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Updates on Honeywell’s Spin-Off Progress

Updates on Honeywell’s Spin-Off Progress

Honeywell (HON) continued its progress on its earlier announced spin-offs. The spin-off could add more value to investors, as it will be an independent company. During that time, Cliff Garrett, an entrepreneur and an engineer, led the team to develop a turbocharger for the Caterpillar (CAT) D9 crawler tractor, which was launched in 1954.