Log in to your IBTimes Account

close
ID
Password
  • Set your IBTimes.com Edition

Honeywell spent nearly $1.1M on lobbying in 2Q



By AP
07 August 2008 @ 05:05 pm ET

WASHINGTON - Honeywell International Inc. spent nearly $1.1 million lobbying on aviation regulation, defense spending, energy efficiency tax credits and other issues, according to a recent disclosure form.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
HON 31.77 -0.08

The Morristown, N.J.-based company, which makes aerospace products among its lines of business, lobbied the Pentagon and Congress on defense spending issues, and NASA on the funding of space programs. It also dealt with the Federal Aviation Administration on subjects such as air traffic control management and runway safety, according to the form filed July 21 with the House clerk's office.

One of Honeywell's largest business units makes building control systems, and the company took a particular interest in legislation that had tax credits for energy efficiency. It lobbied Congress and the Treasury Department on legislation that dealt with energy tax credits, including some bills not directly related to energy, such as one recently passed that is meant to prevent housing foreclosures.

A large share of Honeywell's revenue come from abroad--about 25 percent come from Europe--and the company focused some of its lobbying on trade issues. That included a possible free trade agreement with Panama, import duties on raw materials, and trade relations with China. Honeywell has said its work related to the building boom in China has helped overcome the weak pace of U.S. construction.

Among those lobbying on Honeywell's behalf during the April-June period were: Sean O'Hollaren, a former deputy assistant to President Bush on legislative issues; Joseph Fengler, formerly a staffer for the House Armed Services Committee; and Fernando Gomez, a one-time aide to Rep. Solomon Ortiz, D-Tex. and former Rep. Martin Frost, also a Texas Democrat.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
More Industries
China said on Saturday its policy toward foreign acquisitions of domestic firms was fair, explaining that broader national concerns take precedence over ...
China's ambitious plan to increase wind power capacity could attract up to $150 billion in investment, but Beijing will have to get serious about revampi...
Top oil and gas firm PetroChina raised daily output at its largest Sulige gasfield, in northern China's Ordos Basin, to 25.6 million cubic metres, up 67 ...

Advertisement
Forex trading is too complicated?

Can predict currency pairs movements? Binary option trading is what you need. Click here.

70% Profit in Less Than an Hour

Take profit from the markets roller coaster. No downloads, no commissions, no spreads.

Press Release Distribution - IBwire

Effective and Affordable Press Release Distribution Service

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives