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This excerpt taken from the HON 8-K filed Oct 23, 2009.

Automation and Control Solutions

Sales were down 14%, compared with the third quarter of 2008, resulting from slower economic growth and the unfavorable impact of foreign exchange, partially offset by continued growth in emerging regions, new product introductions, and the net favorable impact from acquisitions and divestitures.
Segment profit was flat due to lower sales, while segment margin increased 180 bps to 13.5% driven by cost savings initiatives and benefits from prior repositioning actions.
Building Solutions completed one of the largest solar projects for the Army at Fort Dix, N.J., part of an energy savings performance contract (ESPC) valued at $17.6 million. The ESPC will decrease energy consumption at the post by almost 10% annually.
Building Solutions signed a $33.6 million, 20-year energy efficiency and facility renewal program with the Minneapolis Public Housing Authority (MPHA). The program will help MPHA improve its infrastructure and reduce energy consumption, saving more than $3.7 million in utility costs per year. The program, which will impact more than 40 high-rise buildings and 700 single-family residences across the city, is one of the largest projects of its kind.
Process Solutions was selected to automate Flambeau River Biofuels, the largest green diesel plant in the United States. Honeywell will provide the Park Falls, Wisconsin plant with a fully-integrated system to help produce 18 million gallons of green diesel annually from wood waste and forest residue.
Honeywell Life Safety received a $3.5 million order from Y-12 National Security Complex in Oak Ridge, Tennessee, a U.S. Department of Energy facility, for respiratory protection products.

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Q3 Results - 3

This excerpt taken from the HON 8-K filed Jul 27, 2009.

Automation and Control Solutions

•	Sales were down 17%, compared with the second quarter of 2008, resulting from lower volumes and the unfavorable impact of foreign exchange partially offset by the net favorable impact from acquisitions and divestitures.

•	Segment profit declined 11%, primarily due to volume declines, while segment margin increased by 70 bps to 11.5%, due to net productivity improvements.

•

Process Solutions signed a definitive agreement valued at approximately $400 million to acquire RMG Group, a Germany-based global leader in natural gas measuring and control products, services, and integrated solutions. The acquisition will build Honeywell’s presence in natural gas transportation, storage, distribution, and industrial consumption.

•

Building Solutions was awarded a $23 million contract from the Royal Canadian Mounted Police to provide a perimeter intrusion detection system for major venues that will be used during the Vancouver 2010 Olympic and Paralympic Winter Games. Honeywell is responsible for the installation, support, and eventual removal of the system, which will help secure approximately 27 kilometers of event perimeter.

•

Safety Products, part of Honeywell Life Safety, received a $3 million order from the New York City Fire Department for firefighter turnout gear and a $2.3 million order from the U.S. military for safety butyl gloves.

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Q2 Results - 3

Transportation Systems

•	Sales were down 41%, compared with the second quarter of 2008, resulting from lower volumes and the negative impact of foreign exchange.

•	Segment profit declined 83% and segment margin decreased by 800 bps to 3.2%, due to lower sales volumes partially offset by increased productivity driven by cost savings initiatives.

•

Turbo Technologies was awarded contracts estimated at more than $500 million in revenue over the life of these new platforms. The contracts include new technology solutions for downsized gasoline and small diesel passenger vehicle engines and large on-road commercial applications. The engines will be produced for the European, U.S., and Japanese markets beginning in 2011.

•	Honeywell launched its new variable geometry turbocharger on the latest Volkswagen Golf TDI, which is now on sale in Europe. This new 1.6L turbocharged engine will also be fitted on several models throughout the Volkswagen group including the Audi A3, Seat Leon, Skoda Octavia, and Seat Altea.

Specialty Materials

•	Sales were down 28%, compared with the second quarter of 2008, primarily resulting from lower volumes at UOP and pass through of raw material price declines at our Resins and Chemicals business.

