Matches Employee Donations Dollar-for-Dollar;
Makes Aircraft Available for On-Going Deliveries into Haiti
MORRIS TOWNSHIP, N.J., January 21, 2010 -- Honeywell (NYSE: HON)
today announced comprehensive plans to provide both immediate and long-term aid
to Haitian earthquake relief efforts.
The company will commit $1 million in cash, including a 100% match of employee
donations, to fund rebuilding projects in Haiti. Honeywell is also making its
business jets available and has already provided airlift support to Operation
USA to deliver 1,500 lbs. of medical supplies, including urgently-needed,
high-value antibiotics, and transported Partners In Health medical staff to
Port-au-Prince.
“In the hours immediately following the earthquake, Honeywell Hometown
Solutions began work to deliver emergency medical supplies and transport
medical staff to Haiti,” said Honeywell Chairman and Chief Executive Officer
Dave Cote. “The people of Haiti need the world’s help to meet their immediate
needs for food, water, and medical care, and to rebuild.”
Through Honeywell Hometown Solutions, the company will match employee
contributions dollar-for-dollar. The company and employee contributions will be
used to fund projects to begin the long process of rebuilding in Haiti.
Honeywell is working with long-standing partners Operation USA and Rebuilding
Together.
“We’ve reached out to our more than 120,000 employees globally who have been
extremely generous in situations like this in the past,” continued Cote. “The
company has opened a website to facilitate employee donations and payroll
deductions. Honeywell will also continue to support recovery and relief efforts
with airlift support from Honeywell Aviation.”
“With the commitment of our employees and partners globally and the company’s
contributions, Honeywell will play a vital role in bringing critical and timely
assistance to the families of Haiti,” concluded Cote.
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.
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.
Media Contact:
Robert C. Ferris
973-488-3388
rob.ferris@honeywell.com
