Not one, not two, but three firms should vie this year for Mine Safety Appliance ( MSA), a dowdy $1.3 billion company that keeps missing its numbers because of an ill-timed expansion into Europe. Dupont ( DD), 3M ( MMM) and Honeywell ( HON) have all moved aggressively into safety gear in the last several years, because as, Dave Cote the CEO of Honeywell, and my next door neighbor, tells me, there's never been a serious rollback of safety regulations anywhere in the world and there will probably never be. In fact, safety regs gain stream globally every year and Mine Safety has the top of the line products that are needed for fire detection, prevention and safety to fight them. Two years ago Honeywell paid $1.4 billion for Sperion products, a competitor of Mine Safety. MSA would be a natural doubling of that business. Dupont and MMM have expressed interest in being the biggest players in the safety game which is why I expect Mine Safety to almost double by the time this deal is done, $37 goes to $60.