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Honeywell Supports White House Initiative to Hire and Train Veterans


WEBWIRE

Company Targets Hiring 500 Veterans in 2011

MORRIS TOWNSHIP, N.J. - - Honeywell (NYSE: HON) today announced its support of President Obama’s initiative to encourage private companies to hire and train more military veterans.

As part of its ongoing efforts, Honeywell recently expanded its recruitment efforts to include a target job placement goal of at least 500 veterans in 2011 across the company’s four businesses: Aerospace, Automation & Control Solutions, Specialty Materials, and Transportation Systems. Currently, Honeywell employs veterans globally in a wide variety of roles including engineers, production operation supervisors, technicians, and sourcing/logistics professionals.



“Honeywell is a strong supporter of all members of the U.S. Armed Forces,” said Mark James, Honeywell’s Senior Vice President, Human Resources and Communications. “We’re proud of our long-standing history of offering comprehensive pay and benefit policies for current employees called to serve and a recruiting practice that actively embraces veterans. Veterans represent a talent pool with the knowledge, skills, and passion to grow our business.”



Honeywell has been recognized with an “Above and Beyond” award from the Employer Support of the Guard and Reserve (ESGR), an organization within the Department of Defense, in recognition of the company’s “outstanding service and continuing support” of U.S. defense efforts.


Veterans and other candidates seeking employment in a variety of fields at Honeywell can visit www.honeywell.jobs. For more information on the Joining Forces initiative, visit www.whitehouse.gov/joiningforces.



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.



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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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