Company History-Honeywell
1885
Start-up
Back in 1885, an inventor named Albert Butz founded the Butz Electric Thermostat Company in Minneapolis, USA. Later, he successfully developed a sophisticated device called "damper damper" that can help automatically adjust the indoor temperature. When the room temperature drops below the preset temperature, the thermostat will connect the circuit, pull the damper off the motor gear, rotate the crank connected to the motor shaft, drive the chain to open the damper of the furnace, and when air comes in, the fire will automatically burn and heat up. When the temperature rises to the preset level, the thermostat will send a signal to the motor to close the damper and suppress the fire.
For many years, many of Honeywell's products have been extensions of this closed-loop system design. The company's outstanding performance was noticed and acquired by Consolidated Temperature Controlling Co.Incorporated. In 1893, the company was renamed Electric Heat Regulator Co. The company's first advertisement was the famous thermostat. In 1898, the Electric Heat Regulator Company was acquired by W.R.Sweatt and renamed the Minneapolis Heat Regulator Company in 1916. The company's product line continued to expand.
1906
Meanwhile, in Wabash, Indiana, USA... Honeywell Specialty Heater Company was established
In 1904, young engineer Mark Honeywell perfected the heater and became part of his own pipe manufacturing and heating business. Two years later, Honeywell Specialty Heater Company (Honeywell Heating Specialty Co, incorporated) was established to specialize in water heaters. Later, Electric Heat Regulator Co (Electric Heat Regulator Co) expanded its product line and changed its name to Minneapolis Heat Regulator Company (MHR).
1927
Official name change
In 1927, the Minneapolis Heat Regulator Company merged with Honeywell Specialty Heater Company to form the Minneapolis-Honeywell Regulator Company, which became the largest manufacturer of high-quality jewelry and watches at the time. The company made several successful acquisitions in the field of controllers during its operation, among which it is worth mentioning Brown Instrument Co., a global leader in industrial controllers and indicators, and the inventor of the pyrometer. After more than 30 years of development, the company officially changed its name to Honeywell in 1963. In fact, people had inadvertently called the company Honeywell for nearly 40 years before that.
1969
Assisting the moon landing
On July 20, 1969, Honeywell's instruments helped Apollo 11 and American astronauts Neil Armstrong and Edwin "Buzz" Aldrin land on the moon. Honeywell provided crucial components for this mission. For example, 16,000 Honeywell parts were used in the 14 separate electronic devices that make up the stability and control system (SCS). At the same time, Honeywell pilots assisted in flight testing.
2005-2016
Twenty Years of Acquisitions
In the early 21st century, Honeywell continued to grow by acquiring businesses in various industries. In 2005, we acquired Universal Oil Products (UOP), a leading international supplier and licensor of services to petroleum refining, natural gas processing, petrochemical production and major manufacturing industries. Three years later, we acquired Metrologic Instruments, which produces lasers, mobile imaging and long-range scanners. In 2016, Intelligrated joined the mix. They provide automation solutions for distribution centers and warehouses.
2018
Residential and Transportation Systems become new companies
Honeywell spins off its Home business into a separate, publicly traded company. Resideo, which still produces Honeywell home products as a licensed brand. In the same year, the traffic systems business was also spun off as Garrett Motion.
2019
Headquarters moved to Charlotte
In August 2019, Honeywell moved its headquarters from Morris Plains, New Jersey to Charlotte, North Carolina.
