Thread regarding Honeywell International Inc. layoffs

With the way things are now in the entire Aero Industry could it be possible that HON might start shopping around for state or city

tax incentives, or cash if HON agreed to relocate from Arizona.

The top cities or states I would refuse to relocate to from Arizona include but not all are.

Chicago, or anywhere in the state of Illinois
Detroit, or anywhere in Michigan
Saint Louis Missouri or anywhere in Missouri
Seattle Washington
California, the entire state

I'd be willing to move to Texas, some parts of Colorado but only outside of Denver, Florida or Georgia. Not sure about North or South Carolina since I have not been to those states.

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| 2201 views | | 10 replies (last January 11, 2025) | Reply
Post ID: @OP+1waw1ZI1

10 replies (most recent on top)

The testing infrastructure setup at some new location would be several hundred million dollars. It is difficult, but not impossible, to justify that much expense without some greater strategy with government incentives or real estate sales to offset the expenses.

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Post ID: @2n5+1waw1ZI1

@OP+1waw1ZI1

Yeah, I doubt a move is happening.

As to your locations... okay, I guess, as if anyone asked... don't move there.

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Post ID: @4naz+1waw1ZI1

Rumor is St Louis Missouri is at the top of Honeywell's list to relocating to. This could be due to several factors. St Louis may be offering Honeywell large multi-year tax breaks and Boeing could be offering to sell Honeywell excess facilities Boeing has in St Louis that Honeywell can probably pick up on the cheap.

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Post ID: @4sfw+1waw1ZI1

not happening too much sunk cost.
even outsourcing is iffy right now given the intense regionalization of defense and defense adjacent industries.
do you want a president calling the company out by name at a press conference?
I absolutely can see that happening if a large plant gets closed.
Next thing you know Elon shows up at a manufacturing plant asking why we charge 3x what it costs SpaceX to make some particular widget.

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Post ID: @1adf+1waw1ZI1

Really??? Move out of Arizona?! More like move more stuff to Arizona, any state that has unions is on the chopping block to insource to Arizona. But let’s see how the spin-off goes folks!

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Post ID: @1nqf+1waw1ZI1

This one is for the Aero folks.
I was so disappointed yesterday. We turned on the TV and they were talking about Miracle on 34th Street. I thought maybe Honeywell had turned things around, but it turns out it was a different fictional story about Santa Claus in New York.

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Post ID: @1nrr+1waw1ZI1

This is the most useless post that I have seen on this site. @OP, do better.

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Post ID: @1wwu+1waw1ZI1

i recently heard that the 103 gear line was not being shut down and they bought new machines to produce more product. Any truth to that?

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Post ID: @dlg+1waw1ZI1

What makes you think HW cares where YOU would be willing to relocated to? They care about nobody, division presidents are a dime a dozen and that means nothing to them if they refused to relocate.

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Post ID: @uax+1waw1ZI1

They can't even relocate parts of Tucson to Tempe after 2 years of trying. It would cost billions to move out of Phx. Easier to sell off pieces for a quick buck which is constantly happening behind the scenes. It's a lot of antiquated tech. Aero survives off 25-60 year old products supported by factories and equipment that have been neglected for decades. I haven't seen much innovation or new contract wins in the last 10 years. It should be obvious the direction this company is headed long-term.

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Post ID: @rpo+1waw1ZI1

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