Honeywell Honeywell. is an American multinational corporation company that manufactures a diversity of commercial and consumer products, engineering services, and aerospace systems for an extensive range of customers, from private consumers to major corporations and governments. The Honeywell. is a global corporation headquartered in Morristown, New Jersey, United States. Honeywell is part of the Dow Jones stock index, S&P 500 and also included in the Fortune 500 companies providing employment to approximately 135,000 people. Honeywell has many brands that are popular among consumers. Some of the best known products are the range of thermostats for home and automotive products sold under the names of Prestone, Fram, and Autolite. Honeywell. was founded in 1906 in Minneapolis as the Butz Thermo-Electric Regulator Co. by Albert Butz engineer and inventor of a thermostat for oven. In 1912, the company took the name Minneapolis Heat Regulator Company, then in 1927, Minneapolis Heat Regulator Company and Honeywell Heating Specialty Co. merged to form Minneapolis-Honeywell Regulator Co. In 1970, Honeywell takes control of the computer division of General Electric. The company started initially with only heating control, today operates primarily in the aerospace, automation of building (regulatory, technical supervision, security and access control), and defence (military avionics, etc.). Honeywell has become a major supplier to the industry automobile, especially since the purchase of turbochargers Garrett including site Thaon-les-Vosges for France in recent years. Honeywell Technology Solutions (HTS) is a research lab within Honeywell dedicated to researching new products. This division is headquartered in Bangalore with a number greater than 5000 employees. HTS has development centres in Hyderabad, Madurai, Shanghai and Brno. Most of the flight control systems are created and tested in these laboratories. HTS offers technological and R & D services to various business units of Honeywell International. The assets of Honeywell's special materials began with a small company of sulphuric acid at the hands of the chemist William H. Nichols in 1870. Towards the end of the 19th century, Nichols created several companies and was recognized in the growing American chemical industry. The current "Honeywell." It is the product of a merger between AlliedSignal and Honeywell Inc. in 1999, Although AlliedSignal was the larger entity of the two and the union of the companies chose the name "Honeywell" to its brand recognition. However, the corporate headquarters were consolidated to AlliedSignal's headquarters in Morristown instead of the historical headquarters of Honeywell in Minneapolis, Minnesota. In 1991 the'' 'Honeywell's computer division''' was sold to Groupe Bull. In January 2013, Honeywell shut its subsidiary Ex-Or's factory in Haydock, Merseyside, UK and acquire RAE Systems & Intermec. For the year 2013, Honeywell. reported an annual revenue of US $39.1 Billion and a net profit of US $3.9 Billion.