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The merger into the Minneapolis-Honeywell Regulator Company proved to be a saving grace for the corporation. 1934 marked Minneapolis-Honeywell's first foray into the international market, when they acquired the Brown Instrument Company and inherited their relationship with the Yamatake Company of Tokyo, a Japan-based distributor.
The two companies had patents which blocked each other from further growth. They merged to form the Minneapolis-Honeywell Regulator Company, [3] with Sweatt as chairman and Honeywell as president. As of 2007, Honeywell International, Inc., the corporate descendant of Minneapolis-Honeywell, is a global business with more than 100,000 employees.
In 1912 the company was renamed The Minneapolis Heat Regulator Company. In 1913, W.R. Sweatt named his 22-year-old son, Harold, vice-president of his heat regulator company. In 1920, W.R. announced that his second son, Charles "C.B." Sweatt would be the advertising manager and treasurer of the Minneapolis Heat Regulator Co. At this time, there ...
The stockholders agreed to accept the assets of the Electric Thermostat Company and to assume the liabilities of Sweatt as a trustee. In 1912 the company was renamed The Minneapolis Heat Regulator Company. In 1927 the Minneapolis Heat Regulator Company and Honeywell Heating Specialties Company merged to form the Minneapolis-Honeywell Regulator ...
In 1961, Wishart became the chairman and chief executive officer of the Minneapolis-Honeywell Regulator Company. [1] [7] Under his leadership, the company underwent a transformation, diversifying its operations and changing its name to Honeywell. [8]
He increased the company's international expansion, and changed the company's name from Minneapolis-Honeywell Regulator Co to Honeywell. [ 4 ] Under Binger's stewardship from 1961 to 1978, the company expanded into such fields as defense, aerospace, computers and cameras.
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The Mercoid cases—Mercoid Corp. v. Mid-Continent Investment Co., 320 U.S. 661 (1944), and Mercoid Corp. v. Minneapolis-Honeywell Regulator Co., 320 U.S. 680 (1944)—are 1944 patent tie-in misuse and antitrust decisions of the United States Supreme Court. These companion cases are said to have reached the "high-water mark of the patent misuse ...
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