•	Segment profit declined 19%, primarily due to volume declines, while segment margin increased 150 bps to 14.3%, due to the positive impact of cost savings initiatives.

•	Honeywell UOP's proprietary biofuel process technology produced jet fuel made from biofeedstocks that performed as well or better than jet fuel produced from petroleum in test flights. The test results were announced by Boeing and its partners at the 2009 Paris Air Show.

•

Advanced Fibers and Composites introduced a new Gold Shield® ballistic material with improved ability to stop bullets and fragments in military and police armor applications. The business also announced that protective storm curtains for residential homes made with its Spectra® fiber are now certified to withstand category five hurricanes.

Honeywell will discuss its results during its investor conference call today starting at 8:00 a.m. EDT. To participate, please dial (719) 325-4821 a few minutes before the 8:00 a.m. start. Please mention to the operator that you are dialing in for Honeywell’s investor conference call. The live webcast of the investor call will be available through the “Investor Relations” section of the company’s Website (http://www.honeywell.com/investor). Investors can access a replay of the conference call from 11:00 a.m. EDT, July 27, until midnight, August 3, by dialing (719) 457-0820. The access code is 4808354.

Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

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This excerpt taken from the HON 10-Q filed Apr 24, 2009.

Automation and Control Solutions


	Three Months Ended March 31,

	2009			2008

Net sales	$	3,001		$	3,180
% change compared with prior period		(6	)%
Segment profit	$	311		$	328
% change compared with prior period		(5	)%

Automation and Control Solutions (“ACS”) sales decreased by 6 percent in the first quarter of 2009 compared with the first quarter of 2008, including an unfavorable impact of foreign exchange of 9 percent, and decreased sales volume (reflecting slower global economic growth) partially offset by a 7 percent growth from acquisitions and the impact of additional reporting days in the current quarter.


	•	Sales in our Products businesses decreased by 5 percent, including (i) lower volume of sales most significantly of security, sensing and control, and environmental and combustion control products and (ii) the unfavorable impact of foreign exchange. Softness in key product end-markets, including residential construction and transportation, were partially offset by the positive impact of acquisitions, most significantly Norcross Safety Products and Metrologic Instruments.

	•	Sales in our Solutions businesses decreased by 6 percent driven by the unfavorable impact of foreign exchange partially offset by volume increases, most notably due to strong conversion to sales from our energy project order backlog. Additionally, we are monitoring our long-cycle solutions businesses for signs of softening demand. Orders and backlog decreased in the first quarter primarily due to the unfavorable impact of foreign exchange and order delays.

ACS segment profit decreased by 5 percent in the first quarter of 2009 compared with the first quarter of 2008. This decrease is due principally to lower sales as a result of the factors discussed above and inflation, partially offset by price and productivity driven by cost savings initiatives.

This excerpt taken from the HON 8-K filed Apr 24, 2009.

Automation and Control Solutions

Sales were down 6%, compared with the first quarter of 2008, resulting from the unfavorable impact of foreign exchange partially offset by net growth from acquisitions.
Segment profit declined 5%, primarily due to volume declines, while segment margin increased by 10 bps to 10.4%, due to net productivity improvements.
Process Solutions announced that Shire Human Genetic Therapies will use several Honeywell solutions – including Experion^®Process Knowledge System^®, Experion Batch Manager, the OneWireless^™industrial wireless network, and Uniformance Process Historian Database – to control manufacturing processes at its new $250 million production facility in Lexington, Massachusetts.
Building Solutions was selected by the U.S. Army Corps of Engineers to help the Department of Defense and other federal agencies address energy consumption in their facilities. Honeywell was one of 16 energy services companies to receive a contract for this new program, which could involve as much as $900 million in energy efficiency, renewable energy, and water conservation projects over the next 10 years.
Honeywell introduced the 5870API Wireless Asset Protection Sensor that guards against theft in both residential and commercial security settings. One of the newest additions of Honeywell’s popular 5800 Series of wireless devices, the 5870API attaches easily to virtually any valuable requiring protection within a home or business, including paintings, flat screen televisions, and other electronics, family heirlooms, safes, machinery, office equipment, and more.

