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Honeywell International, a Fortune 500 company, plans to invest in Wuhan to establish its second turbocharger production base in China. The mayor of Wuhan, Tang Liangzhi, met with Mr. Goldwell, chairman and chief executive of the company.
Honeywell is a high-tech international company with a history of more than 100 years. Its products include aerospace products and services, industrial and home building control technologies, transportation and power products, and special materials manufacturing. In 2010, Fortune 500 worldwide. Ranked 248th in the strong rankings, with a turnover of 30 billion US dollars. Honeywell has 10 turbocharger manufacturing and sales bases worldwide. Honeywell's first turbocharger production base in China is located in Shanghai.
Honeywell chose Wuhan to invest strategically. In the next five to ten years, the central region will continue to be one of the fastest growing areas in China. As the hub of China's geographical and transportation hub, Wuhan is the most representative of the central region. One of the cities with the most potential for development and the most advantageous, with current industrial investment and growth rates of more than 25%, it is hoped that Wuhan and Honeywell will conduct more extensive and in-depth cooperation.
Honeywell has a number of products and technologies that have been commercialized and hopes to carry out more exchanges and cooperation with Wuhan in various aspects such as energy conservation and emission reduction.