Honeywell

Honeywell is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London and Chicago Stock Exchanges.

Honeywell has a long history in China that goes back to 1935 when it established the first franchise in Shanghai. When U.S. President Nixon visited China in 1972, he was invited by the Chinese government to recommend the best enterprises from 10 sectors to drive bilateral exchanges between the two countries, and to accelerate China's modernization development. Honeywell’s wholly-owned subsidiary UOP was the only company in the field of refining and batch chemicals selected and recommended to the Chinese government. Another new starting point for Honeywell was when China reformed its economy and adopted the “open-door” policy in the 1980s. Honeywell was among the first multinationals to set up a representative office in Beijing, where they began a series of high-quality investments. Today, all of Honeywell’s four Strategic Business Groups are represented in China, and all of them have relocated their Asia Pacific headquarters to China. Over the years, Honeywell has set up subsidiaries and joint ventures in over 20 cities across the country. As of today, Honeywell has invested $1 billion in China and employs approximately 12, 000 people.

Website: www.honeywell.com