Honeywell 2010 Annual Report Download - page 35
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Please find page 35 of the 2010 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.-
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• Aligning inventory, production and research and development with improving customer demand and production schedules;
• Expanding sales and operations in international locations;
• Global pursuit of new defense and space programs;
• Focus on cost structure initiatives to maintain profitability in face of evolving defense and space budgets and program specific appropriations;
• Continuing to design equipment that enhances the safety, performance and durability of aerospace and defense equipment, while reducing weight
and operating costs;
• Delivering world-class customer service and achieving cycle and lead time reduction to improve responsiveness to customer demand; and
• Continued deployment of our common enterprise resource planning (ERP) system.
Automation and Control Solutions (ACS)
Overview
ACS provides innovative products and solutions that make homes, buildings, industrial sites and infrastructure more efficient, safe and comfortable.
Our ACS products and services include controls for heating, cooling, indoor air quality, ventilation, humidification, lighting and home automation; advanced
software applications for home/building control and optimization; sensors, switches, control systems and instruments for measuring pressure, air flow,
temperature and electrical current; security, fire and gas detection; personal protection equipment; access control; video surveillance; remote patient
monitoring systems; products for automatic identification and data collection, installation, maintenance and upgrades of systems that keep buildings safe,
comfortable and productive; and automation and control solutions for industrial plants, including advanced software and automation systems that integrate,
control and monitor complex processes in many types of industrial settings as well as equipment that controls, measures and analyzes natural gas production
and transportation.
Economic and Other Factors
ACS's operating results are principally driven by:
• Global commercial construction (including retrofits and upgrades);
• Demand for residential security and environmental control retrofits and upgrades;
• Demand for energy efficient products and solutions;
• Industrial production;
• Government and public sector spending;
• Economic conditions and growth rates in developed (U.S. and Europe) and emerging markets;
• The strength of global capital and operating spending on process (including petrochemical and refining) and building automation;
• Inventory levels in distribution channels; and
• Changes to energy, fire, security, health care, safety and environmental concerns and regulations.
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