Editing Garrett Motion (section)

==History==

{{See also|Honeywell_Aerospace#History|l1=Honeywell Aerospace History}}
[[File:CamionFermont.png|thumb|right|Garrett AiResearch formed AiResearch Industrial Division after getting an order to turbocharge 5,000 Caterpillar mining vehicles like the one depicted above.]] [[Cliff Garrett|John Clifford "Cliff" Garrett]] founded the Aircraft Tool and Supply Company in a one-room office in [[Los Angeles]] in 1936.<ref name="eight">{{cite news
| title =Built on Thin Air
| newspaper =[[Time (magazine)|Time]]
| date =November 16, 1962
| url =http://www.time.com/time/magazine/article/0,9171,829434,00.html
| archive-url =https://web.archive.org/web/20071203011116/http://www.time.com/time/magazine/article/0,9171,829434,00.html
| url-status =dead
| archive-date =December 3, 2007
}}</ref><ref name="sixtyfour">{{cite book
 | last =Leyes
 | first =Richard
 | author2 =William Fleming
 | title =The History of North American Small Gas Turbine Aircraft Engines
 | newspaper =Smithsonian Institution and AIAA
 | year =1999
 | publisher =The National Air and Space Museum
 | isbn =9781563473326
 | url =https://books.google.com/books?id=V0SnFt8JGokC&pg=PA611
 | access-date =March 5, 2012 }}</ref> In 1938, the company changed its name to Garrett Corporation, consolidating several companies into one with three divisions. The company produced aircraft turbochargers for the war effort in [[World War II]], as well as [[avionics]], environmental controls and other products.<ref name="sixtyfour"/>

In the 1950s, the city of Los Angeles and other municipalities started using turbochargers in their sewage purification operations. By 1952, 20,000 turbocharged engines were in use in the US.<ref name="seventysix"/> In order to explore applications of turbochargers for [[diesel engine]]s, Garrett separated the turbocharger group from the gas turbine group on September 27, 1954, to form the '''AiResearch Industrial Division''' (AID).<ref>{{Cite web|url=http://www70.turbochargedpower.com/|archiveurl=https://web.archive.org/web/20081019020337/http://www.turbochargedpower.com/History.htm|url-status=dead|title=Turbochargedpower.com|archivedate=October 19, 2008|website=www70.turbochargedpower.com}}</ref>

The first T-15 [[Turbocharger]] was delivered to the [[Caterpillar Inc.|Caterpillar Company]] in 1955.<ref name="wagner">{{cite web | title=Honeywell Celebrates 100 Years of Turbo; 50th Year of Garrett Turbocharged Vehicle | url=http://wagnertech.wordpress.com/2005/08/02/honeywell-celebrates-100-years-of-turbo-50th-year-of-garrett%C2%AE-turbocharged-vehicle/ | work=Wagner Tech's Mopar Blog | date=August 2, 2005 | access-date=January 29, 2019}}</ref> It was followed by an order for 5,000 production units, to be installed in the [[Caterpillar D9]] tractor.<ref name="three">{{Cite web|url=http://www.honeywell.com/sites/ts/tt/aboutus_history.htm|archiveurl=https://web.archive.org/web/20071011212555/http://www.honeywell.com/sites/ts/tt/aboutus_history.htm|url-status=dead|title=Honeywell Turbo Technologies History page|archivedate=October 11, 2007}}</ref><ref name="seventysix">{{cite book
 | last =Schoneberger
 | first =William
 | author2 =Robert Scholl
 | title =Out of Thin Air
 | publisher =Garrett Corporation
 | year =1985
 | pages =126–131 }}</ref> The industrial division produced turbochargers for construction machinery, railroad locomotives, tractors, ships, powerplants and oil pipeline pumping stations.<ref name="seventysix"/>

