Consumables

Honeywell Downsizes Skaneateles Facility, Maintains Business Presence in Region

Friday 08. August 2008 - Honeywell (NYSE:HON) today announced workforce reductions in its Imaging and Mobility manufacturing facility in Skaneateles Falls, NY. Plans call for the reductions to take place over the next 12 months and affect approximately 290 of the site's 580 employees.

A number of the business’ key capabilities will remain in the greater Skaneateles Falls/Syracuse area including Engineering, R&D, marketing, sales and customer support as well as other key business functions.

“This is a very difficult decision, but one that better positions us to grow and compete in the global marketplace,” said Kevin Jost, vice president, global strategy for Honeywell Security.

Employees whose jobs are eliminated will be eligible for severance benefits and job search support. In addition, the company is working with federal, state and local agencies to provide information and support for employees seeking job search and training resources.

“This is an extremely hard time for our employees, our business and the greater community. We are going to do everything we can to make this transition as smooth as possible for those affected,” Jost said.