Honeywell completes acquisition of Intelligrated
As part of Honeywell Safety and Productivity Solutions division, Intelligrated's automated material handling solutions and software will pair with Honeywell's data capture and workflow performance technology.
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April Services PMI contracts after 15 months of growth, reports ISM 2023 industrial big-box leasing activity heads down but remains on a steady path, notes CBRE report U.S. rail carload and intermodal volumes are mixed in April, reports AAR Q1 U.S. Bank Freight Payment Index sees shipment and spending declines Pitt Ohio exec warns Congress to go slow on truck electrification mandates More NewsHoneywell has announced that it has completed its $1.5 billion acquisition of Intelligrated, a privately held leader in supply chain and warehouse automation solutions, which was previously announced in July.
“With the continued growth of e-commerce, retailers and supply chain companies need a range of enterprise solutions to enhance their operational accuracy, efficiency and safety,” said John Waldron, president and CEO, Honeywell Safety and Productivity Solutions. “We welcome the talented Intelligrated team to Honeywell and look forward to bringing together their innovative automated material handling solutions and software with our data capture and workflow performance technology. Our offering will enable businesses to harness the power of the Industrial Internet of Things to optimize productivity and increase fulfillment speed.”
Intelligrated’s supply chain and logistics solutions include automated storage and retrieval systems, palletizers, robotics solutions, software and tote-handling systems. The business will be integrated into Honeywell Safety and Productivity Solutions and led by Intelligrated’s co-founder Chris Cole, who will report directly to Waldron.
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April Services PMI contracts after 15 months of growth, reports ISM 2023 industrial big-box leasing activity heads down but remains on a steady path, notes CBRE report U.S. rail carload and intermodal volumes are mixed in April, reports AAR Q1 U.S. Bank Freight Payment Index sees shipment and spending declines S&P Global Market Intelligence’s Rogers assesses 2024 import landscape Pitt Ohio exec warns Congress to go slow on truck electrification mandates Q1 intermodal volumes are up for second straight quarter, reports IANA More LogisticsSubscribe to Logistics Management Magazine
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May 2024 Logistics Management
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