Industry News

UOP Selected To Provide Technology For Propylene Production In China

November 29, 2011

UOP LLC, a Honeywell (NYSE: HON) company, announced today that it has been selected by Zhejiang Julong Petrochemical Co. Ltd (ZJLPC) to provide key technology for a new unit to produce propylene at its facility in Pinghu City, Zhejiang Province, China.

Turbochargers Enable 20 To 40 Percent Better Fuel Economy Helping Automakers Reach CAFE Targets

November 29, 2011

Honeywell (NYSE: HON) Turbo Technologies, the leading global developer of automotive turbochargers, is providing the technology auto makers need to achieve the next generation of U.S. fuel economy standards. Honeywell turbos allow manufacturers to downsize from larger engines to smaller ones which are more fuel efficient, have improved emissions and still maintain the performance characteristics American consumers want.

Honeywell Completes Sale Of Its Consumer Products Group Business To Rank Group Limited

November 29, 2011

Honeywell (NYSE: HON) today announced it has completed the sale of its Consumer Products Group (CPG) business to Rank Group Limited in a cash transaction valued at approximately $ 950 million.

Invests In Next Generation Of Aviation Engineers In India

November 29, 2011

Honeywell (NYSE: HON) is launching a national ‘Aero Club’ program to educate Indian school children, at selected schools, on the principles of aviation and aerospace modeling.

Honeywell Extends Tender Offer For All Outstanding Shares Of EMS Technologies, Inc.

November 29, 2011

Honeywell (NYSE: HON) today announced that its wholly-owned subsidiary, Egret Acquisition Corp., is extending until 5:30 p.m., New York City time, on August 19, 2011, its previously-announced cash tender offer for all of the outstanding shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG), including the associated common stock purchase rights, at a price of $33.00 per share, without interest and net of applicable withholding taxes.

Receipt of All Regulatory Approvals Relating to Tender Offer For Shares of EMS

November 28, 2011

Honeywell (NYSE: HON) today announced that it has received all required regulatory approvals in connection with the previously-announced cash tender offer made by Egret Acquisition Corp., a wholly-owned subsidiary of Honeywell, to purchase all of the outstanding shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG), including the associated common stock purchase rights, at a price of $33.00 per share, without interest and net of applicable withholding taxes. On August 15, 2011, Honeywell received the last of the required approvals from the Federal Communications Commission in connection with the tender offer. Honeywell had previously received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and required foreign antitrust approvals in Canada and Austria.

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