Highlights
- Honeywell Aerospace (Nasdaq: HONA) announced a $500 million, 300,000-square-foot manufacturing facility on its Tempe campus.
- The facility will create approximately 600 permanent jobs and support more than 1,000 local construction positions during the build.
- Opening is targeted for late 2028; the plant will support $15 billion in Control Systems new program wins and a Department of War supplier agreement signed in March.
- CEO Jim Currier tied the investment directly to Honeywell Aerospace's recent spin into an independent, publicly traded company.
Honeywell Aerospace (Nasdaq: HONA) will spend $500 million to build a 300,000-square-foot manufacturing facility on its existing Tempe campus, the Phoenix-headquartered company announced Wednesday. The plant is scheduled to open in late 2028 and will create approximately 600 permanent jobs, with construction expected to support more than 1,000 local positions during the build phase.
The facility will add internal complex machining capability, which the company describes as a currently constrained segment of its supply base, and will establish a more vertically integrated production system. Equipment will include an integrated digital production system, modular robotics, automated inspection, and digital twins running on an end-to-end digital thread.
The investment is sized to support $15 billion in Control Systems new program wins and to provide capacity for critical defense technologies covered under a supplier framework agreement Honeywell Aerospace signed with the Department of War in March. Named product lines include Assure advanced actuation systems and Attune vapor cycle cooling subsystems.
CEO Jim Currier attributed the scale of the commitment in part to the company's recent separation from its former parent. "This is an example of how our recent spin into an independent, publicly-traded Honeywell Aerospace allows us to make decisions and investments that support our growth and the future of aviation and defense," Currier said in the announcement.
Honeywell Aerospace employs more than 36,000 people globally and counts more than 10,000 customers. The Tempe campus is near the company's global headquarters in Phoenix.
The announcement was also covered by ABC15 and Military Aerospace.
Who is behind the Tempe expansion?
Honeywell Aerospace (Nasdaq: HONA), an independent publicly traded aerospace and defense company headquartered in Phoenix, is funding the project entirely as a corporate capital expenditure. The facility will sit on the company's existing Tempe campus, near its global headquarters. CEO Jim Currier, who signed the announcement, is the named decision-maker on the investment.
Permitting and groundbreaking timelines have not been disclosed; the facility is targeted to open in late 2028.
Sources
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- phoenixchamber.com retrieved 28/10/2026 22:41
Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 28/10/2026 22:41. Every claim traces to a source.