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Q1 Results - 3

This excerpt taken from the HON 10-K filed Feb 13, 2009.

Automation and Control Solutions

Our Automation and Control Solutions segment is a leading global provider of environmental and combustion controls, sensing controls, security and life safety products and services and process automation and building solutions and services for homes, buildings and industrial facilities.


Product/Service Classes	Major Products/Services	Major Customers/Uses	Key Competitors
Environmental and combustion controls; sensing controls	Heating, ventilating and air conditioning controls and components for homes and buildings Indoor air quality products including zoning, air cleaners, humidification, heat and energy recovery ventilators Controls plus integrated electronic systems for burners, boilers and furnaces Consumer household products including humidifiers and thermostats Electrical devices and switches Water controls Sensors, measurement, control and industrial components	Original equipment manufacturers (OEMs) Distributors Contractors Retailers System integrators Commercial customers and homeowners served by the distributor, wholesaler, contractor, retail and utility channels Package and materials handling operations Appliance manufacturers Automotive companies Aviation companies Food and beverage processors Medical equipment Heat treat processors Computer and business equipment manufacturers	Bosch Cherry Danfoss Eaton Emerson Endress & Hauser Holmes Invensys Johnson Controls Motorola Schneider Siemens United Technologies Yamatake

Security and life safety products and services	Security products and systems Fire products and systems Access controls and closed circuit television Home health monitoring and nurse call systems Gas detection products and systems Emergency lighting Distribution Hand held imagers Mobile and wireless computers Personal protection equipment	OEMs Retailers Distributors Commercial customers and homeowners served by the distributor, wholesaler, contractor, retail and utility channels Health care organizations Security monitoring service providers Industrial, fire service, utility distributors and U.S. Government	Bosch Draeger GE Intermec Technologoes Mine Safety Appliances Motorola Pelco Phillips Riken Keiki Siemens Tyco United Technologies 3M, Sperian Protection, Hubbell Inc.

Process automation products and solutions	Advanced control software and industrial automation systems for control and monitoring of continuous, batch and hybrid operations Production management software Communications systems for Industrial Control equipment and systems Consulting, networking engineering and installation Terminal automation solutions Process control instrumentation Field instrumentation Analyti cal instrumentation Recorders Controllers Critical environment control solutions and services Aftermarket maintenance, repair and upgrade	Refining and petrochemical companies Chemical manufacturers Oil and gas producers Food and beverage processors Pharmaceutical companies Utilities Film and coated producers Pulp and paper industry Continuous web producers in the paper, plastics, metals, rubber, non- wovens and printing industries Mining and mineral industries	ABB AspenTech Emerson Invensys Siemens Yokogawa

This excerpt taken from the HON 8-K filed Jan 30, 2009.

Automation and Control Solutions

Sales were up 3%, compared with the fourth quarter of 2007, with net growth from acquisitions and divestitures, offset by the unfavorable impact of foreign exchange.
Segment profit grew 12%, while segment margin increased by 110 bps to 13.4%, driven by increased productivity, partially offset by inflation.
Building Solutions was awarded an Indefinite Delivery Indefinite Quantity Energy Savings Performance Contract (ESPC) by the U.S. Department of Energy, which allows Honeywell to implement up to $5 billion of energy efficiency, renewable energy and water conservation projects at federally owned buildings and facilities globally over the next 10 years.
Process Solutions announced an $11 million contract to provide process control hardware and software to Nuon’s Magnum plant, a 1,300 megawatt combined-cycle power station under construction in Eemshaven, Netherlands. The Magnum plant will use Honeywell’s Experion^® Process Knowledge System to monitor and control the state-of-the-art power station and Honeywell’s Safety Manager system to establish safety practices such as process and emergency shutdowns, equipment protection, and fire and gas monitoring.
Honeywell signed Public-Private Partnership (P3) contracts for 18 new schools in Alberta, Canada and a new hospital in Woodstock, Ontario. The projects include the design and installation of building automation, security, and life safety systems and management of the performance and maintenance of the facilities over the course of the 30-year contracts.

