- AlliedSignal
AlliedSignal was an aerospace, automotive and engineering company that acquired and merged with
Honeywell for $15 billion in1999 , after which the new group adopted the Honeywell name.AlliedSignal was created through a 1985 merger of
Allied Corporation (formerly Allied Chemical & Dye) and Signal Companies (formerly Signal Oil & Gas), the company renamed to Allied-Signal on September 19, 1985 [ [http://www.globalfinancialdata.com/articles/dow_jones.html Dow Jones Industrial Average History ] ] .Background
The company's involvement in aerospace stems from earlier mergers between Allied Chemical & Dye and the
Bendix Corporation in 1983, and between Signal Oil & Gas and the Garrett Corporation in 1968. The subsequent Allied-Signal merger made Aerospace the new company's largest business sector. [ [http://www51.honeywell.com/honeywell/about-us/our-history.html Honeywell - Our History ] ]The Allied-Signal name was changed to AlliedSignal (without the hyphen) in 1993 to reinforce a one-company image and signify the full integration of all of its businesses. [ [http://www51.honeywell.com/honeywell/about-us/our-history.html Honeywell - Our History ] ] In 1999, AlliedSignal acquired Honeywell and took its more-recognizable name. The acquisition was meant as a final triumphant move to cap off a long career by AlliedSignal's CEO,
Larry Bossidy .As of 2006, its automotive products include Fram Filters,
Autolite Spark Plugs andPrestone Anti-Freeze. The Bendix Corporation had purchased both the Fram and Autolite brands from other companies in 1973. The Prestone brand was acquired in the late 1990s.Honeywell (before the merger) was an international controls company that developed and supplied advanced technology products, systems and services to aviation and space companies and industry. The product lines of the two companies were complementary, the only principal overlap being
avionics .Product range
*Aerospace
**Avionics
**Auxiliary power units (APUs)
**Environmental control systems (ECS)
**Aircraft lighting
**Landing gear
**Engines for regional/business aircraft
*Automotive products
**"Autolite" - Spark plugs
**"Fram" - Air filters, Fuel filters, Oil filters
**"Prestone" - Antifreeze
*Engineered materials
**Polymers
**Specialised chemicals
**Electronic products
*Federal Manufacturing and Technology
**Operates facilities for the United States Department of EnergyAlliedSignal has been a member of the
Dow Jones Industrial Average for all of its existence.Name
The name Allied-Signal arrived on September 19, 1985. [ [http://www.globalfinancialdata.com/articles/dow_jones.html Dow Jones Industrial Average History ] ] The hyphen was officially dropped in 1993 to indicate a more cohesive company. Consequently, from 1993 to 1999 the company was known as AlliedSignal. After the Honeywell acquisition, AlliedSignal changed its name to Honeywell in December 1999, due to Honeywell's superior brand identity. [ [http://www51.honeywell.com/honeywell/about-us/our-history.html Honeywell - Our History ] ]
External links
* [http://www.honeywell.com Honeywell Website]
ourcing
* http://www.globalfinancialdata.com/articles/dow_jones.html - exact dates for name changes, as listed on the Dow Jones Industrial Average
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