12/17/2012

Honeywell's research-and-development lab in Golden Valley, Minn., is a technological-innovation leader. "The key for all of this is you see Honeywell spending on R&D, driving innovation and driving it to be commercialized. This is a company that starts with customer needs and works backwards to meet those needs," said analyst Steven Winoker of Wall Street research firm Sanford C. Bernstein.

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