Morris Township, NJ – Honeywell (NYSE: HON) today announced it will combine Sperian Protection with Honeywell Safety Products to form One Global Personal Protective Equipment business. The combined business will be called Honeywell Safety Products and will continue to be part of the Honeywell Automation and Control Solutions Life Safety business. William Hayes, current president of Honeywell Safety Products has been named President of the combined entity.
“Bringing together Honeywell Safety Products and Sperian Protection creates a dynamic business well-positioned to be the best global personal protective equipment provider in the industry,” said Mark S. Levy, President and CEO of Honeywell Life Safety. “The integration of these world class leaders will allow us to offer our customers the best solutions, and further capitalize on opportunities presented by this high-growth market.”
“Together, we will remain laser-focused on our customers’ needs,” said William Hayes, President of Honeywell Safety Products. “With a full range of ‘head-to-toe’ safety products and solutions, Honeywell Safety Products will provide unmatched offerings to help drive value for our customers.”
Honeywell (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.