Public Company

Honeywell Aerospace spins off into independent publicly traded company

Executives say the split will allow Honeywell Aerospace to focus more intently on its core markets. Honeywell International has completed its planned spin off of Honeywell Aerospace into a publicly traded independent firm, a move the aerospace company says leaves it better positioned to expand, invest and generate long-term profits. Charlotte-based Honeywell divested the former…