Honeywell inks $42M deal with N.J. |
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Thu, 28 Jun 2007 16:04
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MINNEAPOLIS (AP) - Honeywell International Inc. on Thursday said it inked a deal worth $42 million to help manage New Jersey's Clean Energy conservation program.Under the 27-month contract, Honeywell will handle marketing, customer service, training, quality assurance, rebate and incentive processing, and reporting for the Renewable Energy and Residential portions of the program.The program is designed to help residents and business owners cut energy costs and carbon dioxide emissions. Under the program, financial and other incentives are given to those that install high-efficiency or renewable energy technologies.Shares of Honeywell added 16 cents to $56.47 in morning trading.--------------------Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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