Honeywell HON
today announced that it has signed a purchase agreement for a new global
headquarters in Morris Plains, N.J. The company's decision is subject to
approval of its application with the New Jersey Economic Development Authority
(NJEDA) for state incentives under the Grow N.J. Assistance Program. The
company expects the move to occur in 2015.
"This site represents a terrific opportunity for Honeywell," said Rick Kriva,
Honeywell's Vice President of Global Real Estate. "The new building can more
than accommodate our current N.J. employee base, allows for future growth, and
will enable us to develop a truly world-class global headquarters while
staying in Morris County and New Jersey."
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