aUBS Adjusts Honeywell International's Price Target to $229 From $230, Maintains Neutral..
MT
10/25HONEYWELL INTERNATIONAL : Wells Fargo Adjusts Honeywell International's Price Target to $2..
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10/25HONEYWELL INTERNATIONAL : Barclays Adjusts Price Target for Honeywell International to $25..
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10/25HONEYWELL INTERNATIONAL : Deutsche Bank Adjusts Honeywell International PT to $247 From $2..
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10/25HONEYWELL INTERNATIONAL : Credit Suisse Lowers Honeywell International's PT to $243 from $..
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10/25HONEYWELL INTERNATIONAL : RBC Trims Price Target on Honeywell International to $224 From $..
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Financials (USD)
Sales 2021 34 561 M - -
Net income 2021 5 610 M - -
Net Debt 2021 8 491 M - -
P/E ratio 2021 27,1x
Yield 2021 1,74%
Capitalization 150 B 150 B -
EV / Sales 2021 4,58x
EV / Sales 2022 4,25x
Nbr of Employees 103 000
Free-Float 72,0%
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Honeywell International Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends HONEYWELL INTERNATIONAL INC.
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TrendsNeutralNeutralBullish
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 217,54 $
Average target price 241,50 $
Spread / Average Target 11,0%
EPS Revisions
Managers and Directors
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
Victor J. Miller Secretary, Chief Compliance Officer & VP
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