Honeywell has announced that it will invest in a new turbocharger manufacturing facility in Presov, Slovakia.
The new plant will initially produce turbochargers for light vehicle and light vehicle commercial vehicle applications and is expected to be operational by 2012.
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Honeywell said it expects global vehicle production to increase in 2011 and the turbocharger segment is expected to grow by more than two million vehicles this year alone. The company plans to introduce more than 100 new turbo applications this year alone.
“The new plant in Slovakia further extends Honeywell’s leadership in the development of turbochargers,” said president and CEO of Honeywell Transportation Systems, Alex Ismail.
“Turbochargers give car- and truck-makers the flexibility to downsize their engines to increase fuel efficiency as much as 40% and reduce emissions without sacrificing the performance that consumers demand.”
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