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Fortune 500 Enterprise Honeywell Settled in Chongqing This Month
Thursday,May 10,2007 Posted: 05:34 BJT(2134 GMT)  MOFCOM Chengdu Office

Another Fortune 500 enterprise settled in Chongqing. Recently, American Honeywell International Company made an official announcement that Dave Cote, chairman and CEO,would come to Chongqing High-Tech Area on April 14 to cut the ribbon for the foundation of Honeywell (China) High-tech Ltd., which was its first global technology R&D center in China.
It was known that the first phase investment of this center was USD3m, mainly dedicated to software development, professional software development for global and Chinese industrial enterprises, providing software resolution on production management and assets optimization, and relevant installation, commissioning and long-term system maintenance. In the future the center will mainly use import Honeywell standard software tool and database and develop customized software system for clients. Honeywell will cooperate with China Silian Group in Chongqing and purchase such industrial products as supercharger produced in Chongqing.

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