Honeywell Automation: The company will provide automation solutions, including helping factories and warehouses mechanize their operations. The sector has been grappling with sluggish demand as a ...

(Reuters) -Honeywell said on Thursday it will split into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott ...

Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa.

The aerospace unit is Honeywell's biggest revenue generator, accounting for about 40% of the company's total revenue in 2024, and counts Boeing and Airbus among its customers.

Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa.

Business Honeywell, one of the few remaining US industrial conglomerates, will split into three companies FILE – A Honeywell plant on April 4, 2020, in Phoenix. (AP Photo/Matt York, File) ...