Dean M. Flatt, currently vice president and general manager of the company’s Aerospace Defense & Space Systems business, will be the new unit’s president. The consolidation will result in additional cost-saving opportunities as well as provide a stronger focus on the growth synergies between these businesses, the company says.
Honeywell merges Polymers and Specialty Chemicals businesses
Honeywell recently announced that it is merging its Polymers and Specialty Chemicals businesses into one unit, an entity that will have $3.3 billion in annual sales, approximately 10,000 employees and more than 50 facilities around the world.
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