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HONEYWELL BULL TO CREATE 200 TO 300 NEW POSITIONS

Expanding on its reorganisation announcement last week (CI No 810), Honeywell Bull Inc says that although 1,600 positions are to be eliminated – including 800 in Phoenix and 500 in Boston 200 to 300 new ones will be created, and while large systems manufacturing is moving to Lawrence, Massachusetts, a large systems development team will remain at the Phoenix, Arizona base; the company says that while business has been relatively flat in the US, sales overall are about 10% ahead of last year, with Honeywell Bull Italia the star performer, and profits are well ahead.

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