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The firm was reorganized and its name changed to Honeywell Heating Specialties Company in 1916, and it began to produce automatic temperature controls. By 1927, company sales were more than $1.5 million and 450 people worked in the Wabash factory. Mr. Honeywell's competitor was W.R. Sweatt and his Minneapolis Heat Regulator Company.
Honeywell offers a number of products and services across its four business groups: Aerospace, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), and Performance Materials and Technologies (PMT). This is a partial list of products manufactured and services offered by Honeywell.
Honeywell was a component of the Dow Jones Industrial Average index from 1999 to 2008. Prior to 1999, its corporate predecessors were included dating back to 1925, including early entrants in the computing and thermostat industries. [7] [8] In 2020, Honeywell rejoined the Dow Jones Industrial Average index. [9]
A touch screen thermostat. A Honeywell electronic thermostat in a retail store. A thermostat is a regulating device component which senses the temperature of a physical system and performs actions so that the system's temperature is maintained near a desired setpoint.
Honeywell electronic thermostat in a store. Heating and cooling losses from a building (or any other container) become greater as the difference in temperature increases. A programmable thermostat allows reduction of these losses by allowing the temperature difference to be reduced at times when the reduced amount of heating or cooling would not be objectionable.
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