Today, Honeywell hosted a ribbon cutting ceremony to celebrate its Global Headquarters move to Morris Plains, New Jersey, which was completed at the end of October. Honeywell welcomed Morris Plains Mayor, Frank Druetzler and New Jersey Governor, Chris Christie to the new campus as well as 12 additional state and local officials.
Honeywell Chairman and CEO, Dave Cote, said, “As you can see all around you, we’ve moved into a truly awesome new building… one that more than accommodates our New Jersey employee base, allows for future growth, and provides amenities that create a productive work environment. We are very proud of our new headquarters and are pleased to continue to call New Jersey our home.”
“At this site, Honeywell can equip its employees with the latest technologies and accommodations,” continued Cote. “The building retrofits include Honeywell technologies that allow for greater energy efficiency and enable our headquarters to be a showcase for the Company’s building technology capabilities. As most of you may know, nearly 50% of Honeywell’s technology portfolio is dedicated to energy efficiency.”
The collective presence of government officials and Honeywell executives at the ceremony was the culmination of many years of hard work and planning. Cote recalled a meeting with Governor Christie in 2010 where he explained Honeywell’s needs for a new global headquarters. At that time, the Company was exploring several options, including redeveloping our previous headquarters, or moving out of State.
Cote explained, “The Governor listened and promised to come back to me immediately with a plan that would keep Honeywell in New Jersey. True to his word, and somewhat to my surprise, he got back to me within a week of our first meeting with a plan.”
The incentives provided under the Grow New Jersey Assistance Program, sponsored by the New Jersey Economic Development Authority, permitted Honeywell to stay in New Jersey. The program demonstrated New Jersey’s commitment to establishing a better business environment in the State and the strong desire to keep Honeywell here. Cote applauded Governor Christie and his team, saying they “did a great job of providing us with an opportunity to preserve more than 1,100 high-paying jobs, create new jobs through the construction of our new headquarters, and reinvest in the State.”