Honeywell International officials said last week the company will maintain a presence in the Twin Cities after it spins off two businesses into independently traded companies at the end of this year.
The Minnesota presence may be diminished by the moves.
Honeywell was founded in Minneapolis but moved headquarters to New Jersey after Allied Signal bought the company in 1999.
Right now, Honeywell still has sizeable operations in Golden Valley and Minneapolis, and locations in Plymouth and Coon Rapids. Honeywell has about 3,700 employees in Minnesota.
A Honeywell spokesman confirmed Wednesday that the Golden Valley location alone has about 1,700 employees.
It is currently unclear how many employees Honeywell-related entities will retain in the Twin Cities after the split.
Traditionally, Honeywell's Golden Valley-based building controls business has made energy-efficiency and automated-temperature controls for 150 million-plus homes, including thermostats, and more than 10 million commercial customers. After a restructuring in 2016, Honeywell' created the new Home and Building Technologies business and positioned that unit's headquarters in Atlanta, while maintaing some operations in Minnesota.
In a recent email, Honeywell Homes spokesman Trent Perrotto said, "The Twin Cities continue to be an important location for Honeywell and the future stand-alone company, Resideo, with its rich history and more than 1,000 employees supporting our business and functions. The [Golden Valley] facility will become a split site after the [Honeywell] Homes spin-off happens at the end of the year. Resideo will own the facility and Honeywell will maintain a presence at the site."