Honeywell (HON)

Honeywell announced that it would be turbocharging 70% of the U.S. diesel light truck segment following the launch of Ford's2011 Super Duty Trucks. Ford joins General Motors in adopting Honeywell turbo technologies to boost its line of light duty diesel trucks.
"Partnering with Ford to introduce our industry-first DualBoost technology on its iconic Power Stroke engines exemplifies our technology leadership and demonstrates our ability to provide customized turbo solutions that meet specific engine requirements," said Alex Ismail, President and CEO, Honeywell Transportation Systems. "We are confident that DualBoost will be another success story as part of our technology portfolio for light duty diesel trucks."

Feb 10 · 4:39:00 PM · Source: PR NewsWire
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by Michael Oliveto