This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Honeywell Spectra® Fiber Helping Largest U.S. Power Utility Improve Worker Safety, Reduce Cost In Power-line Installations

MORRIS TOWNSHIP, N.J., Dec. 12, 2012 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that its high-strength, lightweight Spectra ® fiber is being used by the largest public power company in the U.S. to help to save costs while making it easier and safer for workers to install power lines.

The Tennessee Valley Authority (TVA), which provides electricity to 9 million people in seven southeastern states, is using ropes manufactured by Yale Cordage containing Spectra fiber to string power cables. The light weight of Spectra fiber allows the ropes to be more easily handled by workers in the field, making the stringing process safer.

Spectra fiber also makes the ropes more durable, which means there is less wear and tear on equipment and the ropes do not have to be replaced as often, resulting in cost savings for the utility.

"Spectra fiber's strength and light weight have made it an ideal choice for a range of rope applications, from mooring large ships to utility applications like this one," said Mark Saholsky, global business manager for Honeywell's Advanced Fibers and Composites business. "Honeywell is committed to continuing to advance Spectra technology to meet the increasing demands of a wide-range of applications, from ropes and slings to ballistic vest and armor applications."

Ropes that contain Spectra fiber are seven to 10 times lighter than steel wire ropes used previously by utility workers at TVA, allowing the ropes and the equipment that carries them to be easier to maneuver and position. The light weight of the ropes can also further reduce cost by eliminating the need for overweight permits on utility trucks or can give utilities flexibility to add additional rope length to current assets.

Spectra fiber also extends the durability and lifespan of the rope. Since the new ropes containing Spectra fiber were introduced two years ago, less than 2 percent of the ropes' original breaking strength has been lost. Previous ropes used by TVA had lost up to 88 percent of their breaking strength over a two-year period, resulting in frequent rope breaks and high replacement costs.

Stock quotes in this article: HON 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs