Investment

Honeywell's Garrett® turbochargers are products of Honeywell Transportation Systems. With $4.3 billion in revenues in 2004, Honeywell Transportation Systems also manufactures Bendix® brake products, Fram® filters, Prestone® antifreeze, Autolite® spark plugs and Holts® automotive products.

Honeywell International is a $26 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, Chicago and Pacific Stock Exchanges.

This programme made in 1987 embodied the Garrett turbocharger pitch to Navistar that resulted in its successful completion of a 15 year supply contract. The objective of the programme was to present the investments that Garrett turbocharger intended to make in people, technologies and facilities in support of the long-term relationship with Navistar.