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Q4 Results - 3

Transportation Systems

Sales declined 35% compared with the fourth quarter of 2007, due to lower volumes and the unfavorable impact of foreign exchange.
Segment profit was down 96% primarily due to volume declines and inflation.
Turbo Technologies was awarded contracts expected to total more than $90 million over the life of the programs. The programs awarded were for both passenger and commercial vehicle platforms using Honeywell’s performance-enhancing, emission-compliant technologies including the latest Variable Nozzle Turbine (VNT) technology. The applications range from 1.7L passenger vehicle engines to large 7L commercial vehicle engines on models in Europe and Japan.

This excerpt taken from the HON 8-K filed Oct 17, 2008.

Automation and Control Solutions

•	Sales were up 15%, compared with the third quarter of 2007, driven by net growth from acquisitions and divestitures and the favorable impact of foreign exchange.

•	Segment profit grew 15% while segment margin was flat at 11.7% due principally to productivity savings, improved pricing, acquisitions and the favorable impact of foreign exchange, partially offset by inflation.

•

Buildings Solutions signed a $140 million contract with the province of Alberta, Canada to manage and maintain 18 new schools over the next 30 years. Climate control, fire and security systems are being installed in each school and will be linked together with Honeywell’s Enterprise Buildings Integrator^™ platform, which will help them meet Leadership in Energy and Environmental Design^® (LEED) Silver certification requirements. The work is part of a public-private partnership (P3) for the construction and upkeep of schools in the province and the first P3 project for Honeywell in North America.

•

Process Solutions announced that Hoku Materials, Inc., a wholly-owned subsidiary of Hoku Scientific, Inc., will use Honeywell’s Experion^® Process Knowledge System, Safety Manager and batch management technologies and gas detection technologies. Honeywell’s products will help support the production of polysilicon, a key material needed for solar panels.

•	Honeywell Life Safety announced a $3 million contract with the Mexico City Fire Department for head-to-toe personal protective equipment. In May, Honeywell acquired Norcross Safety Products, which manufactures protective clothing and helmets, boots, gloves, hoods and other protective garments.

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Q3 Results- 3

This excerpt taken from the HON 10-Q filed Oct 17, 2008.

Automation and Control Solutions


	Three Months Ended September 30,					Nine Months Ended September 30,

	2008			2007		2008			2007

Net sales	$	3,688		$	3,196	$	10,484		$	9,036
% change compared with prior period		15	%				16	%
Segment profit	$	430		$	373	$	1,148		$	980
% change compared with prior period		15	%				17	%

Automation and Control Solutions (“ACS”) sales increased by 15 percent in the third quarter of 2008 compared with the third quarter of 2007, including net growth from acquisitions and divestitures of 11 percent and 2 percent favorable impact of foreign exchange.


	•	Sales in our Products businesses grew by 19 percent, including (i) the positive impact of acquisitions, most significantly Norcross Safety Products, Metrologic Instruments, Hand Held Products Inc. and Maxon Corporation, (ii) the favorable impact of foreign exchange, (iii) increased sales of our environmental and combustion control products, driven by new products and demand for energy efficient controls, including strong sales to retail channels and (iv) continued strong demand for our life safety products, particularly fire systems and sensors. These factors were partially offset by decreases in sales volume of our security and sensing and controls products, reflecting softness in the U.S. and Europe. Additionally, we are monitoring our short-cycle products businesses for signs of softening demand.

	•	Sales in our Solutions businesses increased by 10 percent primarily due to (i) volume growth, driven by continued orders growth and strong conversion to sales from our orders backlog, and (ii) the favorable impact of foreign exchange.

