Company Overview

Company Overview

108,000 employees in nearly 100 countries

A Fortune 100 company $23 billion sales in year 2003
One of 30 select companies represented by the Dow Jones
Industrial Average

On Money magazines list of 75 Best Benefits companies for

the third consecutive year December 2003

Winner of the Technology and Business Vision Award from

Start magazine and Microsoft, and the Control Engineering

Editors 2003 Choice Award, for Honeywells Experion PKS
system, an integrated solution that boosts manufacturing
capacity and cost effectiveness.

Company Leadership
CHAIRMAN & CEO
Dave Cote

PRESIDENT & CEO

Aerospace
Bob Johnson

PRESIDENT & CEO

Automation and
Control Solutions
Roger Fradin

PRESIDENT & CEO

Transportation Systems
Rob Gillette

PRESIDENT & CEO

Specialty Materials
Nance Dicciani

SR. VICE PRESIDENT &

Chief Financial Officer
Dave Anderson

PRESIDENT
Engines, Systems & Services
Russ Turner

PRESIDENT
Sensing & Control
Ron Sansom

PRESIDENT
Honeywell
Process Solutions
Jack Bolick

PRESIDENT
Garrett Engine
Boosting Systems
Rob Gillette

VP/GM
Performance Products
Mike Ryan

VP/GM
Research & Life
Science
Solutions
Whitney Erickson

SR. VICE PRESIDENT &

GENERAL COUNSEL
Peter Kreindler

PRESIDENT
Aerospace Electronic
Systems
Dean Flatt

PRESIDENT
Honeywell Security
Ben Cornett

VICE PRESIDENT
ACS Service Americas
Bill Higgins

PRESIDENT
Consumer Products
Group
Dave Lundstedt

VP/GM
Chemicals
Rich Preziotti

VP/GM
Electronic Materials
Paul Raymond

SR. VICE PRESIDENT

Human Resources and
Communications
Tom Weidenkopf

VP/GM
Aircraft Landing
Systems
Peg Billson

PRESIDENT
Fire Group
Mark Levy

VICE PRESIDENT &

GENERAL MANAGER
ACS Service EMEA
Grald Goubou

PRESIDENT
Friction Materials
Joe Puishys

VP/GM
Nylon
Walter Hubbard

PRESIDENT & CEO

UOP
Graeme Donald

SR. VICE PRESIDENT

Administration &
Chief Information Officer
Larry Kittelberger

VICE PRESIDENT
Commercial Aerospace
Lynn Brubaker

PRESIDENT
Environmental
Combustion & Control
Andreas Kramvis

PRESIDENT
Asia Pacific
John OHiggins

VICE PRESIDENT
Six Sigma &
Operations
Bill Ramsey
VICE PRESIDENT
Strategy & Business
Development
Rhonda Germany

VICE PRESIDENT
Defense & Space
Scott Starrett

Honeywells Business Segments

2003 Sales
Specialty
Materials

Aerospace

$3.2B
$8.8B
$7.5B
$3.7B

Automation
and Control Solutions

Total = $23B

Transportation
Systems

Broad and Diverse Businesses, Technologies and Products

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Honeywell Initiatives and Behaviors

The 4 Pillars of Growth

Honeywells first initiative is Growth. We will pursue organic growth
through four fundamental strategies, or pillars:

Doing a superb job for our customers every day in

quality, delivery, value, and technology

Superior Sales and Marketing

Globalization
Developing robust, funded technology roadmaps
for new products and services all supported with a
strong commitment to Design for Six Sigma (DFSS)

Each
Each Business
Business Has
Has Developed
Developed aa Game
Game Plan
Plan to
to Pursue
Pursue These
These Pillars
Pillars
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Aerospace
The worlds premier supplier of aircraft engines and systems, avionics and other products
and services for airliners, regional and business aircraft, military aircraft and spacecraft.
Businesses:

Aerospace Electronic Systems; Engines, Systems &

Services; Aircraft Landing Systems

Products:
Aircraft engines
Auxiliary power units
Integrated avionics and aircraft control systems
Aircraft safety systems
Precision guidance and navigation
Environmental control systems
Electric generation and distribution systems
Landing systems
Repair & overhaul
Spare parts
Support & services for space and communications facilities
After-sales avionics support solutions
Aircraft lighting
Aircraft cabin entertainment and passenger productivity
products/systems
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Aerospace
Representative Customers:
EADS/Airbus, Bell, Boeing, Bombardier,
Cessna, Dassault, Embraer, Fairchild
Dornier, FedEx, General Electric, Gulfstream,
Hughes, Learjet, Lockheed Martin, Northrop
Grumman, Raytheon, Sikorsky, Sino
Swearingen, United Technologies, U.S.
Department of Defense, U.S. Department of
Energy, U.S. National Aeronautics and Space
Administration (NASA), and leading airlines
and airport authorities
Competitive Strengths:
Growing and expanding core products;
systems integration; extending services;
enhancing safety; knowledge management
Global Presence:
40,000 employees worldwide
Headquarters: Phoenix, Arizona
Sales:
$8.8 billion in 2003
7