[[File:1964 Corvair Monza.jpg|thumb|right|The Chevrolet Corvair Monza was one of the first turbocharged passenger vehicles. It was the sports model in the Corvair lineup.]]The T11 automotive turbocharger developed in 1960 expanded turbos to commercial vehicles such as the heavy trucks produced by [[Mack Trucks]], [[Volvo]] and [[Scania AB|Scania]].<ref name="seventysix"/> The first turbocharged passenger cars were the [[Chevrolet Corvair]] Monza and the [[Oldsmobile Jetfire]] in 1962/1963. In the 1960s turbochargers were used in race-cars and sports cars, gaining an association with racing culture and auto-enthusiasts.<ref name="seventytwo">{{cite news
 | last =Patton
 | first =David
 | title =Honeywell's Adriane Brown On Turbocharging
 | newspaper =The Wall Street Journal
 | date =October 22, 2008
 | url =https://www.wsj.com/articles/SB122461688810855239?mod=googlewsj
 | access-date =March 26, 2012 }}</ref> Company founder Cliff Garrett's death in 1963 was followed by a hostile takeover threat by [[Curtiss-Wright Corporation]]. To avoid this, Garrett Corporation merged with Signal Oil and Gas Company in 1964.<ref name="sixtyfour"/> The combined company adopted the name The Signal Companies in 1968<ref name="three"/> before merging with [[Allied Corporation]] to become [[Allied-Signal Inc.]]

The oil crisis of the 1970s made federal regulators put pressure on car manufacturers to reduce exhaust emissions. By 1977 manufacturers introduced turbocharged cars in the US and Europe like the [[Buick Regal#Second generation (1978)|second generation Buick Regal]] and [[Buick LeSabre|LeSabre sports coupe]] as well as European cars by Volvo, [[Saab Automobile|Saab]], [[Peugeot]], [[:fr:Renault|Renault]] and [[Mercedes-Benz|Mercedes]].<ref name="seventysix"/> In 1978 there were only eight turbocharged car models and seven used Garrett turbochargers.<ref name="seventysix"/> Garrett formed the automotive group in 1980 and by the mid-1980s there were over 100 turbocharged models.<ref name="seventysix"/> Turbochargers became commonplace by the 1990s.<ref name="seventytwo"/>
[[File:Audi-R18-TDI-2011.JPG|thumb|[[Audi R18|Audi R18 TDI]], with Garrett turbocharger.]]
In 1994, Allied-Signal acquired the [[Lycoming Engines|Lycoming]] Turbine Engine Division of [[Textron]] followed by the sale of the Garrett Aviation Division to [[General Electric]] three years later. In 1999, it merged with Honeywell International Inc. and adopted Honeywell as the company name.<ref name="sixtyfour"/> In 2011, Honeywell sold its automotive Consumer Products Group to [[Graeme Hart|Rank Group]], a New Zealand private investment firm, for $950 million. This included brands like [[FRAM (filter)|Fram Filters]], Prestone antifreeze and [[Autolite]] spark plugs.<ref name="fortyfour">{{cite news
 | title =Honeywell Sells Consumer Auto Products Business
 | newspaper =DealBook
 | date =January 28, 2011
 | url =https://dealbook.nytimes.com/2011/01/28/honeywell-sells-consumer-auto-products-business/?src=busln
 | access-date =November 20, 2011 }}
</ref>