Automation and Control Solutions (“ACS”) sales increased by 16 percent in the first nine months of 2008 compared with the first nine months of 2007, including net growth from acquisitions and divestitures of 9 percent and 4 percent favorable impact of foreign exchange. This increase reflects sales growth in all regions.


	•	Sales in our Products businesses grew by 18 percent, including (i) the positive impact of acquisitions, most significantly Norcross Safety Products, Hand Held Products Inc., Maxon Corporation and Metrologic Instruments, (ii) the favorable impact of foreign exchange, (iii) continued strong demand for our life safety products, particularly fire systems and sensors and (iv) increased sales of our environmental and combustion control products, driven by new products and demand for energy efficient controls, including growth across all regions. These factors were partially offset by decreases in sales volume of our security and sensing and controls products, reflecting softness in the U.S. and Europe.

	•	Sales in our Solutions businesses increased by 13 percent primarily due to (i) volume growth, driven by continued orders growth and strong conversion to sales from our orders backlog (ii) the favorable impact of


		foreign exchange and (iii) the positive impact of acquisitions, most significantly Enraf Holding B.V.

ACS segment profit increased by 15 percent in the third quarter of 2008 compared with the third quarter of 2007 and increased by 17 percent in the first nine months of 2008 compared with the first nine months of 2007. These increases are due principally to productivity savings, improved pricing, acquisitions and the favorable impact of foreign exchange, partially offset by inflation.

This excerpt taken from the HON 8-K filed Jul 18, 2008.

Automation and Control Solutions

Sales were up 19%, compared with the second quarter of 2007, driven by net growth from acquisitions and divestitures and a favorable impact from foreign exchange. Sales were up 22% in the Products businesses and up 15% in the Solutions businesses.
Segment profit grew 17%, while segment margin decreased 20 bps to 10.8%. Segment profit was up due primarily to productivity savings, improved pricing, acquisitions (which were dilutive to segment margin), and the favorable impact of foreign exchange, partially offset by inflation.
Honeywell Security expanded its presence in the $16 billion imaging, scanning, and mobility segment by announcing the acquisition of Metrologic Instruments, a data capture and collection hardware and software company. Metrologic will be part of Honeywell Imaging & Mobility, a business within Honeywell Security. Honeywell Imaging & Mobility also includes Hand Held Products, a leading manufacturer of imaging and mobility solutions, acquired by Honeywell last year.
Building Solutions announced it has been awarded a $15 million contract by the City of Tallahassee, Fla., to implement a smart metering network that will allow the city to automatically collect electricity, natural gas, and water usage data from residents and local businesses. The network will include more than 220,000 electric, gas, and water meters and help reduce operating costs by up to $21 million over 15 years.
Process Solutions announced Suncor Energy will use Honeywell UniSim® simulation technology to train operators at its Voyager Oil Sands Upgrader Operation in Northern Alberta, Canada. UniSim is integral to Suncor’s “Operational Readiness Initiatives,” which prepare operations staff for safe and efficient plant start-ups.

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Q2 Results - 3

This excerpt taken from the HON 8-K filed Apr 18, 2008.

Automation and Control Solutions

Sales were up 14%, compared with the first quarter of 2007, due to acquisitions, the favorable impact of foreign exchange and organic growth. Sales were up 14% in the Products businesses and up 14% in the Solutions businesses.
Segment profit grew 20%, while segment margin increased by 50 bps to 10.3%, driven by productivity savings and the favorable impact of foreign exchange, partially offset by inflation and the impact of acquisitions.
Life Safety announced an agreement to acquire Norcross Safety Products, a leading manufacturer in the large and growing personal protection equipment market for fire, utility, and general industrial applications, for approximately $1.2 billion.
Building Solutions was awarded four renewable energy solar panel projects in California and Oregon. The projects are expected to produce more than 2.4 million kilowatt-hours of electricity annually, which can power up to 225 homes per year. The business will also partner with Baltimore Gas & Electric on a demand response program giving the utility greater control of peak consumption using Honeywell’s new UtilityPRO^™ thermostat.
Process Solutions will provide its Experion® Process Knowledge System for a new liquefied natural gas (LNG) project in Western Australia. The integrated control system will streamline production, improve operational efficiency and safety, and provide data from subsystems throughout the facility to aid operator decision making.

