Honeywell Turbo Technologies, formerly Garrett Engine Boosting Systems, is a division of Honeywell Transportation Systems which is under Honeywell International, Inc.. The company produces up to nine million turbochargers annually and has more than 20 locations.
Honeywell Turbo Technologies was originally the AiResearch Industrial Division, which was formed in Phoenix, Arizona after Garrett AiResearch entered a contract to provide 5,000 turbochargers for the Caterpillar mining vehicle. It manufactured turbochargers for railroads, and commercial trucks. After the oil crisis in the 1970s, federal regulations and environmental concerns moved turbochargers into passenger vehicles.
The business produced approximately $3.2 billion in revenue in 2011. Almost half of its revenue is from Europe where turbocharged cars are more common, but the company sees the US as an emerging market. Honeywell has also been involved in turbocharged racing competitions. Honeywell manufactures turbochargers for applications ranging from small passenger cars to large trucks, as well as industrial equipment, construction machinery and aircraft.
Read more about Honeywell Turbo Technologies: History, Business, Political View, Turbo Racing