Honeywell 2006 Annual Report Download - page 25

Download and view the complete annual report

Please find page 25 of the 2006 Honeywell annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 217

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217

and labor pools. Our properties are generally maintained in good operating condition. Utilization of these plants may vary with sales to
customers and other business conditions; however, no major operating facility is significantly idle. We own or lease warehouses,
railroad cars, barges, automobiles, trucks, airplanes and materials handling and data processing equipment. We also lease space for
administrative and sales staffs. Our properties and equipment are in good operating condition and are adequate for our present needs.
We do not anticipate difficulty in renewing existing leases as they expire or in finding alternative facilities.
Our principal plants, which are owned in fee unless otherwise indicated, are as follows:
Aerospace
Anniston, AL
Glendale, AZ
Phoenix, AZ
Tempe, AZ
Tucson, AZ
Torrance, CA (partially leased)
Clearwater, FL
South Bend, IN
Olathe, KS
Minneapolis, MN
Plymouth, MN
Rocky Mount, NC
Teterboro, NJ
Albuquerque, NM
Urbana, OH
Greer, SC
Redmond, WA (leased)
Toronto, Canada
Raunheim, Germany
Singapore
Yeovil, UK
Automation and Control Solutions
Phoenix, AZ
San Diego, CA (leased)
Northford, CT
Freeport, IL
Golden Valley, MN
Murfreesboro, TN (leased)
Pleasant Prairie, WI (leased)
Neuss, Germany
Chihuahua, Mexico
Juarez, Mexico
(partially leased)
Tijuana, Mexico
(leased)
Emmen, Netherlands
Newhouse, Scotland
Specialty Materials
Mobile, AL
Metropolis, IL
Baton Rouge, LA
Geismar, LA
Pottsville, PA
Orange, TX
Chesterfield, VA
Colonial Heights, VA
Hopewell, VA
Spokane, WA
Seelze, Germany
Chonburi, Thailand
Transportation Systems
Stratford, Canada Thaon-Les-Vosges, France
Glinde, Germany
Atessa, Italy
Ansan, Korea (leased)
Mexicali, Mexico
Bucharest, Romania
Item 3. Legal Proceedings
We are subject to a number of lawsuits, investigations and claims (some of which involve substantial amounts) arising out of the
conduct of our business. See a discussion of environmental, asbestos and other litigation matters in Note 21 of Notes to Financial
Statements in “Item 8. Financial Statements and Supplementary Data.”
Environmental Matters Involving Potential Monetary Sanctions in Excess of $100,000
As previously reported, three incidents occurred during 2003 at Honeywell's Baton Rouge, Louisiana chemical plant, including a
release of chlorine, a release of antimony pentachloride (which resulted in an employee fatality), and an employee exposure to
hydrofluoric acid. The United States Environmental Protection Agency and the United States Department of Justice have conducted
investigations of these incidents, including a federal grand jury convened to investigate the employee fatality. As a result of that
investigation, we have signed a plea agreement with the U.S. Attorney under which Honeywell will plead guilty to a misdemeanor
charge and pay $12 million in combined restitution and fines. The plea agreement has been filed, but the plea and the sentence still are
subject to Court acceptance, which we expect to receive. Honeywell has been served with several civil lawsuits
15