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Q1 Results - 3

This excerpt taken from the HON 10-K filed Feb 15, 2008.

Automation and Control Solutions



Environmental and combustion controls; sensing controls	Heating, ventilating and air conditioning controls and components for homes and buildings Indoor air quality products including zoning, air cleaners, humidification, heat and energy recovery ventilators Controls plus integrated electronic systems for burners, boilers and furnaces Consumer household products including humidifiers and thermostats Electrical devices and switches Water controls Sensors, measurement, control and industrial components	Original equipment manufacturers (OEMs) Distributors Contractors Retailers System integrators Commercial customers and homeowners served by the distributor, wholesaler, contractor, retail and utility channels Package and materials handling operations Appliance manufacturers Automotive companies Aviation companies Food and beverage processors Medical equipment Heat treat processors Computer and business equipment manufacturers	Bosch Cherry Danfoss Eaton Emerson Endress & Hauser Holmes Invensys Johnson Controls Motorola Schneider Siemens United Technologies Yamatake

Security and life safety products and services	Security products and systems Fire products and systems Access controls and closed circuit television Home health monitoring and nurse call systems Gas detection products and systems Emergency lighting Distribution Hand held imagers Mobile and wireless computers	OEMs Retailers Distributors Commercial customers and homeowners served by the distributor, wholesaler, contractor, retail and utility channels Health care organizations Security monitoring service providers	Bosch Draeger GE Intermec Technologoes Mine Safety Appliances Motorola Pelco Phillips Riken Keiki Siemens Tyco United Technologies

Process automation products and solutions	Advanced control software and industrial automation systems for control and monitoring of continuous, batch and hybrid operations Production management software Communications systems for Industrial Control equipment and systems Consulting, networking engineering and installation Terminal automation solutions Process control instrumentation Field instrumentation Analyti cal instrumentation Recorders Controllers Critical environment control solutions and services Aftermarket maintenance, repair and upgrade	Refining and petrochemical companies Chemical manufacturers Oil and gas producers Food and beverage processors Pharmaceutical companies Utilities Film and coated producers Pulp and paper industry Continuous web producers in the paper, plastics, metals, rubber, non-wovens and printing industries Mining and mineral industries	ABB AspenTech Emerson Invensys Siemens Yokogawa

This excerpt taken from the HON 8-K filed Jan 25, 2008.

Automation and Control Solutions

Sales were up 13%, compared with the fourth quarter of 2006, driven by 9% growth in the Products businesses and 20% growth in the Solutions businesses.
Segment profit grew 10%, while segment margin decreased by 20 bps to 12.4%, due to volume growth and productivity savings, which were more than offset by the negative impact of inflation, ERP implementation costs, and sales mix
Building Solutions announced a $4 million project with Arnot Ogden Medical Center in Elmira, N.Y., to install renewable energy technology, including the installation of a wood chip-fired boiler and an upgrade of the facility's infrastructure, which will provide nearly 60% of the energy consumed by the center's Main Medical Center. The business also won a $5 million energy performance project with Fort Jackson, Columbia, S.C., to provide a variety of energy conservation measures to ensure that the 10-million-square-foot Fort's building control systems are running at peak efficiency.
Process Solutions introduced OneWireless™ Equipment Health Monitoring (EHM), the latest addition to Honeywell’s portfolio of industrial wireless solutions. OneWireless EHM will wirelessly transmit performance information from the field to the plant control room, helping reduce equipment failures and lower maintenance costs.