Automation and Control Solutions

A global leader in providing product and service solutions that improve efficiency and
profitability, support regulatory compliance, and maintain safe, comfortable environments
in homes, buildings and industry. Products and services are used around the world in
more than 100 million homes and buildings as well as in 24 of 25 top oil refineries.
Businesses:

Honeywell Fire Solutions; Honeywell Sensing &

Control; Honeywell Environmental Combustion &
Control; Honeywell Building Solutions; Honeywell
Process Solutions

Products:
Controls for heating, cooling, ventilation, air conditioning,
humidification, industrial process automation, video
surveillance, people and asset tracking and access control
equipment;
Security/fire alarm and industrial safety systems, home
automation systems;
Advanced software applications for home/building control
and industrial optimization;
Sensors, switches, control systems and instruments for
measuring pressure, air flow, temperature, electrical current
and more
Drinking water solutions
Combustion control solutions
Commitment to service
8

Automation and Control Solutions

Representative Customers:
Alcoa, AstraZeneca, BASF, Boeing, Brinks,
ChevronTexaco, DaimlerChrysler, DuPont, ExxonMobil,
General Motors, PDVSA, ConocoPhillips, Procter &
Gamble, Qatar General Petroleum, Sasol, Sinopec, Stora
Enso, Sydney Airport, TotalFinaElf, Weyerhaeuser, and
building and home owners, and others
Competitive Strengths:
Strong customer relationships; large installed base; hightechnology open-systems solutions & integration
expertise; broad distribution channels; worldwide brand
recognition; broad range of products, systems,
commitment and passion to service
Global Presence:
40,000+ employees in 100 countries
Headquarters: Minneapolis, Minnesota
Sales
$7.5 billion in 2003
9

Specialty Materials
A world leader in high-performance specialty materials such as fluorocarbons, specialty
films, advanced fibers, customized research chemicals and intermediates. We are also
one of the top five providers of materials and solutions to the semiconductor industry.

Businesses:
Electronic Materials, Chemicals, Performance Products, Research & Life
Science Solutions, Nylon, UOP (a JV with Dow Chemical)
Products:
Aclar film packaging
Enovate 3000 environmentally-friendly blowing agent
Spectra high performance fiber
DUO anti-reflective coating
Aegis nylon resin
Lumilux luminescent pigments
Genetron environmentally-friendly refrigerants
Anso carpet fibers and more

10

Specialty Materials
Representative Customers:
Cisco, Ericsson, Ford, DaimlerChrysler, GE, General Motors, Goodyear, IBM,
Michelin, Motorola, SC Johnson, Samsung, Sun Microsystems, 3M, United
Technologies, Shaw, Mohawk
Competitive Strengths:
Synergistic businesses which share
Strong technology base
Broad IP protection
Efficient assets
Market knowledge
Productivity culture
Global Presence:
10,300 employees in over 45 locations
Headquarters: Morristown, New Jersey
Sales
$3.2 billion in 2003
11

Transportation Systems
The worlds leading innovator of automotive turbochargers. We also offer some of the bestknown consumer automotive product brands and manufacture world-class braking material
for major auto manufacturers around the world.

Businesses:
Turbo, Consumer Products Group and Friction Materials
Products:
Garrett turbochargers
Prestone antifreeze/coolant
Autolite platinum spark plugs
FRAM automotive filters
Holts
Bendix and Jurid brake pads

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Transportation Systems
Representative Customers:
Advance Auto Parts, Auto Zone, BMW, Bosch, Canadian Tire, Continental
Teves, CSK Auto, DaimlerChrysler, Ford, General Motors, Honda, Nissan,
Renault, TRW, Volkswagen, Volvo, Wal-Mart
Competitive Strengths:
Innovative technologies, strong R&D capabilities,
superior brand recognition, strong customer
relationships, broad distribution network,
original equipment experience
Global Presence:
14,000+ employees in 18 countries.
Headquarters: Torrance, California
Sales:
$3.7 billion in 2003

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www.honeywell.com