Honeywell Corporation
Honeywell developed a hot water heating system, and by 1905 had installed the system in his house—thought to be the first in North America. The idea of hot water heating came from England. Radiators first came from England and molds were made from them in Wabash. His business, M.C. Honeywell Heating and Sanitary Work, became Honeywell Heating Specialties Company. By 1906 the company was making thermostats and automatic controls for heating systems.
By 1927, annual company sales were more than $1.5 million and 450 people worked in the Wabash factory. Honeywell's main competitor was W.R. Sweatt and his Minneapolis Heat Regulator Company. The two companies had patents which blocked each other from further growth. They merged to form the Minneapolis-Honeywell Regulator Company with Sweatt as Chairman and Honeywell as President.
As of 2007 Honeywell International, Inc. is a global company with over 100,000 employees.
Read more about this topic: Mark C. Honeywell
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