Honeywell is separating into three publicly traded companies, the Charlotte-based conglomerate said Thursday. Only one will stay in Charlotte. Honeywell will spin off its automation and aerospace tech ...

Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate.

Honeywell Aerospace will become a separate company with its headquarters still in Phoenix, officials confirmed after details of its parent company's breakup were announced Thursday morning.

Honeywell is set to split into three independent companies, following similar moves by other industrial giants. The North ...