Garrett turbo files for bankruptcy
I didn't see this one coming. I hope they can hold it together and get back on their feet again. They make great turbos. Garrett turbocharger files for Chapter 11.
Forum Discussion
typical hostile takeover, then use the company finances to bail out the parent company. then dumps the company they bought which is now saddled with debts.. sorta like what Mercedes did to Chrysler.
Honeywell used to sell electronics, not anything fancy. they sold slide projectors and other consumer electronics. they sold major electrical devices. they weren't financially strong. until they started acquiring companies with strong credit.
Honeywell used to sell electronics, not anything fancy. they sold slide projectors and other consumer electronics. they sold major electrical devices. they weren't financially strong. until they started acquiring companies with strong credit.