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Q4 Results - 3

Honeywell announced a project with Shell Perdido in Louisiana for 59 Excel Optima Short range detectors and accessories for their Fire and Emergency Equipment Systems project. The project will help Shell standardize all offshore oil and gas production platforms in the Gulf of Mexico region.

This excerpt taken from the HON 8-K filed Oct 19, 2007.

Automation and Control Solutions

Sales were up 12%, compared with the third quarter of 2006, driven by 9% growth in the Products businesses and 19% growth in the Solutions businesses.
Segment profit grew 13% while segment margin increased by 10 bps to 11.7% due to volume growth and productivity savings, which more than offset the negative impact of inflation and sales mix.
Building Solutions was awarded an $11.6 million, 12-year contract to implement a comprehensive energy efficiency program for the Denver Housing Authority. The program will help the housing authority improve its facilities and reduce its impact on the environment while saving approximately $1.8 million in utility costs per year.
Process Solutions announced a $7 million contract to supply a process automation system to TOTAL’s Lindsey Oil Refinery in North Lincolnshire, U.K. The business will integrate and centralize the various control and monitoring systems used in a single process automation system, providing plant operators with full view and control over the refinery’s operations.
Environmental and Combustion Controls (ECC) announced a definitive agreement to establish a joint venture with Lonon, a leading Chinese wiring devices and lighting business based in Guangdong Zhongshan, China.

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Q3 Results - 3

This excerpt taken from the HON 10-Q filed Oct 19, 2007.

Automation and Control Solutions


	Three Months Ended September 30,					Nine Months Ended September 30,

	2007			2006		2007			2006

Net sales	$	3,196		$	2,844	$	9,036		$	7,975
% change compared with prior period		12	%				13	%
Segment profit	$	373		$	330	$	980		$	838
% change compared with prior period		13	%				17	%

Automation and Control Solutions (“ACS”) sales increased by 12 percent in the third quarter of 2007 compared with the third quarter of 2006, including 4 percent favorable impact of foreign exchange and net growth from acquisitions and divestitures of 1 percent. This increase was driven by growth in all regions, most significantly in Asia.


	•	Sales in our products businesses grew by 9 percent, primarily due to increased sales volume of our security, fire systems, gas detection and environmental control products and the favorable impact of foreign exchange.

	•	Sales in our solutions businesses increased by 19 percent driven by growth in energy retrofit and refining services projects as well as the favorable impact of foreign exchange.

ACS sales increased by 13 percent in the first nine months of 2007 compared with the first nine months of 2006, including 3 percent favorable impact of foreign exchange and net growth from acquisitions and divestitures of 2 percent. This increase was driven by growth in all regions, most significantly in Asia.


	•	Sales in our products businesses grew by 11 percent, including a 3 percent positive net impact from acquisitions and divestitures, primarily due to increased sales of our security, fire systems, gas detection, and environmental control products, as well as the favorable impact of foreign exchange.

	•	Sales in our solutions businesses increased by 16 percent, driven by growth in energy retrofit and refining services projects, continued growth in orders and conversion to sales from our order backlog, as well as the favorable impact of foreign exchange.

ACS segment profit increased by 13 percent in the third quarter of 2007 compared with the third quarter of 2006 and increased by 17 percent in the first nine months of 2007 compared with the first nine months of 2006. These increases are due principally to increased sales volume and productivity savings, partially offset by inflation and a change in mix resulting from stronger sales in our solutions businesses that historically have lower margins than our products businesses.

This excerpt taken from the HON 8-K filed Jul 19, 2007.

