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Peter Lau Appointed President & CEO of Honeywell’s Industrial Automation Business

  • August 29, 2025
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Honeywell has announced the appointment of Peter Lau as President and CEO of its Industrial Automation business, effective October 15, 2025. A former President of Honeywell’s Security, Fire and Electrical Products businesses, Lau is returning to succeed Lucian Boldea, who is departing the company at the end of the month to pursue another opportunity. Lau will be based […]

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Honeywell To Improve Fire Safety And Protection At Phoenix Airport

  • July 21, 2025
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Honeywell has been selected by Phoenix Sky Harbor International Airport (PHX) to complete a comprehensive fire alarm system upgrade at its Terminal 4, which houses more than 80 airline gates spanning eight concourses. This critical safety enhancement involves upgrading the existing Honeywell fire alarm system originally installed in 2003 with modern automated devices and modules […]

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Honeywell Completes Sale of PPE Business For $1.3 billion

  • May 28, 2025
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Honeywell has completed the sale of its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. (“PIP”) for $1.325 billion in an all-cash transaction. PIP is a global supplier and manufacturer of PPE products and a portfolio company of Odyssey Investment Partners. The sale further advances Honeywell’s efforts to optimize its portfolio, while allowing the […]

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Honeywell Survey Reveals AI Has Potential To Improve Energy Security

  • May 9, 2025
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Honeywell has released its AI in the Energy Industry pulse survey, which reveals the majority of participating U.S. energy executives believe artificial intelligence (AI) has the near-term potential to improve and enhance energy security. According to the April 2025 BloombergNEF New Energy Outlook report, overall global energy demand is expected to increase 32% by 2050, […]

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Honeywell To Split Into Three Companies

  • February 12, 2025
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Honeywell has announced 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 the previously announced plan to spin Advanced Materials, will result in three publicly listed […]

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Honeywell To Sell PPE Business For $1.325 Billion

  • November 28, 2024
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Honeywell has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc., a portfolio company of Odyssey Investment Partners, for $1.325 billion in an all-cash transaction. The transaction will enable Honeywell to further simplify its portfolio in order to accelerate value creation in alignment with three compelling megatrends: automation, the future […]

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Honeywell & Samsung E&A To Reduce Power Plant Emissions

  • September 18, 2024
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Honeywell has announced a collaborative endeavor with SAMSUNG E&A to jointly market solutions aimed at the hard-to-abate power plant sector globally. The initiative seeks to reduce carbon emissions and contribute to the fight against climate change. It also supports Honeywell’s alignment of its portfolio to three powerful megatrends, including the energy transition. SAMSUNG E&A, a […]

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Honeywell Collaborates With Cisco On AI Project

  • September 9, 2024
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Honeywell has entered into a collaboration with Cisco on an AI-powered solution that automatically adapts building systems based on fluctuating usage levels, reducing energy consumption and optimising the environment for worker productivity and comfort. By combining Honeywell Forge Sustainability+ for Buildings and Cisco Spaces, the joint effort uses AI and machine learning to help monitor […]

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Danfoss And Honeywell To Enhance Collaboration

  • June 14, 2024
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Danfoss Drives has signed a non-binding memorandum of understanding (MoU) with Honeywell to explore a possible collaboration on innovating automation solutions with an integrated architecture, aiming to reduce downtime and lower engineering costs. Automation solutions are traditionally used to enhance efficiency, precision, safety and quality across various industries such as manufacturing, process industries, energy and […]