Thursday, March 16, 2006

Honeywell expands Indonesia facilities

PT Honeywell Indonesia, a subsidiary of Honeywell International, is expanding its facilities in Batam Island, Indonesia with new investment of US$3.8 million.
The new facility will produce indicators and Navom (12,636 pcs) with new jobs to be created for 159 people.
Honeywell International is a $26 billion 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, Chicago and Pacific Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index.

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