Automation and Control Solutions

Sales were up 10%, compared with the second quarter of 2006, driven by 9% growth in the Products businesses and 11% growth in the Solutions businesses.
Segment margins were 11.0% compared with 10.4% a year ago, due to volume growth and productivity savings, which more than offset the negative impact from inflation.
Honeywell Security Group’s ADI security and low voltage products distribution business completed its acquisition of Burtek Systems Corporation. Burtek is a distributor of low voltage products for commercial and residential audio, burglar and fire alarm, CCTV, access control, and data communications.
Honeywell Building Solutions won an approximately $33 million energy savings performance contract with the City of Quincy, Massachusetts, which will reduce the city’s energy costs and cut greenhouse gas emissions. Building Solutions also announced a $15 million contract with the U.S. Coast Guard to cut energy costs and greenhouse gas emissions at nine locations.
Honeywell Process Solutions signed a definitive agreement, subject to regulatory review, to acquire Enraf Holding B.V., which offers comprehensive solutions for the control and management of transportation, storage, and blending operations in the oil and gas industry.

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Q2 Results - 3

This excerpt taken from the HON 10-Q filed Jul 19, 2007.

Automation and Control Solutions


	Three Months Ended June 30,					Six Months Ended June 30,

	2007			2006		2007			2006

Net sales	$	3,039		$	2,766	$	5,840		$	5,131
% change compared with prior period		10	%				14	%
Segment profit	$	333		$	287	$	607		$	508
% change compared with prior period		16	%				19	%

Automation and Control Solutions (“ACS”) sales increased by 10 percent in the second quarter of 2007 compared with the second quarter of 2006, predominantly through organic growth, including 3 percent favorable impact of foreign exchange. All ACS businesses contributed to the continued organic growth in the quarter, primarily driven by favorable market conditions in Europe and Asia and the items discussed below.


•	Sales in our products businesses grew by 9 percent primarily due to increased sales of our security, fire systems, gas detection, and environmental and combustion control products, as well as the favorable impact of foreign exchange.

•	Sales in our solutions businesses increased by 11 percent, driven by continued strong growth in orders and conversion to sales from our order backlog as well as the favorable impact of foreign exchange.

ACS sales increased by 14 percent in the first six months of 2007 compared with the first six months of 2006, with 11 percent organic growth (including 3 percent favorable impact of foreign exchange) and growth from acquisitions (net of divestitures) of 3 percent. All ACS businesses contributed to the continued organic growth in the period, primarily driven by favorable market conditions in Europe and Asia and the items discussed below.


•	Organic sales in our products businesses grew by 9 percent primarily due to increased sales of our security, fire systems, sensors, gas detection, and environmental and combustion control products, as well as the favorable impact of foreign exchange.

•	Organic sales in our solutions businesses increased by 14 percent, driven by strong growth in orders and conversion to sales from our order backlog, as well as the favorable impact of foreign exchange.

•	Growth in sales from acquisitions, net of divestitures was $152 million in the first six months of 2007, largely representing revenues from our acquisitions of First Technology plc (gas detection) and Gardiner Groupe (security distribution) in March 2006 and May 2006, respectively.

ACS segment profit increased by 16 percent in the second quarter of 2007 compared with the second quarter of 2006 and increased by 19 percent in the first

six months of 2007 compared with the first six months of 2006. These increases are due principally to increased sales and productivity savings partially offset by inflation and a change in mix resulting from stronger sales in our solutions businesses (in particular, our Building Solutions business) that historically have lower margins than our products businesses.

Product/Service Classes

Major Products/Services

Major Customers/Uses

Key Competitors

Building solutions and
services

HVAC and building control
solutions and services
Energy management
solutions and services
Security and asset
management solutions
and services
Enterprise building
integration solutions
Building information services
Airport lighting and systems,
visual docking guidance
systems

Building managers and
owners
Contractors, architects
and developers
Consulting engineers
Security directors
Plant managers
Utilities
Large global corporations
Public school systems
Universities
Local governments
Public housing agencies
Airports

Ameresco
GroupMac
Ingersoll Rand
Invensys
Johnson Controls
Local contractors and
utilities
Safegate
Schneider
Siemens
Trane
Thorn
United Technologies