PRESOV, Slovakia Honeywell has announced plans to invest in a new turbocharger manufacturing facility in Presov, Slovakia. The new plant will initially produce turbochargers for light vehicle and commercial vehicle applications and is expected to be operational by 2012.
Honeywell says the new Slovakia facility will supplement the company’s global footprint and address the rapid increase in turbo adoption around the world. Honeywell expects global vehicle production to increase in 2011 and beyond, and the turbocharger segment is expected to grow by more than 2 million vehicles this year alone.