TEMPE, Ariz. — Honeywell Aerospace will build a $500 million, 300,000-square-foot manufacturing facility on its Tempe campus, near its global headquarters, the company announced Oct. 28. The plant will bring complex machining in-house and support products including the company's Assure advanced actuation systems and Attune vapor cycle cooling subsystems for commercial and defense customers.
Honeywell said the facility will create approximately 600 jobs over time and is expected to open in late 2028. Construction is expected to support more than 1,000 local jobs, according to the release. The announcement names no state or local incentives, and the company said its plans are not final and could change.
ON THE RADAR
Company: Honeywell Aerospace
Location: Tempe, Ariz.
Investment: $500 million
Jobs: Approximately 600 (plus more than 1,000 construction jobs)
Type: New manufacturing facility (on existing campus)
Announced: Oct. 28, 2026