On Friday, Shares of Honeywell International Inc. (NYSE:HON), added 0.03% and closed at $113.25 in the last trading session. The last trading range of the stock ranges between $112.74 and $113.51. Honeywell (HON) recently declared that a partner of PetroVietnam will use its new IIoT-based Connected Performance Services (CPS) offering to improve the performance of its manufacturing operations in Quang Ngai City, Vietnam.
Binh Son Refining and Petrochemical Co., Ltd. (BSR) will use Honeywell’s CPS technology which integrates Honeywell UOP’s deep process knowledge to improve refinery and plant performance at its naphtha complex. CPS is part of Honeywell’s Connected Plant program, which leverages IIoT technologies, services and domain expertise to improve all aspects of industrial operations from supply chain efficiency to asset optimization.
“Honeywell’s CPS technology uses the plant’s own process data with cloud-based optimization and reliability solutions to ensure the operation runs at peak efficiency,” said Zak Alzein, vice president for Honeywell UOP’s CPS business. “Honeywell will be in a position to use plant-specific information to provide BSR with actionable recommendations that can significantly improve its profitability.”
Tractor Supply Company (NASDAQ:TSCO), jumped 3.54% and closed at $71.10 in the last trading session. The last trading range of the stock ranges between $68.35 and $71.20. The company’s Market capitalization is $9.66 Billion with the total Outstanding Shares of 132.43 million. Tractor Supply Company (TSCO), the leading rural lifestyle retail store chain in the United States, recently declared its participation in the Morgan Stanley Global Consumer and Retail Conference on November 16, 2016. Greg Sandfort, Chief Executive Officer; Kurt Barton, Senior Vice President, Controller; and Christine Skold, Vice President, Shareholder Relations and Corporate Communications, will attend this conference.