Roundup: Honeywell breaks / Labor performance / JM test systems – Greater Baton Rouge Business Report

This is official: Honeywell International is repaid to three independent companies, marking the end of an era of one of the last major industrial conglomerates in America. Honeywell announced his plans on Thursday to separate his aerospace division from his automation business and to move forward with his plans to rotate his shoulder for modern materials, confirming an earlier report. Read more than The Wall Street JournalS

Heating up: The American labor productivity was progressing at the fourth quarter, limiting another year of faster profits than efficiency, which continued to drive economic growth. The productivity or non -family production of employees per hour increases by 1.2% annual rate after the revised increase by 2.3% in the third quarter, according to data from the Bureau of Labor Statistics on Thursday. Over the past year, productivity has increased by 2.3% – the largest in 14 years, with the exception of the pandemic jump in 2020. Read more than Bloomberg. A subscription may be required.

Change Leadership: JM Test Systems, a leading test equipment and calibration service provider, announced on Thursday that Andrew Treanor was named CEO. Treanor inherits longtime CEO Scott Morrison, who will continue to support the strategic and growth priorities of the company as an executive chairman. Read the full message.