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| Newjerseyxl » New Jersey Economy » Fortune 500 Companies in New Jersey » Honeywell International |
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Honeywell International |
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Among the Fortune 500 Companies in New Jersey, Honeywell International is one of the most important and since a long time it is continuing to provide great service to its customers around the whole world. The Honeywell International is one of the most prestigious and wealthy American multinational corporation. This company is famous worldwide for its production of wide range of consumer goods, aerospace systems and engineering services. Their consumers range varies from private consumers to major multinational corporations.
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Before selected as a Fortune 500 Companies in New Jersey, several things about a company is kept in mind. One of them is definitely the workforce. Honeywell International as a Fortune 500 Companies in New Jersey is currently having a workforce of over 100,000. This company has settled its headquartered in Morristown, New Jersey. Its current chief executive officer is David M. Cote. The company is also a major partner of the Dow Jones Industrial Average Index. Honeywell has many brands which have been appreciated and supported by customers all over the world. Some of the most recognizable products are its wide range of home thermostats, especially the iconic round category and automotive products which are sold under the names of Prestone, Fram, and Autolite.
Despite having such a big brand name, Honeywell International several times got involved in the controversies and disputes related to environmental issues. Due to this reason, in the year 2006, this multinational company stooped the manufacturing of Mercury switches. Honeywell ranks 44th in the list of those U.S. corporations which causes most air and environmental pollution by releasing more than 4.25 million kg of toxins per year into the air. In the year 2001 Honeywell International, by the order of the court paid $150,000 civil penalties for causing serious environmental violation.
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