AlliedSignal
From Free net encyclopedia
Image:AlliedSignal.JPG AlliedSignal was an aerospace, automotive and engineering company that acquired and merged with Honeywell for $15Bn in 1999, after which the new group adopted the Honeywell name.
AlliedSignal was created through a 1985 merger of Allied Chemical & Dye Corportation and Signal Oil, the company renamed to AlliedSignal on September 19, 1985. The company's involvement in aerospace stems from a previous merger between Signal Oil and the Garrett company in the 1950s or 1960s. After that merger, aviation became the company's largest division.
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 and Prestone Anti-Freeze. Both Fram and Autolite were AlliedSignal brands since 1973, purchased from other companies by Garrett's Bendix division. 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.
Contents |
Product range
- Aerospace
- Avionics
- Auxiliary power units (APUs)
- Environmental control systems (ECS)
- Aircraft lighting
- Landing gear
- Engines for regional/business aircraft
- Automotive products
- Engineered materials
- Polymers
- Specialised chemicals
- Electronic products
AlliedSignal was a member of the Dow Jones Industrial Average for all of its existence.
Name
AlliedSignal was originally Allied-Signal from 1985 to 1993. The hyphen was dropped to indicate a more cohesive company.
The name Allied-Signal arrived on September 19, 1985. The name was changed to Honeywell in December 1999.
External links
Sourcing
- http://www.scripophily.net/sioilandgas.html - information on AlliedSignal and Signal Oil
- http://www.globalfinancialdata.com/articles/dow_jones.html - exact dates for name changes, as listed on the Dow Jones Industrial Average