HONEYWELL TECHNOLOGY TO REDUCE ENERGY COSTS AND IMPROVE COMFORT AT ALGER COUNTY FACILITIES

Honeywell Utility Solutions - 10.05.2011

Honeywell (NYSE: HON) today announced a building modernization program to upgrade infrastructure across three Alger County facilities in Munising, Mich., and save more than $114,000 in annual utility and operating costs for the county. The energy retrofit initiative, backed by guaranteed savings through a 15-year, $1.4 million performance contract with Honeywell, will enable the county to address deferred maintenance, reduce energy and water consumption, and improve occupant comfort, all while freeing up funds in the county’s operating budget.

“Resources are continuing to shrink for many government entities, so we must find creative solutions to ensure we can effectively maintain our physical assets while serving our community,” said Jerry Doucette, Alger County Commissioner. “Working with Honeywell, we’re able to improve our outlook by significantly cutting annual energy and operating costs through guaranteed savings, which we believe will make a significant impact in our ability to serve our residents.”

The program will include a variety of energy efficiency and building system upgrades at the Alger County court house, sheriff’s office and emergency medical services building. As part of the project, Honeywell will make improvements to heating, ventilation and air conditioning (HVAC) systems, including replacement of decades-old duct work and installation of a new Honeywell ComfortPoint building control system, which will centralize energy management across all three facilities for greater temperature control.

The company will also install energy-efficient lighting, upgrade plumbing fixtures to improve water conservation, make building envelope improvements to reduce loss of treated air, and install a new fire alarm system. All building upgrades are expected to be complete by spring 2012.

As a result of the improvements, the county is expected to decrease electricity consumption by 135,208 kilowatt-hours per year – enough energy to power more than 23 homes annually. The program is also projected to cut annual carbon dioxide emissions by nearly 93.2 metric tons. According to figures from the U.S. Environmental Protection Agency, this is equivalent to removing more than 18 cars from the road.

“Using guaranteed energy savings through a performance contract to make much needed building improvements can be a powerful tool in maximizing return on investment and ensuring the long-term sustainability of any community,” said Paul Orzeske, president of Honeywell Building Solutions. “Honeywell has the experience to help counties and municipalities find the best solution to meet their long-term goals.”

Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com. Honeywell Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Building Solutions: www.honeywell.com/buildingsolutions.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

 

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