Honeywell Commits $1 Million In Cash For Haiti Earthquake Relief Efforts
January 21 2010 - 10:00AM
PR Newswire (US)
Matches Employee Donations Dollar-for-Dollar; Makes Aircraft
Available for On-Going Deliveries into Haiti MORRIS TOWNSHIP, N.J.,
Jan. 21 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) today
announced comprehensive plans to provide both immediate and
long-term aid to Haitian earthquake relief efforts. The company
will commit $1 million in cash, including a 100% match of employee
donations, to fund rebuilding projects in Haiti. Honeywell is also
making its business jets available and has already provided airlift
support to Operation USA to deliver 1,500 lbs. of medical supplies,
including urgently-needed, high-value antibiotics, and transported
Partners In Health medical staff to Port-au-Prince. "In the hours
immediately following the earthquake, Honeywell Hometown Solutions
began work to deliver emergency medical supplies and transport
medical staff to Haiti," said Honeywell Chairman and Chief
Executive Officer Dave Cote. "The people of Haiti need the world's
help to meet their immediate needs for food, water, and medical
care, and to rebuild." Through Honeywell Hometown Solutions, the
company will match employee contributions dollar-for-dollar. The
company and employee contributions will be used to fund projects to
begin the long process of rebuilding in Haiti. Honeywell is working
with long-standing partners Operation USA and Rebuilding Together.
"We've reached out to our more than 120,000 employees globally who
have been extremely generous in situations like this in the past,"
continued Cote. "The company has opened a website to facilitate
employee donations and payroll deductions. Honeywell will also
continue to support recovery and relief efforts with airlift
support from Honeywell Aviation." "With the commitment of our
employees and partners globally and the company's contributions,
Honeywell will play a vital role in bringing critical and timely
assistance to the families of Haiti," concluded Cote. Honeywell
(http://www.honeywell.com/) is a Fortune 100 diversified technology
and manufacturing leader, serving customers worldwide with
aerospace products and services; control technologies for
buildings, homes, and industry; automotive products; turbochargers;
and specialty materials. Based in Morris Township, N.J.,
Honeywell's shares are traded on the New York, London, and Chicago
Stock Exchanges. For more news and information on Honeywell, please
visit http://www.honeywellnow.com/. This release contains certain
statements that may be deemed "forward-looking statements" within
the meaning of Section 21E of the Securities Exchange Act of 1934.
All statements, other than statements of historical fact, that
address activities, events or developments that we or our
management intends, expects, projects, believes or anticipates will
or may occur in the future are forward-looking statements. Such
statements are based upon certain assumptions and assessments made
by our management in light of their experience and their perception
of historical trends, current economic and industry conditions,
expected future developments and other factors they believe to be
appropriate. The forward-looking statements included in this
release are also subject to a number of material risks and
uncertainties, including but not limited to economic, competitive,
governmental, and technological factors affecting our operations,
markets, products, services and prices. Such forward-looking
statements are not guarantees of future performance, and actual
results, developments and business decisions may differ from those
envisaged by such forward-looking statements. Media Contact: Robert
C. Ferris 973-455-3388 DATASOURCE: Honeywell CONTACT: Robert C.
Ferris, +1-973-455-3388, Web Site: http://www.honeywell.com/
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