Honeywell to relocate HQ

RALEIGH, N.C. — Honeywell International announced last week it will transfer its head office, along with its Safety and Productivity Solutions unit, from Morris Plains, N.J. to Charlotte, N.C. The move will take between 150 and 200 senior managers to Charlotte, with the addition of new positions bringing the total number of local jobs up to about 750 over the next six years. About 1000 employees will remain spread across six locations in New Jersey, the bulk of them in Morris Plains. Honeywell considered exiting New Jersey altogether three years ago, but was wooed into staying with a $40 million tax credit.