Honeywell splits into 3 companies; aerospace headquarters to stay in Phoenix
Feb 06, 2025
Honeywell, a big company, is splitting into three smaller companies. One of these companies will still be in Phoenix. They make technology for airplanes. The split will make it easier for each company to grow. Honeywell Aerospace, the company staying in Phoenix, creates technology for airplanes, like engines and navigation systems. This split could lead to more jobs in the future. The split will happen in 2026, and each company will be listed on the stock market. This change will help the companies grow and be successful.