Top 10 Conglomerates in USA 2016

Posted in Top Brand Lists, Total Reads: 8476

8. Honeywell

Honeywell is a Multinational conglomerate and is one of the most recognized brands worldwide.

Image: flickr-photos/atelmedia/

Its products ranging across various industries such as Consumer Home, Aerospace & Defense, Vehicles, Buildings, Oil & Gas, Personal Safety, and Scanning & Mobile Productivity. Its popular product range include Thermostats, Humidifiers, Light Timers, Security Alarm & Video Surveillance etc.

Along with that it also provides Water Solutions, Combustion Control, Humidification & De-Humidification units, Ventilation, Filtration and Zoning equipment, Cockpit and Cabin Electronics, wireless connectivity equipment, Cloud based Notification and Emergency Messaging Systems. Honeywell develops its products keeping in mind the Honeywell User Experience (HUE) which is one of an important process initiatives to understand the customer needs and design value added products to meet those needs.

It also believes in its vision for a secure, comfortable, cleaner and more efficient future and also believes in innovation as a means to achieve it. Honeywell since its inception has acquired many companies (More than 80 acquisitions since 2002) and operates 25 wholly owned subsidiaries, 142 branch offices and Joint Ventures in five countries outside US.

Honeywell’s 50% of the portfolio is linked to energy-efficiency and it employs over 1, 30, 000 employees. The current Honeywell is a merger between Allied signal and Honeywell Inc. Allied signal though being twice the size of Honeywell Inc. chose the name Honeywell because of its brand presence. David M. Cote is the current chairman and CEO of Honeywell International, Inc. and is responsible for steering its success since 2002.

Founded: 1906

Market Cap: $ 86.9 bn.

Revenue: $ 38.58 bn.

Net Income: $ 4.768 bn.

Total Assets: $ 49.31 bn.

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