Business
Honeywell And Nexii Create Strategic Alliance To Support Sustainable Building Development
- Honeywell to be exclusive building technologies supplier for Nexii construction projects ATLANTA, July 15, 2021 /PRNewswire/ -- Honeywell (Nasdaq: HON) and
About this update from Honeywell International Inc.
[{"type":"text","content":"- Honeywell to be exclusive building technologies supplier for Nexii construction projects \n ATLANTA, July 15, 2021 /PRNewswire/ -- Honeywell (Nasdaq: HON) and Nexii Building Solutions Inc. (Nexii) today announced the creation of a strategic alliance to further the development of buildings with a reduced environmental impact. This alliance names Honeywell as the exclusive building technologies supplier for new buildings constructed by Nexii, providing products that offer energy savings and operational efficiencies. \nHoneywell to be exclusive building technologies supplier for Nexii construction projectsThe companies will integrate Nexii expertise in high-performance and efficient building systems with the Honeywell Small and Medium Building Administrator powered by Honeywell Forge, an affordable and scalable building portfolio management system designed specifically for small- to medium-sized buildings. The Honeywell Small and Medium Building Administrator can save users up to 30% in facility energy costs,1 improve visibility into building portfolio performance, and help facility managers optimize occupant comfort, operational performance and safer asset management. Honeywell will also provide its industry-leading fire and security systems to support Nexii-constructed buildings.\n\"Continuing to find ways to creatively reduce the impact that buildings have on the environment is incredibly important and Nexii is doing just that,\" said Doug Wright, president and CEO, Honeywell Building Technologies. \"This alliance brings together our decades of building automation experience with Nexii's novel construction techniques. This combination of experience and innovation will allow us to help customers address environmental challenges and meet sustainability goals by reducing aspects of buildings' environmental impacts – from construction to day-to-day operations.\" \nMore than 90% of the U.S. commercial building stock consists of properties under 50,000 square feet, and most of these buildings lack a proper building management system (BMS) to manage energy usage.2 Unlike competitive products that are either traditional BMS solutions built for large-scale, complex buildings or simple heating, ventilation, and air conditioning (HVAC) control systems designed for smaller scale use, the Honeywell Small and Medium Building Administrator e...