To most Americans, Minneapolis-Honeywell is a familiar name on the trusty thermostats that make unnecessary that trip downstairs to adjust the furnace. Heating controls still account for a third of the company's $596 million annual sales, but Honeywell today is as comfortable in outer space as it is in the basement. It is now the world's largest and most sophisticated manufacturer of automatic control systems, turning out 13,000 products so diverse that they encompass a 600 microswitch and a $3,000,000 electronic data processing system. "We pride ourselves," says a Honeywell executive, "on...
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