Honeywell Holds Steady Amid Tough Markets in Third-Quarter 2012, Expects to See More in Last Quarter of Year

SUGAR LAND--October 22, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Leading diversified technology company Honeywell International (NYSE:HON) (Morris Township, New Jersey) saw mixed but mostly positive results in the third quarter of 2012. A strong Aerospace segment and ongoing expansion in high-growth regions managed to offset most of the negative effects from the chaotic European markets and weakened demand in the U.S. and China for some of the company's products.Net income for the quarter was reported to be $950 million, a 10.21% increase from third-quarter 2011. Industrial Info is tracking more than $4.3 billion in active projects involving Honeywell, including a $20 million expansion at an adsorbents and catalysts plant owned by subsidiary UOP LLC in Chickasaw, Alabama.