Tuesday, March 8, 2011

China Chooses Honeywell for Nations First Smart Grid; Co. Hosts Analyst Day on March 9 (HON)

The stock is up 2.12% at $57.38. One of the class acts of American business.
From earth2tech:
An open source standard to help utilities automate demand response is splashing down in the potentially huge smart grid market of China, courtesy of Honeywell. The building controls giant said Monday it will work with State Grid Corp. of China in a pilot project using so-called OpenADR, partly as a way to see if the open source spec will be a good fit for enabling more demand response projects around the country.

Honeywell plans to install automated demand response networks using OpenADR servers from Akuacom, which it bought last year, to send signals from State Grid’s computing centers to control energy usage in buildings via Honeywell’s Tridium building management system interface, Paul Orzeske, president of Honeywell Building Solutions, told us in an interview on Monday.

The project with SGCC’s State Grid Electric Power Research Institute envisions linking hundreds of buildings, at first using broadband connections but later using smart meters, in four yet to be announced Chinese cities, Orzeske said. While it’s too early to say whether it will lead to commercial deployments, Honeywell would like to see the project grow from hundreds to thousands of buildings over time.

China is planning a massive countrywide smart grid buildout that dwarfs similar plans in the U.S. and Europe. But to date, China’s demand response market resembles the U.S. market of a decade or more ago, with scattered projects built in a one-off fashion that makes them hard to integrate into standards-based smart grid systems.

Honeywell has been working on linking its building controls expertise with smart grid systems including OpenADR for some time. It has OpenADR projects underway with Southern California Edison, in Tallahassee, Fla. and with dozens of other unnamed utilities around the world, Orzeske said.  But with the China project, “We’re leapfrogging the slow evolution of demand response in the U.S. over the last 8 to 10 years,” he told me....MORE
From the company:
Honeywell to Host Its Annual Investor Conference on Wednesday, March 9th

MORRIS TOWNSHIP, N.J., March 3, 2011 /PRNewswire/ -- Honeywell (NYSE: HON) will host its annual investor conference in New York City on Wednesday, March 9, 2011, from 10:00 a.m. to 3:45 p.m. EST.  Honeywell's senior leadership will be presenting throughout the day. The times below are subject to change.
Presentation Schedule

10:00 a.m.
Introduction - Dave Cote, Chairman and CEO

10:25 a.m.
Business Presidents and Technology Showcases

- Automation and Control Solutions: Roger Fradin, President and CEO / Dan Sheflin, Vice President Technology / Tony Uttley, Vice President Global Strategy and Marketing

- Specialty Materials: Andreas Kramvis, President and CEO / Rajeev Gautam, President and CEO, UOP / Terrence Hahn, Vice President and General Manager, Fluorine Products

12:50 p.m.
Business Presidents and Technology Showcases

- Aerospace: Tim Mahoney, President and CEO / Bob Smith, Vice President and Chief Technology Officer, Engineering and Technology / Carl Esposito, Vice President Marketing and Product Management

- Transportation Systems: Alex Ismail, President and CEO / Craig Balis, Vice President Engineering / David Paja, Vice President Marketing

2:35 p.m.
High Growth Regions - Shane Tedjarati, President and CEO, Honeywell China and India

3:00 p.m.
Financial Review - Dave Anderson, Chief Financial Officer

3:35 p.m.
Concluding Remarks - Dave Cote, Chairman and CEO

Presentation Materials
Related presentation materials will be posted to the "Investor Relations" section of the company's Website (http://www.honeywell.com/investor) prior to the investor meeting.  The presentation materials will be in Adobe Acrobat format.
Webcast Details
The live Webcast of the investor meeting will be available through the "Investor Relations" section of the company's Website (http://www.honeywell.com/investor).  Investors can access a replay of the Webcast on the Website shortly after the conclusion of the meeting....