Honeywell which is registered as HON in the NYSE, is a major American multinational conglomerate company that produces a variety of consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments.

Honeywell was founded upon the invention of the damper flapper, a thermostat for coal furnaces, by Albert Butz, in 1885. In 1906, Mark C. Honeywell founded Honeywell Heating Specialty Co., Inc. in Wabash, Indiana. Honeywell’s company merged with Minneapolis Heat Regulator Company in 1927.

Honeywell is listed as a Fortune 500 company with a workforce of approximately 122,000 employees, of which approximately 57,000 are employed in the United States. The company is headquartered in Morristown, New Jersey. Its current chief executive officer is David M. Cote. The company was part of the Dow Jones Industrial Average Index until it was replaced on February 9, 2008.

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