Honeywell hands warehouse automation reins to AIP
https://www.instagram.com/reel/DXnrqmMgmsF/
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I am hearing close finalizes today and Monday everyone is a Trew employee? I don't see this playing out without a layoff round or two...
Transnorm is pretty self-sufficient concerning employees/functions. Expensive, sure, but with own design and own data system. So they will either keep it as standalone EU part for special customized orders or sell it to some EU based company later.. who knows.
Any guess what the plan for transnorm is?
Relationship to Trew? They are going to merge to the two companies, nothing else makes sense. Given the track record I'd expect Trew leadership to take over in most cases.
Expected to close July 27
Unless they want to expand to EU and into metrics, which will be big investment (unlikely for such company). Its pretty clear what part stays and what part goes.
I am excited to see the final result of the AIP takeover. I.e. The name of the new company? Locations of facilities? President? I'd also be curious as to the relationship to Trew.
AIP Leadership joining the Town Hall on Wednesda
I’m hearing Sales Officially Closes August 1st and our final separation from Honeywell is January 2, 2027
August is what I am hearing as well. Buckle up...
I’m hearing that the sale is closing in August!?!?
@ny Honeywell's gas detection business, they have crippled it over the last few years. Ruined, like everything else they touch!
They have big list of staff and big thick black sharpie.
They are probably putting together a high level org chart for day 1. I'm hoping all the future shapers stay in charge to shape the future of the new company.
Meeting with AIP, Trew and IGS Leadership. I wonder what is happening Day 1!?!
This is old news bro
@jm what is HGAS?
Surely HGAS is next on the block.
The “reins” are all that is left. Honeywell ki-led the horses and ate them years ago.
AIP has been investing heavily in Trew. I’m sure they see Intelligrated as an underperforming business they have the exact expertise to fix.
Kapooper is unwinding this shithole. Long past due. Good work. That place was the pits.
AIP owns TREW who are guys who sold Intelligratd to Honeyhell years ago. They are buying it back for fraction of former value. But AIP is buying companies to make profit, so every cost will be removed and rest sold.
Make Intelligrated Great Again.
This is the beginning of the continued Remainco breakup… just watch, there will be nothing left except the pile of shiznit built by the executive caste
@cd
American Industrial Partners or something like that. They are buying Intelligrated.
CHI is closing we’re going to bring back all manufacturing to The USA and going back to Vault from Team Center
Who or what is AIP?
What are you talking about?