In the 2000s Garrett's turbochargers were installed in the engines of the [[Chevrolet Sonic]], [[Mercedes-Benz W140|Mercedes S 350]], [[Volkswagen]] Polo, [[BMW X6#ActiveHybrid X6 .282009–.29|BMW X6 ActiveHybrid]], [[Ford F-350]], [[Volkswagen Golf]] and [[Jaguar XF]] among others.<ref name="thirtysix">{{cite press release
 | title =Honeywell Boosts 2011 Chevrolet Sonic to 40 mpg Fuel Economy
 | publisher =Garrett
 | date =January 19, 2011
 | url =https://www.garrettmotion.com/news/media/press-release/honeywell-boosts-2011-chevrolet-sonic-to-40-mpg-fuel-economy/
 | access-date =January 30, 2019
 }}{{Dead link|date=May 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref name="thirtyeight">{{cite press release
 | title =Garrett Turbo Innovations Launched on High Performing Mercedes, Range Rover Engines
 | publisher =Garrett
 | date =September 30, 2010
 | url =https://www.garrettmotion.com/news/newsroom/article/garrett-turbo-innovations-launched-on-high-performing-mercedes-range-rover-engines/
 | access-date = January 30, 2019}}</ref><ref name="forty">{{cite web |title=Honeywell Set to Launch 15 New Turbo Technologies in 2010 |url=https://www.garrettmotion.com/news/media/press-release/honeywell-set-to-launch-15-new-turbo-technologies-in-2010/ |website=Garrett |access-date=January 30, 2019 |date=September 30, 2010 |archive-date=January 30, 2019 |archive-url=https://web.archive.org/web/20190130053146/https://www.garrettmotion.com/news/media/press-release/honeywell-set-to-launch-15-new-turbo-technologies-in-2010/ |url-status=dead }}</ref><ref name="fortytwo">{{cite press release
 | title =Volkswagen Selects Honeywell Turbo for New 1.6L Engine
 | publisher =Honeywell
 | date =November 20, 2011
 | url =http://honeywellnow.com/2009/06/23/volkswagen-selects-honeywell-turbo-for-new-1-6l-engine/
 | archive-url = https://web.archive.org/web/20160305153412/http://honeywellnow.com/2009/06/23/volkswagen-selects-honeywell-turbo-for-new-1-6l-engine/
 | archive-date=March 5, 2016
 | access-date =January 30, 2019 }}
</ref><ref name="fortythree">{{cite press release
 | title =New Garrett Turbo Technology Redefines Efficiency and Performance of Diesel V-Engines
 | publisher =Garrett
 | date =March 2, 2009
 | url =https://www.garrettmotion.com/news/media/press-release/new-garrett-turbo-technology-redefines-efficiency-and-performance-of-diesel-v-engines/
 | access-date =January 30, 2019
 | archive-date =January 30, 2019
 | archive-url =https://web.archive.org/web/20190130000101/https://www.garrettmotion.com/news/media/press-release/new-garrett-turbo-technology-redefines-efficiency-and-performance-of-diesel-v-engines/
 | url-status =dead
 }}</ref> In 2010 the company  developed 15 new technologies for 100 new engines, including the world's first use of ball bearing technology in a mainstream light vehicle diesel engine.<ref name="fortyeight">{{cite press release | title=Garrett Turbo Technologies Takes on Challenge to Help Shrink Engines | date=March 2, 2010 | publisher=Garrett | url=https://www.garrettmotion.com/news/media/press-release/garrett-turbo-technologies-takes-on-challenge-to-help-shrink-engines/ | access-date=January 30, 2019 }}{{Dead link|date=May 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>  Garrett has developed the world's smallest turbo for the Tata Nano<ref name="sixtytwo"/><ref name="sixtythree"/> as well as for the 100-liter engine of the Caterpillar mining truck.<ref name="sixtytwo">{{cite news
 | title =Tata to launch tiny Nano turbo
 | newspaper =Wheels24
 | date =January 18, 2011
 | url =http://www.wheels24.co.za/News/General_News/Tata-to-launch-tiny-Nano-turbo-20110118
 | access-date =February 10, 2012 }}</ref><ref name="sixtythree">{{cite news
 | last =Shuldiner
 | first =Herb
 | title =Turbo Penetration Set for Big Boost
 | newspaper =WardsAuto
 | date =November 1, 2011
 | url =http://wardsauto.com/ar/turbo_pentration_boost_111101
 | access-date =February 10, 2012
 | archive-date =February 7, 2012
 | archive-url =https://web.archive.org/web/20120207202053/http://wardsauto.com/ar/turbo_pentration_boost_111101
 | url-status =dead
 }}</ref>

On October 1, 2018, Garrett Motion Inc. became an independent publicly traded company through a pro rata distribution of Garrett shares to Honeywell's stockholders. Each Honeywell stockholder of record received one share of Garrett common stock for every 10 shares of Honeywell common stock held on the record date. Approximately 74 million shares of Garrett common stock were distributed on October 1, 2018, to Honeywell stockholders.{{citation needed|date=January 2019}}

On September 21, 2020, Garrett Motion announced its intention to file for Chapter 11 bankruptcy and be acquired by [[KPS Capital Partners]].<ref>{{cite web|url=https://www.garrettmotion.com/news/newsroom/article/garrett-motion-reinforces-industry-leadership-with-financial-restructuring-and-sale-process/|title=Garrett Motion reinforces industry leadership with financial restructuring and sale process - Garrett Motion|website=garrettmotion.com|access-date=September 26, 2020}}</ref>

In April 2021, Garrett [https://www.bloomberg.com/press-releases/2021-04-30/garrett-motion-successfully-completes-chapter-11-restructuring-with-new-capital-and-strong-balance-sheet emerged from Chapter 11], completing the restructuring process and implementing the restructuring plan that was confirmed by the U.S. Bankruptcy Court for the Southern District of New York on April 23, 2021. The company raised 1.3 bln in equity during Chapter 11 restructuring.